Exchange Traded Etf Forecast - Relative Strength Index
| NVQ Etf | USD 32.30 0.00 0.00% |
Exchange Etf Forecast is based on your current time horizon.
Exchange |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 64.75 | 64.75 |
| Check Exchange Traded Volatility | Backtest Exchange Traded | Information Ratio |
Exchange Traded Trading Date Momentum
| On December 04 2024 Exchange Traded Concepts was traded for 32.30 at the closing time. Highest Exchange Traded's price during the trading hours was 32.30 and the lowest price during the day was 32.30 . There was no trading activity during the period 0.0. Lack of trading volume on the 4th of December did not affect price variability. The overall trading delta to current price is 0.00% . |
Exchange Traded Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Exchange Traded etf to make a market-neutral strategy. Peer analysis of Exchange Traded could also be used in its relative valuation, which is a method of valuing Exchange Traded by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Exchange Traded Market Strength Events
Market strength indicators help investors to evaluate how Exchange Traded etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Exchange Traded shares will generate the highest return on investment. By undertsting and applying Exchange Traded etf market strength indicators, traders can identify Exchange Traded Concepts entry and exit signals to maximize returns.
Exchange Traded Risk Indicators
The analysis of Exchange Traded's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Exchange Traded's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting exchange etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8295 | |||
| Semi Deviation | 0.8014 | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.05 | |||
| Downside Variance | 0.836 | |||
| Semi Variance | 0.6422 | |||
| Expected Short fall | (0.94) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Exchange Traded
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Exchange Traded position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Exchange Traded will appreciate offsetting losses from the drop in the long position's value.Moving together with Exchange Etf
| 0.73 | VOE | Vanguard Mid Cap | PairCorr |
| 0.76 | IWS | iShares Russell Mid | PairCorr |
| 0.71 | SPYD | SPDR Portfolio SP Potential Growth | PairCorr |
| 0.68 | COWZ | Pacer Cash Cows | PairCorr |
Moving against Exchange Etf
| 0.88 | AIVI | WisdomTree International | PairCorr |
| 0.76 | WTRE | WisdomTree New Economy | PairCorr |
| 0.72 | VPL | Vanguard FTSE Pacific | PairCorr |
The ability to find closely correlated positions to Exchange Traded could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exchange Traded when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Exchange Traded - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Exchange Traded Concepts to buy it.
The correlation of Exchange Traded is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Exchange Traded moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exchange Traded Concepts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Exchange Traded can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.