Nuveen Dow 30sm Etf Technical Analysis
| DIAX Etf | USD 13.71 0.01 0.07% |
As of the 19th of April, Nuveen Dow secures the Standard Deviation of 0.6838, risk adjusted performance of (0.03), and Mean Deviation of 0.5375. Nuveen Dow 30Sm technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the etf's future prices. Strictly speaking, you can use this information to find out if the etf will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Nuveen Dow, which can be compared to its peers in the industry. Please verify Nuveen Dow 30Sm risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Nuveen Dow 30Sm is priced some-what accurately, providing market reflects its recent price of 13.71 per share.
Nuveen Dow Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nuveen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NuveenNuveen |
Nuveen Dow 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.
Nuveen Dow 30Sm 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 Nuveen Dow 30Sm volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nuveen Dow 30Sm Trend Analysis
Use this graph to draw trend lines for Nuveen Dow 30Sm. You can use it to identify possible trend reversals for Nuveen Dow 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 Nuveen Dow price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nuveen Dow Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nuveen Dow 30Sm applied against its price change over selected period. The best fit line has a slop of 0.0032 , which may suggest that Nuveen Dow 30Sm market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.39, which is the sum of squared deviations for the predicted Nuveen Dow price change compared to its average price change.About Nuveen Dow 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 Nuveen Dow 30Sm 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 Nuveen Dow 30Sm based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Nuveen Dow 30Sm price pattern first instead of the macroeconomic environment surrounding Nuveen Dow 30Sm. By analyzing Nuveen Dow'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 Nuveen Dow'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 Nuveen Dow specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nuveen Dow April 19, 2024 Technical Indicators
Most technical analysis of Nuveen 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 Nuveen from various momentum indicators to cycle indicators. When you analyze Nuveen 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 0.5375 | |||
| Coefficient Of Variation | (1,906) | |||
| Standard Deviation | 0.6838 | |||
| Variance | 0.4675 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 3.53 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.22 | |||
| Skewness | (0.26) | |||
| Kurtosis | 0.6294 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Nuveen Dow 30Sm. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Nuveen Dow 30Sm information on this page should be used as a complementary analysis to other Nuveen Dow's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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 Nuveen Dow 30Sm is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Dow's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Dow'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 Nuveen Dow's market value can be influenced by many factors that don't directly affect Nuveen Dow'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 Nuveen Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Dow'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.