ETF Managers Etf Forecast - Accumulation Distribution
| MJXL Etf | USD 0.39 0.01 2.50% |
ETF Etf Forecast is based on your current time horizon.
ETF |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 2428.57 | 1580.95 |
| Check ETF Managers Volatility | Backtest ETF Managers | Trend Details |
ETF Managers Trading Date Momentum
| On December 27 2022 ETF Managers Group was traded for 0.39 at the closing time. The top price for the day was 0.40 and the lowest listed price was 0.36 . The trading volume for the day was 31.2 K. The trading history from December 27, 2022 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.88% . The overall trading delta against the current closing price is 2.44% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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ETF Managers Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ETF Managers etf to make a market-neutral strategy. Peer analysis of ETF Managers could also be used in its relative valuation, which is a method of valuing ETF Managers by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ETF Managers Market Strength Events
Market strength indicators help investors to evaluate how ETF Managers etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ETF Managers shares will generate the highest return on investment. By undertsting and applying ETF Managers etf market strength indicators, traders can identify ETF Managers Group entry and exit signals to maximize returns.
ETF Managers Risk Indicators
The analysis of ETF Managers' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ETF Managers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting etf etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 5.82 | |||
| Standard Deviation | 7.18 | |||
| Variance | 51.6 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' 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 ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' 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 ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' 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.