Clearshares Piton Intermediate Etf Technical Analysis
| PIFI Etf | USD 91.96 0.06 0.07% |
As of the 7th of January, ClearShares Piton shows the risk adjusted performance of (0.16), and Mean Deviation of 0.1373. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of ClearShares Piton, as well as the relationship between them.
ClearShares Piton Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ClearShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ClearSharesClearShares |
ClearShares Piton 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.
ClearShares Piton 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 ClearShares Piton volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ClearShares Piton Trend Analysis
Use this graph to draw trend lines for ClearShares Piton Intermediate. You can use it to identify possible trend reversals for ClearShares Piton 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 ClearShares Piton price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ClearShares Piton Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ClearShares Piton Intermediate applied against its price change over selected period. The best fit line has a slop of 0.007 , which may suggest that ClearShares Piton Intermediate market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.83, which is the sum of squared deviations for the predicted ClearShares Piton price change compared to its average price change.About ClearShares Piton 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 ClearShares Piton Intermediate 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 ClearShares Piton Intermediate based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on ClearShares Piton price pattern first instead of the macroeconomic environment surrounding ClearShares Piton. By analyzing ClearShares Piton'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 ClearShares Piton'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 ClearShares Piton specific price patterns or momentum indicators. Please read more on our technical analysis page.
ClearShares Piton January 7, 2025 Technical Indicators
Most technical analysis of ClearShares 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 ClearShares from various momentum indicators to cycle indicators. When you analyze ClearShares 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 | (0.16) | |||
| Market Risk Adjusted Performance | (5.98) | |||
| Mean Deviation | 0.1373 | |||
| Coefficient Of Variation | (621.21) | |||
| Standard Deviation | 0.1834 | |||
| Variance | 0.0336 | |||
| Information Ratio | (0.31) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (5.99) | |||
| Maximum Drawdown | 0.9128 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.2816 | |||
| Skewness | (0.08) | |||
| Kurtosis | 1.29 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ClearShares Piton Intermediate. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of ClearShares Piton is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares Piton's value that differs from its market value or its book value, called intrinsic value, which is ClearShares Piton'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 ClearShares Piton's market value can be influenced by many factors that don't directly affect ClearShares Piton'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 ClearShares Piton's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares Piton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares Piton'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.