SPDR Gold (Germany) Technical Analysis
GQ9 Stock | EUR 231.43 0.00 0.00% |
As of the 27th of December, SPDR Gold has the coefficient of variation of 800.48, and Risk Adjusted Performance of 0.1011. SPDR Gold technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate SPDR Gold Shares mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if SPDR Gold is priced adequately, providing market reflects its prevalent price of 231.43 per share.
SPDR Gold Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPDR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPDRSPDR |
SPDR Gold technical stock 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, stock market cycles, or different charting patterns.
SPDR Gold Shares Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 SPDR Gold Shares volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SPDR Gold Shares Trend Analysis
Use this graph to draw trend lines for SPDR Gold Shares. You can use it to identify possible trend reversals for SPDR Gold as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SPDR Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SPDR Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SPDR Gold Shares applied against its price change over selected period. The best fit line has a slop of 0.16 , which means SPDR Gold Shares will continue generating value for investors. It has 122 observation points and a regression sum of squares at 918.77, which is the sum of squared deviations for the predicted SPDR Gold price change compared to its average price change.About SPDR Gold 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 SPDR Gold Shares 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 SPDR Gold Shares based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SPDR Gold Shares price pattern first instead of the macroeconomic environment surrounding SPDR Gold Shares. By analyzing SPDR Gold'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 SPDR Gold'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 SPDR Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
SPDR Gold December 27, 2024 Technical Indicators
Most technical analysis of SPDR 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 SPDR from various momentum indicators to cycle indicators. When you analyze SPDR 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 | 0.1011 | |||
Market Risk Adjusted Performance | 1.28 | |||
Mean Deviation | 0.7035 | |||
Semi Deviation | 0.9619 | |||
Downside Deviation | 1.1 | |||
Coefficient Of Variation | 800.48 | |||
Standard Deviation | 0.9798 | |||
Variance | 0.96 | |||
Information Ratio | 0.0706 | |||
Jensen Alpha | 0.1086 | |||
Total Risk Alpha | 0.059 | |||
Sortino Ratio | 0.0629 | |||
Treynor Ratio | 1.27 | |||
Maximum Drawdown | 6.07 | |||
Value At Risk | (1.39) | |||
Potential Upside | 1.49 | |||
Downside Variance | 1.21 | |||
Semi Variance | 0.9252 | |||
Expected Short fall | (0.74) | |||
Skewness | (1.16) | |||
Kurtosis | 4.12 |
Complementary Tools for SPDR Stock analysis
When running SPDR Gold's price analysis, check to measure SPDR Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR Gold is operating at the current time. Most of SPDR Gold's value examination focuses on studying past and present price action to predict the probability of SPDR Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR Gold's price. Additionally, you may evaluate how the addition of SPDR Gold to your portfolios can decrease your overall portfolio volatility.
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Transaction History View history of all your transactions and understand their impact on performance | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |