Evolve Canadian Utilities Etf Technical Analysis
| UTES Etf | 9.20 0.02 0.22% |
As of the 27th of January, Evolve Canadian shows the Downside Deviation of 0.6497, mean deviation of 0.4673, and Coefficient Of Variation of 11679.97. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Evolve Canadian, as well as the relationship between them.
Evolve Canadian Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Evolve, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EvolveEvolve |
Evolve Canadian 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Evolve Canadian's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Evolve Canadian.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in Evolve Canadian on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding Evolve Canadian Utilities or generate 0.0% return on investment in Evolve Canadian over 90 days. Evolve Canadian is related to or competes with Evolve SPTSX, Hamilton Financials, Hamilton Enhanced, Hamilton Australian, Purpose Premium, Global X, and IShares India. Evolve Canadian is entity of Canada. It is traded as Etf on TO exchange. More
Evolve Canadian Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Evolve Canadian's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Evolve Canadian Utilities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6497 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 2.58 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.7973 |
Evolve Canadian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Canadian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evolve Canadian's standard deviation. In reality, there are many statistical measures that can use Evolve Canadian historical prices to predict the future Evolve Canadian's volatility.| Risk Adjusted Performance | 0.0036 | |||
| Jensen Alpha | 0.0033 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0428 |
Evolve Canadian January 27, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0036 | |||
| Market Risk Adjusted Performance | 0.0528 | |||
| Mean Deviation | 0.4673 | |||
| Semi Deviation | 0.6036 | |||
| Downside Deviation | 0.6497 | |||
| Coefficient Of Variation | 11679.97 | |||
| Standard Deviation | 0.5767 | |||
| Variance | 0.3326 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | 0.0033 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0428 | |||
| Maximum Drawdown | 2.58 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.7973 | |||
| Downside Variance | 0.4222 | |||
| Semi Variance | 0.3643 | |||
| Expected Short fall | (0.47) | |||
| Skewness | (0.39) | |||
| Kurtosis | (0.32) |
Evolve Canadian Utilities Backtested Returns
As of now, Evolve Etf is very steady. Evolve Canadian Utilities secures Sharpe Ratio (or Efficiency) of 0.0516, which denotes the etf had a 0.0516 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Evolve Canadian Utilities, which you can use to evaluate the volatility of the entity. Please confirm Evolve Canadian's Coefficient Of Variation of 11679.97, mean deviation of 0.4673, and Downside Deviation of 0.6497 to check if the risk estimate we provide is consistent with the expected return of 0.0305%. The etf shows a Beta (market volatility) of -0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Evolve Canadian are expected to decrease at a much lower rate. During the bear market, Evolve Canadian is likely to outperform the market.
Auto-correlation | 0.40 |
Average predictability
Evolve Canadian Utilities has average predictability. Overlapping area represents the amount of predictability between Evolve Canadian time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Evolve Canadian Utilities price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Evolve Canadian price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Evolve Canadian technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Evolve Canadian Utilities Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Evolve Canadian Utilities volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Evolve Canadian Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Evolve Canadian Utilities on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Evolve Canadian Utilities based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Evolve Canadian Utilities price pattern first instead of the macroeconomic environment surrounding Evolve Canadian Utilities. By analyzing Evolve Canadian's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Evolve Canadian's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Evolve Canadian specific price patterns or momentum indicators. Please read more on our technical analysis page.
Evolve Canadian January 27, 2026 Technical Indicators
Most technical analysis of Evolve help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Evolve from various momentum indicators to cycle indicators. When you analyze Evolve charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0036 | |||
| Market Risk Adjusted Performance | 0.0528 | |||
| Mean Deviation | 0.4673 | |||
| Semi Deviation | 0.6036 | |||
| Downside Deviation | 0.6497 | |||
| Coefficient Of Variation | 11679.97 | |||
| Standard Deviation | 0.5767 | |||
| Variance | 0.3326 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | 0.0033 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0428 | |||
| Maximum Drawdown | 2.58 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.7973 | |||
| Downside Variance | 0.4222 | |||
| Semi Variance | 0.3643 | |||
| Expected Short fall | (0.47) | |||
| Skewness | (0.39) | |||
| Kurtosis | (0.32) |
Evolve Canadian January 27, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Evolve stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 1,325 | ||
| Daily Balance Of Power | 0.25 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 9.19 | ||
| Day Typical Price | 9.19 | ||
| Price Action Indicator | 0.02 |
Other Information on Investing in Evolve Etf
Evolve Canadian financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve Canadian security.