Microsectors Gold 3x Etf Technical Analysis
| DULL Etf | USD 5.68 0.01 0.18% |
As of the 26th of March, MicroSectors Gold secures the Standard Deviation of 2.48, risk adjusted performance of (0.19), and Mean Deviation of 1.95. MicroSectors Gold 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 MicroSectors Gold market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if MicroSectors Gold 3X is priced some-what accurately, providing market reflects its recent price of 5.68 per share.
MicroSectors Gold Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MicroSectors, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MicroSectorsMicroSectors |
MicroSectors Gold 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.
MicroSectors Gold 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 MicroSectors Gold volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MicroSectors Gold Trend Analysis
Use this graph to draw trend lines for MicroSectors Gold 3X. You can use it to identify possible trend reversals for MicroSectors Gold 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 MicroSectors Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MicroSectors Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MicroSectors Gold 3X applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that MicroSectors Gold 3X market price will keep on failing further. It has 122 observation points and a regression sum of squares at 104.28, which is the sum of squared deviations for the predicted MicroSectors Gold price change compared to its average price change.About MicroSectors Gold 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 MicroSectors Gold 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 MicroSectors Gold 3X based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on MicroSectors Gold price pattern first instead of the macroeconomic environment surrounding MicroSectors Gold. By analyzing MicroSectors Gold'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 MicroSectors Gold'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 MicroSectors Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
MicroSectors Gold March 26, 2025 Technical Indicators
Most technical analysis of MicroSectors 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 MicroSectors from various momentum indicators to cycle indicators. When you analyze MicroSectors 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 | (0.19) | |||
| Market Risk Adjusted Performance | (2.49) | |||
| Mean Deviation | 1.95 | |||
| Coefficient Of Variation | (432.59) | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.17 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (2.50) | |||
| Maximum Drawdown | 11.28 | |||
| Value At Risk | (4.53) | |||
| Potential Upside | 4.12 | |||
| Skewness | 0.3265 | |||
| Kurtosis | (0.09) |
MicroSectors Gold One Year Return
Based on the recorded statements, MicroSectors Gold 3X has an One Year Return of -63.6%. This is 370.76% higher than that of the Direxion Funds family and significantly lower than that of the Trading--Inverse Commodities category. The one year return for all United States etfs is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.MicroSectors Gold March 26, 2025 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 MicroSectors 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 | 392.99 | ||
| Daily Balance Of Power | 0.12 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 5.67 | ||
| Day Typical Price | 5.67 | ||
| Price Action Indicator | 0.01 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors Gold 3X. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of MicroSectors Gold is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Gold's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Gold'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 MicroSectors Gold's market value can be influenced by many factors that don't directly affect MicroSectors Gold'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 MicroSectors Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Gold'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.