Simplify Macro Strategy Etf Technical Analysis
| FIG Etf | USD 20.40 1.79 8.07% |
As of the 4th of May, Simplify Macro has the Risk Adjusted Performance of (0.09), coefficient of variation of (680.13), and Variance of 1.22. Simplify Macro technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the etf's future prices. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to collect and analyze data for thirteen technical drivers for Simplify Macro Strategy, which can be compared to its competition. Please validate Simplify Macro Strategy variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Simplify Macro is priced more or less accurately, providing market reflects its prevalent price of 20.4 per share.
Simplify Macro Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Simplify, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SimplifySimplify |
Simplify Macro 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.
Simplify Macro Strategy Technical Analysis
The output start index for this execution was fifty-two with a total number of output elements of nine. 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 Simplify Macro Strategy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Simplify Macro Strategy Trend Analysis
Use this graph to draw trend lines for Simplify Macro Strategy. You can use it to identify possible trend reversals for Simplify Macro 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 Simplify Macro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Simplify Macro Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Simplify Macro Strategy applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that the returns on investment in Simplify Macro Strategy will continue to fail. It has 122 observation points and a regression sum of squares at 4.51, which is the sum of squared deviations for the predicted Simplify Macro price change compared to its average price change.About Simplify Macro 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 Simplify Macro Strategy 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 Simplify Macro Strategy based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Simplify Macro Strategy price pattern first instead of the macroeconomic environment surrounding Simplify Macro Strategy. By analyzing Simplify Macro'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 Simplify Macro'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 Simplify Macro specific price patterns or momentum indicators. Please read more on our technical analysis page.
Simplify Macro May 4, 2024 Technical Indicators
Most technical analysis of Simplify 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 Simplify from various momentum indicators to cycle indicators. When you analyze Simplify 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 | (0.09) | |||
| Market Risk Adjusted Performance | 1.16 | |||
| Mean Deviation | 0.4861 | |||
| Coefficient Of Variation | (680.13) | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.22 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 1.15 | |||
| Maximum Drawdown | 9.26 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 0.5714 | |||
| Skewness | (5.87) | |||
| Kurtosis | 41.15 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Simplify Macro Strategy. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Simplify Macro Strategy is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Macro's value that differs from its market value or its book value, called intrinsic value, which is Simplify Macro'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 Simplify Macro's market value can be influenced by many factors that don't directly affect Simplify Macro'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 Simplify Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Macro'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.