The 2023 Etf Technical Analysis
| QLTY Etf | 39.66 0.29 0.74% |
As of the 27th of January, 2023 ETF shows the risk adjusted performance of 0.0909, and Semi Deviation of 0.6266. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of 2023 ETF, as well as the relationship between them.
2023 ETF Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 2023, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 20232023 ETF's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.The market value of 2023 ETF is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 ETF'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 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 ETF'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 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 ETF'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.
2023 ETF 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to 2023 ETF's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of 2023 ETF.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in 2023 ETF on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding The 2023 ETF or generate 0.0% return on investment in 2023 ETF over 90 days. 2023 ETF is related to or competes with SPDR Kensho, ARK Next, IShares Core, Pacer Large, Fidelity MSCI, Invesco FTSE, and Fidelity Enhanced. Quality Distribution, Inc., through with its subsidiaries, transports bulk chemicals in North America. More
2023 ETF Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure 2023 ETF's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The 2023 ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7614 | |||
| Information Ratio | 0.0172 | |||
| Maximum Drawdown | 3.43 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.44 |
2023 ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 2023 ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 2023 ETF's standard deviation. In reality, there are many statistical measures that can use 2023 ETF historical prices to predict the future 2023 ETF's volatility.| Risk Adjusted Performance | 0.0909 | |||
| Jensen Alpha | 0.0764 | |||
| Total Risk Alpha | 0.0103 | |||
| Sortino Ratio | 0.0173 | |||
| Treynor Ratio | 0.7689 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 2023 ETF's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
2023 ETF January 27, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0909 | |||
| Market Risk Adjusted Performance | 0.7789 | |||
| Mean Deviation | 0.6051 | |||
| Semi Deviation | 0.6266 | |||
| Downside Deviation | 0.7614 | |||
| Coefficient Of Variation | 811.14 | |||
| Standard Deviation | 0.7634 | |||
| Variance | 0.5828 | |||
| Information Ratio | 0.0172 | |||
| Jensen Alpha | 0.0764 | |||
| Total Risk Alpha | 0.0103 | |||
| Sortino Ratio | 0.0173 | |||
| Treynor Ratio | 0.7689 | |||
| Maximum Drawdown | 3.43 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.44 | |||
| Downside Variance | 0.5798 | |||
| Semi Variance | 0.3926 | |||
| Expected Short fall | (0.63) | |||
| Skewness | 0.0085 | |||
| Kurtosis | (0.23) |
2023 ETF Backtested Returns
At this stage we consider 2023 Etf to be very steady. 2023 ETF secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the etf had a 0.11 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for The 2023 ETF, which you can use to evaluate the volatility of the entity. Please confirm 2023 ETF's semi deviation of 0.6266, and Risk Adjusted Performance of 0.0909 to double-check if the risk estimate we provide is consistent with the expected return of 0.0839%. The etf shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 2023 ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding 2023 ETF is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
The 2023 ETF has poor predictability. Overlapping area represents the amount of predictability between 2023 ETF time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 2023 ETF price movement. The serial correlation of 0.25 indicates that over 25.0% of current 2023 ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
2023 ETF 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.
2023 ETF Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 2023 ETF volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About 2023 ETF 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 The 2023 ETF 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 The 2023 ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on 2023 ETF price pattern first instead of the macroeconomic environment surrounding 2023 ETF. By analyzing 2023 ETF'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 2023 ETF'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 2023 ETF specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 ETF January 27, 2026 Technical Indicators
Most technical analysis of 2023 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 2023 from various momentum indicators to cycle indicators. When you analyze 2023 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 | 0.0909 | |||
| Market Risk Adjusted Performance | 0.7789 | |||
| Mean Deviation | 0.6051 | |||
| Semi Deviation | 0.6266 | |||
| Downside Deviation | 0.7614 | |||
| Coefficient Of Variation | 811.14 | |||
| Standard Deviation | 0.7634 | |||
| Variance | 0.5828 | |||
| Information Ratio | 0.0172 | |||
| Jensen Alpha | 0.0764 | |||
| Total Risk Alpha | 0.0103 | |||
| Sortino Ratio | 0.0173 | |||
| Treynor Ratio | 0.7689 | |||
| Maximum Drawdown | 3.43 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.44 | |||
| Downside Variance | 0.5798 | |||
| Semi Variance | 0.3926 | |||
| Expected Short fall | (0.63) | |||
| Skewness | 0.0085 | |||
| Kurtosis | (0.23) |
2023 ETF January 27, 2026 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 2023 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 | 4,666 | ||
| Daily Balance Of Power | 1.81 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 39.67 | ||
| Day Typical Price | 39.67 | ||
| Price Action Indicator | 0.13 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The 2023 ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of 2023 ETF is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 ETF'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 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 ETF'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 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 ETF'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.