Exchange Listed Funds Etf Market Value
| BCUS Etf | 32.46 0.07 0.22% |
| Symbol | Exchange |
The market value of Exchange Listed Funds is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Listed's value that differs from its market value or its book value, called intrinsic value, which is Exchange Listed'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 Exchange Listed's market value can be influenced by many factors that don't directly affect Exchange Listed'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 Exchange Listed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Listed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Listed'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.
Exchange Listed '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 Exchange Listed'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 Exchange Listed.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Exchange Listed on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Exchange Listed Funds or generate 0.0% return on investment in Exchange Listed over 180 days. Exchange Listed is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Dividend, Vanguard Large, Invesco SP, and IShares Russell. Exchange Listed is entity of United States More
Exchange Listed 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 Exchange Listed'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 Exchange Listed Funds upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 5.78 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.36 |
Exchange Listed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Exchange Listed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Exchange Listed's standard deviation. In reality, there are many statistical measures that can use Exchange Listed historical prices to predict the future Exchange Listed's volatility.| Risk Adjusted Performance | 0.0942 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1022 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Exchange Listed'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.
Exchange Listed Funds Backtested Returns
Currently, Exchange Listed Funds is very steady. Exchange Listed Funds secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the etf had a 0.2% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Exchange Listed Funds, which you can use to evaluate the volatility of the entity. Please confirm Exchange Listed's Downside Deviation of 1.26, mean deviation of 0.7751, and Semi Deviation of 1.07 to check if the risk estimate we provide is consistent with the expected return of 0.19%. The etf shows a Beta (market volatility) of 1.21, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Exchange Listed will likely underperform.
Auto-correlation | 0.71 |
Good predictability
Exchange Listed Funds has good predictability. Overlapping area represents the amount of predictability between Exchange Listed time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Exchange Listed Funds price movement. The serial correlation of 0.71 indicates that around 71.0% of current Exchange Listed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
Exchange Listed Funds lagged returns against current returns
Autocorrelation, which is Exchange Listed etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Exchange Listed's etf expected returns. We can calculate the autocorrelation of Exchange Listed returns to help us make a trade decision. For example, suppose you find that Exchange Listed has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Exchange Listed regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Exchange Listed etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Exchange Listed etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Exchange Listed etf over time.
Current vs Lagged Prices |
| Timeline |
Exchange Listed Lagged Returns
When evaluating Exchange Listed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Exchange Listed etf have on its future price. Exchange Listed autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Exchange Listed autocorrelation shows the relationship between Exchange Listed etf current value and its past values and can show if there is a momentum factor associated with investing in Exchange Listed Funds.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Exchange Listed Correlation, Exchange Listed Volatility and Exchange Listed Alpha and Beta module to complement your research on Exchange Listed. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Exchange Listed 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.