Octane All Cap Value Etf Technical Analysis
OCTA Etf | 18.10 0.01 0.06% |
As of the 1st of December, Octane All holds the Risk Adjusted Performance of (0.02), variance of 2.03, and Coefficient Of Variation of (2,997). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Octane All, as well as the relationship between them.
Octane All Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Octane, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OctaneOctane |
Octane All 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.
Octane All Cap 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 Octane All Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Octane All Cap Trend Analysis
Use this graph to draw trend lines for Octane All Cap Value. You can use it to identify possible trend reversals for Octane All 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 Octane All price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Octane All Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Octane All Cap Value applied against its price change over selected period. The best fit line has a slop of 0.0006 , which may suggest that Octane All Cap Value market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Octane All price change compared to its average price change.About Octane All 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 Octane All Cap Value 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 Octane All Cap Value based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Octane All Cap price pattern first instead of the macroeconomic environment surrounding Octane All Cap. By analyzing Octane All'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 Octane All'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 Octane All specific price patterns or momentum indicators. Please read more on our technical analysis page.
Octane All December 1, 2024 Technical Indicators
Most technical analysis of Octane 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 Octane from various momentum indicators to cycle indicators. When you analyze Octane 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 | (0.02) | |||
Market Risk Adjusted Performance | (0.05) | |||
Mean Deviation | 1.03 | |||
Coefficient Of Variation | (2,997) | |||
Standard Deviation | 1.42 | |||
Variance | 2.03 | |||
Information Ratio | (0.13) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.30) | |||
Treynor Ratio | (0.06) | |||
Maximum Drawdown | 6.8 | |||
Value At Risk | (2.11) | |||
Potential Upside | 1.49 | |||
Skewness | (0.08) | |||
Kurtosis | 2.75 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Octane All Cap Value. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of Octane All Cap is measured differently than its book value, which is the value of Octane that is recorded on the company's balance sheet. Investors also form their own opinion of Octane All's value that differs from its market value or its book value, called intrinsic value, which is Octane All'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 Octane All's market value can be influenced by many factors that don't directly affect Octane All'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 Octane All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Octane All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Octane All'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.