Etfis Series Trust Etf Technical Analysis
PFFR Etf | USD 18.50 0.01 0.05% |
As of the 25th of March, ETFis Series shows the standard deviation of 0.6218, and Mean Deviation of 0.4363. In relation to fundamental indicators, the technical analysis model provides you with a way to check helpful technical drivers of ETFis Series, as well as the relationship between them. Please confirm ETFis Series Trust coefficient of variation and maximum drawdown to decide if ETFis Series Trust is priced adequately, providing market reflects its regular price of 18.5 per share.
ETFis Series Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ETFis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ETFisETFis |
ETFis Series 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.
ETFis Series Trust Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 ETFis Series Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ETFis Series Trust Trend Analysis
Use this graph to draw trend lines for ETFis Series Trust. You can use it to identify possible trend reversals for ETFis Series 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 ETFis Series price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ETFis Series Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ETFis Series Trust applied against its price change over selected period. The best fit line has a slop of 0 , which means ETFis Series Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.34, which is the sum of squared deviations for the predicted ETFis Series price change compared to its average price change.About ETFis Series 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 ETFis Series Trust 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 ETFis Series Trust based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ETFis Series Trust price pattern first instead of the macroeconomic environment surrounding ETFis Series Trust. By analyzing ETFis Series'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 ETFis Series'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 ETFis Series specific price patterns or momentum indicators. Please read more on our technical analysis page.
ETFis Series March 25, 2025 Technical Indicators
Most technical analysis of ETFis 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 ETFis from various momentum indicators to cycle indicators. When you analyze ETFis 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 | (0.01) | |||
Market Risk Adjusted Performance | (0.31) | |||
Mean Deviation | 0.4363 | |||
Coefficient Of Variation | (28,315) | |||
Standard Deviation | 0.6218 | |||
Variance | 0.3866 | |||
Information Ratio | 0.0391 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | 0.0129 | |||
Treynor Ratio | (0.32) | |||
Maximum Drawdown | 4.14 | |||
Value At Risk | (0.92) | |||
Potential Upside | 0.9751 | |||
Skewness | 1.07 | |||
Kurtosis | 4.27 |
ETFis Series Trust One Year Return
Based on the recorded statements, ETFis Series Trust has an One Year Return of 5.6%. This is 151.76% lower than that of the Virtus family and significantly higher than that of the Preferred Stock category. The one year return for all United States etfs is notably lower than that of the firm.
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.ETFis Series March 25, 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 ETFis 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 | 413.80 | ||
Daily Balance Of Power | 0.04 | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 18.56 | ||
Day Typical Price | 18.54 | ||
Price Action Indicator | (0.05) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ETFis Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of ETFis Series Trust is measured differently than its book value, which is the value of ETFis that is recorded on the company's balance sheet. Investors also form their own opinion of ETFis Series' value that differs from its market value or its book value, called intrinsic value, which is ETFis Series' 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 ETFis Series' market value can be influenced by many factors that don't directly affect ETFis Series' 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 ETFis Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETFis Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETFis Series' 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.