Sp Funds Sp Etf Technical Analysis
| SPRE Etf | USD 21.65 0.22 1.03% |
As of the 28th of November, SP Funds owns the Mean Deviation of 0.7198, downside deviation of 0.816, and Risk Adjusted Performance of 0.0271. Concerning fundamental indicators, the technical analysis model makes it possible for you to check potential technical drivers of SP Funds SP, as well as the relationship between them. Please validate SP Funds SP coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if SP Funds SP is priced correctly, providing market reflects its prevailing price of 21.65 per share.
SP Funds Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPRE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPRESPRE |
SP Funds 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.
SP Funds SP Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 SP Funds SP volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SP Funds SP Trend Analysis
Use this graph to draw trend lines for SP Funds SP. You can use it to identify possible trend reversals for SP Funds 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 SP Funds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SP Funds Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SP Funds SP applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that SP Funds SP market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.59, which is the sum of squared deviations for the predicted SP Funds price change compared to its average price change.About SP Funds 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 SP Funds SP 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 SP Funds SP based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on SP Funds SP price pattern first instead of the macroeconomic environment surrounding SP Funds SP. By analyzing SP Funds'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 SP Funds'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 SP Funds specific price patterns or momentum indicators. Please read more on our technical analysis page.
SP Funds November 28, 2024 Technical Indicators
Most technical analysis of SPRE 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 SPRE from various momentum indicators to cycle indicators. When you analyze SPRE 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 | 0.0271 | |||
| Market Risk Adjusted Performance | 0.0929 | |||
| Mean Deviation | 0.7198 | |||
| Semi Deviation | 0.7617 | |||
| Downside Deviation | 0.816 | |||
| Coefficient Of Variation | 2955.43 | |||
| Standard Deviation | 0.8684 | |||
| Variance | 0.7541 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0829 | |||
| Maximum Drawdown | 3.46 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.56 | |||
| Downside Variance | 0.6658 | |||
| Semi Variance | 0.5801 | |||
| Expected Short fall | (0.85) | |||
| Skewness | 0.1277 | |||
| Kurtosis | (0.70) |
SP Funds November 28, 2024 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 SPRE 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 | 733.84 | ||
| Daily Balance Of Power | 0.71 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 21.69 | ||
| Day Typical Price | 21.67 | ||
| Price Action Indicator | 0.07 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Funds SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of SP Funds SP is measured differently than its book value, which is the value of SPRE that is recorded on the company's balance sheet. Investors also form their own opinion of SP Funds' value that differs from its market value or its book value, called intrinsic value, which is SP Funds' 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 SP Funds' market value can be influenced by many factors that don't directly affect SP Funds' 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 SP Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Funds' 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.