Aam Sp Developed Etf Technical Analysis
| DMDV Etf | USD 21.93 0.13 0.59% |
As of the 15th of April 2024, AAM SP shows the Variance of 0.3819, standard deviation of 0.618, and Mean Deviation of 0.4676. AAM SP Developed technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down thirteen technical drivers for AAM SP Developed, which can be compared to its peers. Please confirm AAM SP Developed standard deviation and value at risk to decide if AAM SP Developed is priced adequately, providing market reflects its regular price of 21.93 per share.
AAM SP Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AAM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AAMAAM |
AAM SP 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.
AAM SP Developed 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 AAM SP Developed volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AAM SP Developed Trend Analysis
Use this graph to draw trend lines for AAM SP Developed. You can use it to identify possible trend reversals for AAM SP 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 AAM SP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AAM SP Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AAM SP Developed applied against its price change over selected period. The best fit line has a slop of 0.01 , which means AAM SP Developed will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.13, which is the sum of squared deviations for the predicted AAM SP price change compared to its average price change.About AAM SP 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 AAM SP Developed 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 AAM SP Developed based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on AAM SP Developed price pattern first instead of the macroeconomic environment surrounding AAM SP Developed. By analyzing AAM SP'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 AAM SP'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 AAM SP specific price patterns or momentum indicators. Please read more on our technical analysis page.
AAM SP April 15, 2024 Technical Indicators
Most technical analysis of AAM 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 AAM from various momentum indicators to cycle indicators. When you analyze AAM 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.03) | |||
| Mean Deviation | 0.4676 | |||
| Coefficient Of Variation | (3,100) | |||
| Standard Deviation | 0.618 | |||
| Variance | 0.3819 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.04) | |||
| Maximum Drawdown | 2.89 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 0.8486 | |||
| Skewness | (0.47) | |||
| Kurtosis | 0.1625 |
AAM SP April 15, 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 AAM 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 | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 21.93 | ||
| Day Typical Price | 21.93 | ||
| Price Action Indicator | (0.06) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AAM SP Developed. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the AAM SP Developed information on this page should be used as a complementary analysis to other AAM SP'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of AAM SP Developed is measured differently than its book value, which is the value of AAM that is recorded on the company's balance sheet. Investors also form their own opinion of AAM SP's value that differs from its market value or its book value, called intrinsic value, which is AAM SP'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 AAM SP's market value can be influenced by many factors that don't directly affect AAM SP'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 AAM SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAM SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAM SP'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.