Leverage Shares (UK) Technical Analysis
3PYE Etf | 42.29 0.96 2.22% |
As of the 11th of December 2024, Leverage Shares secures the Mean Deviation of 3.7, risk adjusted performance of 0.188, and Downside Deviation of 4.84. Leverage Shares 3x technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the etf's future prices. Please verify Leverage Shares 3x jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Leverage Shares 3x is priced some-what accurately, providing market reflects its recent price of 42.29 per share.
Leverage Shares Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Leverage, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LeverageLeverage |
Leverage Shares 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.
Leverage Shares 3x Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Leverage Shares 3x volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Leverage Shares 3x Trend Analysis
Use this graph to draw trend lines for Leverage Shares 3x. You can use it to identify possible trend reversals for Leverage Shares 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 Leverage Shares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Leverage Shares Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Leverage Shares 3x applied against its price change over selected period. The best fit line has a slop of 0.25 , which means Leverage Shares 3x will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2360.92, which is the sum of squared deviations for the predicted Leverage Shares price change compared to its average price change.About Leverage Shares 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 Leverage Shares 3x 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 Leverage Shares 3x based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Leverage Shares 3x price pattern first instead of the macroeconomic environment surrounding Leverage Shares 3x. By analyzing Leverage Shares'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 Leverage Shares'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 Leverage Shares specific price patterns or momentum indicators. Please read more on our technical analysis page.
Leverage Shares December 11, 2024 Technical Indicators
Most technical analysis of Leverage 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 Leverage from various momentum indicators to cycle indicators. When you analyze Leverage 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 | 0.188 | |||
Market Risk Adjusted Performance | (3.28) | |||
Mean Deviation | 3.7 | |||
Semi Deviation | 3.9 | |||
Downside Deviation | 4.84 | |||
Coefficient Of Variation | 402.66 | |||
Standard Deviation | 5.15 | |||
Variance | 26.49 | |||
Information Ratio | 0.2242 | |||
Jensen Alpha | 1.31 | |||
Total Risk Alpha | 0.4528 | |||
Sortino Ratio | 0.2383 | |||
Treynor Ratio | (3.29) | |||
Maximum Drawdown | 28.97 | |||
Value At Risk | (9.09) | |||
Potential Upside | 10.05 | |||
Downside Variance | 23.45 | |||
Semi Variance | 15.24 | |||
Expected Short fall | (4.15) | |||
Skewness | 0.3274 | |||
Kurtosis | 1.52 |
Leverage Shares December 11, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Leverage stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 46.48 | ||
Daily Balance Of Power | (0.25) | ||
Rate Of Daily Change | 0.98 | ||
Day Median Price | 44.22 | ||
Day Typical Price | 43.57 | ||
Price Action Indicator | (2.41) | ||
Market Facilitation Index | 0.01 |
Other Information on Investing in Leverage Etf
Leverage Shares financial ratios help investors to determine whether Leverage 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 Leverage with respect to the benefits of owning Leverage Shares security.