Democracy International Etf Technical Analysis
| DMCY Etf | USD 24.85 0.07 0.28% |
As of the 5th of January, Democracy International shows the Standard Deviation of 0.6881, variance of 0.4735, and Mean Deviation of 0.5253. Democracy International technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Democracy International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Democracy, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DemocracyDemocracy |
Democracy International 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.
Democracy International Technical Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. 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 Democracy International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Democracy International Trend Analysis
Use this graph to draw trend lines for Democracy International. You can use it to identify possible trend reversals for Democracy International 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 Democracy International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Democracy International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Democracy International applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Democracy International market price will keep on failing further. It has 122 observation points and a regression sum of squares at 28.69, which is the sum of squared deviations for the predicted Democracy International price change compared to its average price change.About Democracy International 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 Democracy International 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 Democracy International based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Democracy International price pattern first instead of the macroeconomic environment surrounding Democracy International. By analyzing Democracy International'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 Democracy International'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 Democracy International specific price patterns or momentum indicators. Please read more on our technical analysis page.
Democracy International January 5, 2025 Technical Indicators
Most technical analysis of Democracy 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 Democracy from various momentum indicators to cycle indicators. When you analyze Democracy 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.
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| Volume Indicators |
| Risk Adjusted Performance | (0.15) | |||
| Market Risk Adjusted Performance | (1.67) | |||
| Mean Deviation | 0.5253 | |||
| Coefficient Of Variation | (540.88) | |||
| Standard Deviation | 0.6881 | |||
| Variance | 0.4735 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (1.68) | |||
| Maximum Drawdown | 3.88 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 0.6491 | |||
| Skewness | (0.87) | |||
| Kurtosis | 1.34 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Democracy International. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of Democracy International is measured differently than its book value, which is the value of Democracy that is recorded on the company's balance sheet. Investors also form their own opinion of Democracy International's value that differs from its market value or its book value, called intrinsic value, which is Democracy International'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 Democracy International's market value can be influenced by many factors that don't directly affect Democracy International'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 Democracy International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Democracy International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Democracy International'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.