Mackenzie Maximum Diversification Etf Technical Analysis
| MEE Etf | CAD 26.48 0.14 0.53% |
As of the 16th of May 2024, Mackenzie Maximum secures the Mean Deviation of 0.5072, risk adjusted performance of 0.0868, and Downside Deviation of 0.7727. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mackenzie Maximum, as well as the relationship between them. 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 and collect data for nineteen technical drivers for Mackenzie Maximum, which can be compared to its peers in the industry. Please verify Mackenzie Maximum coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Mackenzie Maximum Diversification is priced some-what accurately, providing market reflects its recent price of 26.48 per share.
Mackenzie Maximum Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mackenzie, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MackenzieMackenzie |
Mackenzie Maximum 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.
Mackenzie Maximum 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 Mackenzie Maximum volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mackenzie Maximum Trend Analysis
Use this graph to draw trend lines for Mackenzie Maximum Diversification. You can use it to identify possible trend reversals for Mackenzie Maximum 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 Mackenzie Maximum price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mackenzie Maximum Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mackenzie Maximum Diversification applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Mackenzie Maximum Diversification will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.4, which is the sum of squared deviations for the predicted Mackenzie Maximum price change compared to its average price change.About Mackenzie Maximum 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 Mackenzie Maximum Diversification 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 Mackenzie Maximum Diversification based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Mackenzie Maximum price pattern first instead of the macroeconomic environment surrounding Mackenzie Maximum. By analyzing Mackenzie Maximum'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 Mackenzie Maximum'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 Mackenzie Maximum specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mackenzie Maximum May 16, 2024 Technical Indicators
Most technical analysis of Mackenzie 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 Mackenzie from various momentum indicators to cycle indicators. When you analyze Mackenzie 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 | 0.0868 | |||
| Market Risk Adjusted Performance | (1.33) | |||
| Mean Deviation | 0.5072 | |||
| Semi Deviation | 0.5357 | |||
| Downside Deviation | 0.7727 | |||
| Coefficient Of Variation | 732.21 | |||
| Standard Deviation | 0.7154 | |||
| Variance | 0.5117 | |||
| Information Ratio | 0.0097 | |||
| Jensen Alpha | 0.093 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.009 | |||
| Treynor Ratio | (1.34) | |||
| Maximum Drawdown | 3.98 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 1.37 | |||
| Downside Variance | 0.597 | |||
| Semi Variance | 0.287 | |||
| Expected Short fall | (0.67) | |||
| Skewness | (0.31) | |||
| Kurtosis | 1.36 |
Mackenzie Maximum May 16, 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 Mackenzie 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 | 0.34 | ||
| Daily Balance Of Power | (4.67) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 26.50 | ||
| Day Typical Price | 26.49 | ||
| Price Action Indicator | (0.09) | ||
| Market Facilitation Index | 0.0001 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mackenzie Maximum Diversification. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Mackenzie Maximum information on this page should be used as a complementary analysis to other Mackenzie Maximum'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.