IncomeShares Coinbase's market value is the price at which a share of IncomeShares Coinbase trades on a public exchange. It measures the collective expectations of IncomeShares Coinbase Options investors about its performance. IncomeShares Coinbase is trading at 8.99 as of the 27th of December 2024, a 3.33% down since the beginning of the trading day. The etf's lowest day price was 8.99. With this module, you can estimate the performance of a buy and hold strategy of IncomeShares Coinbase Options and determine expected loss or profit from investing in IncomeShares Coinbase over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
IncomeShares
IncomeShares Coinbase '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 IncomeShares Coinbase'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 IncomeShares Coinbase.
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01/07/2023
No Change 0.00
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In 1 year 11 months and 22 days
12/27/2024
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If you would invest 0.00 in IncomeShares Coinbase on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding IncomeShares Coinbase Options or generate 0.0% return on investment in IncomeShares Coinbase over 720 days.
IncomeShares Coinbase 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 IncomeShares Coinbase'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 IncomeShares Coinbase Options upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for IncomeShares Coinbase's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IncomeShares Coinbase's standard deviation. In reality, there are many statistical measures that can use IncomeShares Coinbase historical prices to predict the future IncomeShares Coinbase's volatility.
IncomeShares Coinbase holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of risk over the last 3 months. IncomeShares Coinbase exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IncomeShares Coinbase's Market Risk Adjusted Performance of 4.25, standard deviation of 2.67, and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IncomeShares Coinbase are expected to decrease at a much lower rate. During the bear market, IncomeShares Coinbase is likely to outperform the market.
Auto-correlation
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No correlation between past and present
IncomeShares Coinbase Options has no correlation between past and present. Overlapping area represents the amount of predictability between IncomeShares Coinbase time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 IncomeShares Coinbase price movement. The serial correlation of 0.0 indicates that just 0.0% of current IncomeShares Coinbase price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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IncomeShares Coinbase lagged returns against current returns
Autocorrelation, which is IncomeShares Coinbase 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 IncomeShares Coinbase's etf expected returns. We can calculate the autocorrelation of IncomeShares Coinbase returns to help us make a trade decision. For example, suppose you find that IncomeShares Coinbase 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
IncomeShares Coinbase 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 IncomeShares Coinbase etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IncomeShares Coinbase etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IncomeShares Coinbase etf over time.
Current vs Lagged Prices
Timeline
IncomeShares Coinbase Lagged Returns
When evaluating IncomeShares Coinbase's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IncomeShares Coinbase etf have on its future price. IncomeShares Coinbase 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, IncomeShares Coinbase autocorrelation shows the relationship between IncomeShares Coinbase etf current value and its past values and can show if there is a momentum factor associated with investing in IncomeShares Coinbase Options.
Regressed Prices
Timeline
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