Jacob Forward Etf Technical Analysis
| JFWD Etf | USD 12.52 0.24 1.88% |
As of the 15th of December 2024, Jacob Forward retains the Market Risk Adjusted Performance of 0.2091, risk adjusted performance of 0.1291, and Downside Deviation of 1.97. Jacob Forward technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Please check out Jacob Forward ETF jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Jacob Forward is priced fairly, providing market reflects its last-minute price of 12.52 per share.
Jacob Forward Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jacob, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JacobJacob |
Jacob Forward 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.
Jacob Forward ETF Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Jacob Forward ETF volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Jacob Forward ETF Trend Analysis
Use this graph to draw trend lines for Jacob Forward ETF. You can use it to identify possible trend reversals for Jacob Forward 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 Jacob Forward price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Jacob Forward Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Jacob Forward ETF applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Jacob Forward ETF will continue generating value for investors. It has 122 observation points and a regression sum of squares at 77.47, which is the sum of squared deviations for the predicted Jacob Forward price change compared to its average price change.About Jacob Forward 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 Jacob Forward ETF 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 Jacob Forward ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Jacob Forward ETF price pattern first instead of the macroeconomic environment surrounding Jacob Forward ETF. By analyzing Jacob Forward'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 Jacob Forward'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 Jacob Forward specific price patterns or momentum indicators. Please read more on our technical analysis page.
Jacob Forward December 15, 2024 Technical Indicators
Most technical analysis of Jacob 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 Jacob from various momentum indicators to cycle indicators. When you analyze Jacob 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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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.1291 | |||
| Market Risk Adjusted Performance | 0.2091 | |||
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.61 | |||
| Downside Deviation | 1.97 | |||
| Coefficient Of Variation | 589.75 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.59 | |||
| Information Ratio | 0.1167 | |||
| Jensen Alpha | 0.1704 | |||
| Total Risk Alpha | 0.0758 | |||
| Sortino Ratio | 0.1123 | |||
| Treynor Ratio | 0.1991 | |||
| Maximum Drawdown | 9.26 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 3.15 | |||
| Downside Variance | 3.88 | |||
| Semi Variance | 2.58 | |||
| Expected Short fall | (1.60) | |||
| Skewness | (0.08) | |||
| Kurtosis | (0.07) |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jacob Forward ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of Jacob Forward ETF is measured differently than its book value, which is the value of Jacob that is recorded on the company's balance sheet. Investors also form their own opinion of Jacob Forward's value that differs from its market value or its book value, called intrinsic value, which is Jacob Forward'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 Jacob Forward's market value can be influenced by many factors that don't directly affect Jacob Forward'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 Jacob Forward's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jacob Forward is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jacob Forward'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.