Rex Volmaxx Long Etf Technical Analysis
| VMAX Etf | 47.53 1.03 2.22% |
As of the 16th of March 2025, REX VolMAXX holds the Variance of 0.832, coefficient of variation of (861.67), and Risk Adjusted Performance of (0.10). Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of REX VolMAXX, as well as the relationship between them.
REX VolMAXX Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as REX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to REXREX |
REX VolMAXX 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.
REX VolMAXX Long Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 REX VolMAXX Long volatility. High ATR values indicate high volatility, and low values indicate low volatility.
REX VolMAXX Long Trend Analysis
Use this graph to draw trend lines for REX VolMAXX Long. You can use it to identify possible trend reversals for REX VolMAXX 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 REX VolMAXX price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.REX VolMAXX Best Fit Change Line
The following chart estimates an ordinary least squares regression model for REX VolMAXX Long applied against its price change over selected period. The best fit line has a slop of 0.01 , which means REX VolMAXX Long will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.42, which is the sum of squared deviations for the predicted REX VolMAXX price change compared to its average price change.About REX VolMAXX 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 REX VolMAXX Long 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 REX VolMAXX Long based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on REX VolMAXX Long price pattern first instead of the macroeconomic environment surrounding REX VolMAXX Long. By analyzing REX VolMAXX'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 REX VolMAXX'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 REX VolMAXX specific price patterns or momentum indicators. Please read more on our technical analysis page.
REX VolMAXX March 16, 2025 Technical Indicators
Most technical analysis of REX 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 REX from various momentum indicators to cycle indicators. When you analyze REX 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 | (0.10) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 0.6901 | |||
| Coefficient Of Variation | (861.67) | |||
| Standard Deviation | 0.9122 | |||
| Variance | 0.832 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 4.72 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.2 | |||
| Skewness | (0.31) | |||
| Kurtosis | 0.9869 |
REX VolMAXX Long One Year Return
Based on the recorded statements, REX VolMAXX Long has an One Year Return of 7.3%. This is 52.16% lower than that of the UBS family and significantly higher than that of the Large Value 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.REX VolMAXX March 16, 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 REX 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 | 0.02 | ||
| Daily Balance Of Power | 1.04 | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 47.04 | ||
| Day Typical Price | 47.20 | ||
| Price Action Indicator | 1.01 | ||
| Market Facilitation Index | 0.99 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in REX VolMAXX Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of REX VolMAXX Long is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX VolMAXX's value that differs from its market value or its book value, called intrinsic value, which is REX VolMAXX'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 REX VolMAXX's market value can be influenced by many factors that don't directly affect REX VolMAXX'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 REX VolMAXX's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX VolMAXX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX VolMAXX'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.