Consumer Discretionary Etf Forecast - Daily Balance Of Power
| XLY Etf | USD 232.44 0.38 0.16% |
Consumer Etf Forecast is based on your current time horizon.
Consumer |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.20) | 0.33 |
| Check Consumer Discretionary Volatility | Backtest Consumer Discretionary | Trend Details |
Consumer Discretionary Trading Date Momentum
| On October 03 2024 Consumer Discretionary Select was traded for 195.58 at the closing time. Highest Consumer Discretionary's price during the trading hours was 196.91 and the lowest price during the day was 194.79 . The net volume was 3.5 M. The overall trading history on the 3rd of October contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.16% . The overall trading delta to current price is 0.59% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Consumer Discretionary to competition |
Other Forecasting Options for Consumer Discretionary
For every potential investor in Consumer, whether a beginner or expert, Consumer Discretionary's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Consumer Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Consumer. Basic forecasting techniques help filter out the noise by identifying Consumer Discretionary's price trends.Consumer Discretionary 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 Consumer Discretionary etf to make a market-neutral strategy. Peer analysis of Consumer Discretionary could also be used in its relative valuation, which is a method of valuing Consumer Discretionary by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Consumer Discretionary Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Consumer Discretionary's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Consumer Discretionary's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Consumer Discretionary Market Strength Events
Market strength indicators help investors to evaluate how Consumer Discretionary etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Consumer Discretionary shares will generate the highest return on investment. By undertsting and applying Consumer Discretionary etf market strength indicators, traders can identify Consumer Discretionary Select entry and exit signals to maximize returns.
| Accumulation Distribution | 47642.12 | |||
| Daily Balance Of Power | 0.1297 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 233.14 | |||
| Day Typical Price | 232.9 | |||
| Price Action Indicator | (0.50) | |||
| Period Momentum Indicator | 0.38 |
Consumer Discretionary Risk Indicators
The analysis of Consumer Discretionary'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 Consumer Discretionary's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting consumer 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 | 0.8213 | |||
| Semi Deviation | 0.3763 | |||
| Standard Deviation | 1.04 | |||
| Variance | 1.08 | |||
| Downside Variance | 0.6574 | |||
| Semi Variance | 0.1416 | |||
| Expected Short fall | (1.02) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Consumer Discretionary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Consumer Discretionary's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Consumer Discretionary Select Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Consumer Discretionary Select Etf:Check out Historical Fundamental Analysis of Consumer Discretionary to cross-verify your projections. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Consumer Discretionary is measured differently than its book value, which is the value of Consumer that is recorded on the company's balance sheet. Investors also form their own opinion of Consumer Discretionary's value that differs from its market value or its book value, called intrinsic value, which is Consumer Discretionary'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 Consumer Discretionary's market value can be influenced by many factors that don't directly affect Consumer Discretionary'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 Consumer Discretionary's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consumer Discretionary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consumer Discretionary'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.