Aam Sp 500 Etf Technical Analysis
| SPDV Etf | USD 35.11 0.27 0.77% |
As of the 1st of December, AAM SP shows the Coefficient Of Variation of 489.48, downside deviation of 0.6252, and Mean Deviation of 0.5653. Concerning fundamental indicators, the technical analysis model gives you tools to check possible technical drivers of AAM SP, as well as the relationship between them. Please confirm AAM SP 500 standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if AAM SP 500 is priced adequately, providing market reflects its regular price of 35.11 per share.
AAM SP Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AAM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AAMAAM |
AAM SP 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.
AAM SP 500 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 AAM SP 500 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AAM SP 500 Trend Analysis
Use this graph to draw trend lines for AAM SP 500. You can use it to identify possible trend reversals for AAM SP 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 AAM SP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AAM SP Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AAM SP 500 applied against its price change over selected period. The best fit line has a slop of 0.04 , which means AAM SP 500 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 66.7, which is the sum of squared deviations for the predicted AAM SP price change compared to its average price change.About AAM SP 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 AAM SP 500 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 AAM SP 500 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on AAM SP 500 price pattern first instead of the macroeconomic environment surrounding AAM SP 500. By analyzing AAM SP'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 AAM SP'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 AAM SP specific price patterns or momentum indicators. Please read more on our technical analysis page.
AAM SP December 1, 2024 Technical Indicators
Most technical analysis of AAM 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 AAM from various momentum indicators to cycle indicators. When you analyze AAM 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1553 | |||
| Market Risk Adjusted Performance | 0.1912 | |||
| Mean Deviation | 0.5653 | |||
| Semi Deviation | 0.4157 | |||
| Downside Deviation | 0.6252 | |||
| Coefficient Of Variation | 489.48 | |||
| Standard Deviation | 0.7025 | |||
| Variance | 0.4936 | |||
| Information Ratio | 0.0084 | |||
| Jensen Alpha | 0.0395 | |||
| Total Risk Alpha | 0.0163 | |||
| Sortino Ratio | 0.0095 | |||
| Treynor Ratio | 0.1812 | |||
| Maximum Drawdown | 3.34 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.16 | |||
| Downside Variance | 0.3909 | |||
| Semi Variance | 0.1728 | |||
| Expected Short fall | (0.65) | |||
| Skewness | 0.2472 | |||
| Kurtosis | 0.0886 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AAM SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of AAM SP 500 is measured differently than its book value, which is the value of AAM that is recorded on the company's balance sheet. Investors also form their own opinion of AAM SP's value that differs from its market value or its book value, called intrinsic value, which is AAM SP'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 AAM SP's market value can be influenced by many factors that don't directly affect AAM SP'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 AAM SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAM SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAM SP'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.