Merlynai Corp Etf Technical Analysis
WIZ Etf | USD 29.52 0.00 0.00% |
As of the 21st of December, MerlynAI Corp secures the Downside Deviation of 0.6745, mean deviation of 0.4645, and Risk Adjusted Performance of 0.1336. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MerlynAI Corp, as well as the relationship between them.
MerlynAI Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MerlynAI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MerlynAIMerlynAI |
MerlynAI Corp 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.
MerlynAI Corp Technical Analysis
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MerlynAI Corp Trend Analysis
Use this graph to draw trend lines for MerlynAI Corp. You can use it to identify possible trend reversals for MerlynAI Corp 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 MerlynAI Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MerlynAI Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MerlynAI Corp applied against its price change over selected period. The best fit line has a slop of 0.06 , which may imply that MerlynAI Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 139.43, which is the sum of squared deviations for the predicted MerlynAI Corp price change compared to its average price change.About MerlynAI Corp 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 MerlynAI Corp 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 MerlynAI Corp based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on MerlynAI Corp price pattern first instead of the macroeconomic environment surrounding MerlynAI Corp. By analyzing MerlynAI Corp'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 MerlynAI Corp'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 MerlynAI Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
MerlynAI Corp December 21, 2024 Technical Indicators
Most technical analysis of MerlynAI 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 MerlynAI from various momentum indicators to cycle indicators. When you analyze MerlynAI 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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Volume Indicators |
Risk Adjusted Performance | 0.1336 | |||
Market Risk Adjusted Performance | 0.6159 | |||
Mean Deviation | 0.4645 | |||
Semi Deviation | 0.4542 | |||
Downside Deviation | 0.6745 | |||
Coefficient Of Variation | 583.43 | |||
Standard Deviation | 0.6487 | |||
Variance | 0.4208 | |||
Information Ratio | 0.1218 | |||
Jensen Alpha | 0.0975 | |||
Total Risk Alpha | 0.083 | |||
Sortino Ratio | 0.1171 | |||
Treynor Ratio | 0.6059 | |||
Maximum Drawdown | 3.55 | |||
Value At Risk | (0.76) | |||
Potential Upside | 1.23 | |||
Downside Variance | 0.4549 | |||
Semi Variance | 0.2063 | |||
Expected Short fall | (0.54) | |||
Skewness | (0.59) | |||
Kurtosis | 2.21 |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of MerlynAI Corp is measured differently than its book value, which is the value of MerlynAI that is recorded on the company's balance sheet. Investors also form their own opinion of MerlynAI Corp's value that differs from its market value or its book value, called intrinsic value, which is MerlynAI Corp'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 MerlynAI Corp's market value can be influenced by many factors that don't directly affect MerlynAI Corp'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 MerlynAI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MerlynAI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MerlynAI Corp'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.