Ninepoint Web3 Innovators Etf Technical Analysis
| TKN Etf | 25.08 0.23 0.93% |
As of the 29th of December, Ninepoint Web3 secures the Risk Adjusted Performance of 0.1554, downside deviation of 2.81, and Mean Deviation of 2.02. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Ninepoint Web3 Innovators, as well as the relationship between them.
Ninepoint Web3 Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ninepoint, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NinepointNinepoint |
Ninepoint Web3 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.
Ninepoint Web3 Innovators Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Ninepoint Web3 Innovators volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ninepoint Web3 Innovators Trend Analysis
Use this graph to draw trend lines for Ninepoint Web3 Innovators. You can use it to identify possible trend reversals for Ninepoint Web3 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 Ninepoint Web3 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ninepoint Web3 Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ninepoint Web3 Innovators applied against its price change over selected period. The best fit line has a slop of 0.17 , which means Ninepoint Web3 Innovators will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1094.11, which is the sum of squared deviations for the predicted Ninepoint Web3 price change compared to its average price change.About Ninepoint Web3 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 Ninepoint Web3 Innovators 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 Ninepoint Web3 Innovators based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Ninepoint Web3 Innovators price pattern first instead of the macroeconomic environment surrounding Ninepoint Web3 Innovators. By analyzing Ninepoint Web3'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 Ninepoint Web3'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 Ninepoint Web3 specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ninepoint Web3 December 29, 2024 Technical Indicators
Most technical analysis of Ninepoint 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 Ninepoint from various momentum indicators to cycle indicators. When you analyze Ninepoint 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 | 0.1554 | |||
| Market Risk Adjusted Performance | (1.00) | |||
| Mean Deviation | 2.02 | |||
| Semi Deviation | 2.31 | |||
| Downside Deviation | 2.81 | |||
| Coefficient Of Variation | 538.38 | |||
| Standard Deviation | 3.02 | |||
| Variance | 9.13 | |||
| Information Ratio | 0.1751 | |||
| Jensen Alpha | 0.5633 | |||
| Total Risk Alpha | 0.4671 | |||
| Sortino Ratio | 0.1879 | |||
| Treynor Ratio | (1.01) | |||
| Maximum Drawdown | 20.21 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 4.81 | |||
| Downside Variance | 7.92 | |||
| Semi Variance | 5.32 | |||
| Expected Short fall | (2.18) | |||
| Skewness | 1.21 | |||
| Kurtosis | 5.88 |
Other Information on Investing in Ninepoint Etf
Ninepoint Web3 financial ratios help investors to determine whether Ninepoint Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ninepoint with respect to the benefits of owning Ninepoint Web3 security.