Carbon Collective Short Etf Market Value
| CCSB Etf | USD 20.39 0.04 0.20% |
| Symbol | Carbon |
The market value of Carbon Collective Short is measured differently than its book value, which is the value of Carbon that is recorded on the company's balance sheet. Investors also form their own opinion of Carbon Collective's value that differs from its market value or its book value, called intrinsic value, which is Carbon Collective'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 Carbon Collective's market value can be influenced by many factors that don't directly affect Carbon Collective'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 Carbon Collective's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carbon Collective is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carbon Collective'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.
Carbon Collective '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 Carbon Collective'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 Carbon Collective.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Carbon Collective on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Carbon Collective Short or generate 0.0% return on investment in Carbon Collective over 30 days. Carbon Collective is related to or competes with IShares 1, SPDR Barclays, IShares Core, IShares 0, IShares Intermediate, PIMCO Enhanced, and IShares ESG. As of December 23, 2021, Community Savings Bancorp, Inc More
Carbon Collective 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 Carbon Collective'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 Carbon Collective Short upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.128 | |||
| Information Ratio | (0.94) | |||
| Maximum Drawdown | 0.593 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.1981 |
Carbon Collective Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carbon Collective's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carbon Collective's standard deviation. In reality, there are many statistical measures that can use Carbon Collective historical prices to predict the future Carbon Collective's volatility.| Risk Adjusted Performance | 0.0682 | |||
| Jensen Alpha | 0.0104 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.92) | |||
| Treynor Ratio | (1.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carbon Collective'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.
Carbon Collective Short Backtested Returns
At this point, Carbon Collective is very steady. Carbon Collective Short secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the etf had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Carbon Collective Short, which you can use to evaluate the volatility of the entity. Please confirm Carbon Collective's Mean Deviation of 0.099, coefficient of variation of 640.49, and Risk Adjusted Performance of 0.0682 to double-check if the risk estimate we provide is consistent with the expected return of 0.017%. The etf shows a Beta (market volatility) of -0.0072, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Carbon Collective are expected to decrease at a much lower rate. During the bear market, Carbon Collective is likely to outperform the market.
Auto-correlation | -0.22 |
Weak reverse predictability
Carbon Collective Short has weak reverse predictability. Overlapping area represents the amount of predictability between Carbon Collective time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 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 Carbon Collective Short price movement. The serial correlation of -0.22 indicates that over 22.0% of current Carbon Collective price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Carbon Collective Short lagged returns against current returns
Autocorrelation, which is Carbon Collective 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 Carbon Collective's etf expected returns. We can calculate the autocorrelation of Carbon Collective returns to help us make a trade decision. For example, suppose you find that Carbon Collective 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 |
Carbon Collective 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 Carbon Collective etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carbon Collective etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carbon Collective etf over time.
Current vs Lagged Prices |
| Timeline |
Carbon Collective Lagged Returns
When evaluating Carbon Collective's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carbon Collective etf have on its future price. Carbon Collective 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, Carbon Collective autocorrelation shows the relationship between Carbon Collective etf current value and its past values and can show if there is a momentum factor associated with investing in Carbon Collective Short.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Carbon Collective Short offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Carbon Collective's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Carbon Collective Short Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Carbon Collective Short Etf:Check out Carbon Collective Correlation, Carbon Collective Volatility and Carbon Collective Alpha and Beta module to complement your research on Carbon Collective. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Carbon Collective 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.