Macquarie Etf Trust Etf Technical Analysis
LRGG Etf | 28.08 0.13 0.47% |
As of the 1st of December, Macquarie ETF secures the Downside Deviation of 0.9794, mean deviation of 0.5971, and Risk Adjusted Performance of 0.0717. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Macquarie ETF Trust, as well as the relationship between them. Please verify Macquarie ETF Trust treynor ratio, and the relationship between the standard deviation and downside variance to decide if Macquarie ETF Trust is priced some-what accurately, providing market reflects its recent price of 28.08 per share.
Macquarie ETF Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Macquarie, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MacquarieMacquarie |
Macquarie ETF 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.
Macquarie ETF Trust Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Macquarie ETF Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Macquarie ETF Trust Trend Analysis
Use this graph to draw trend lines for Macquarie ETF Trust. You can use it to identify possible trend reversals for Macquarie ETF 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 Macquarie ETF price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Macquarie ETF Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Macquarie ETF Trust applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Macquarie ETF Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 24.91, which is the sum of squared deviations for the predicted Macquarie ETF price change compared to its average price change.About Macquarie ETF 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 Macquarie ETF Trust 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 Macquarie ETF Trust based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Macquarie ETF Trust price pattern first instead of the macroeconomic environment surrounding Macquarie ETF Trust. By analyzing Macquarie ETF'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 Macquarie ETF'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 Macquarie ETF specific price patterns or momentum indicators. Please read more on our technical analysis page.
Macquarie ETF December 1, 2024 Technical Indicators
Most technical analysis of Macquarie 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 Macquarie from various momentum indicators to cycle indicators. When you analyze Macquarie 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 | 0.0717 | |||
Market Risk Adjusted Performance | 0.1041 | |||
Mean Deviation | 0.5971 | |||
Semi Deviation | 0.8662 | |||
Downside Deviation | 0.9794 | |||
Coefficient Of Variation | 1081.08 | |||
Standard Deviation | 0.8523 | |||
Variance | 0.7264 | |||
Information Ratio | (0.07) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.0941 | |||
Maximum Drawdown | 4.12 | |||
Value At Risk | (1.56) | |||
Potential Upside | 1.44 | |||
Downside Variance | 0.9592 | |||
Semi Variance | 0.7503 | |||
Expected Short fall | (0.60) | |||
Skewness | (0.69) | |||
Kurtosis | 1.35 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macquarie ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Macquarie ETF Trust is measured differently than its book value, which is the value of Macquarie that is recorded on the company's balance sheet. Investors also form their own opinion of Macquarie ETF's value that differs from its market value or its book value, called intrinsic value, which is Macquarie ETF'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 Macquarie ETF's market value can be influenced by many factors that don't directly affect Macquarie ETF'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 Macquarie ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macquarie ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macquarie ETF'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.