Imgp Dbi Managed Etf Market Value
| DBMF Etf | USD 27.05 0.17 0.62% |
| Symbol | IMGP |
The market value of iMGP DBi Managed is measured differently than its book value, which is the value of IMGP that is recorded on the company's balance sheet. Investors also form their own opinion of IMGP DBi's value that differs from its market value or its book value, called intrinsic value, which is IMGP DBi'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 IMGP DBi's market value can be influenced by many factors that don't directly affect IMGP DBi'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 IMGP DBi's value and its price as these two are different measures arrived at by different means. Investors typically determine if IMGP DBi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMGP DBi'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.
IMGP DBi '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 IMGP DBi'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 IMGP DBi.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in IMGP DBi on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding iMGP DBi Managed or generate 0.0% return on investment in IMGP DBi over 30 days. IMGP DBi is related to or competes with KFA Mount, Simplify Exchange, Simplify Interest, and First Trust. The fund seeks to achieve its objective by investing its assets pursuant to a managed futures strategy allocating up to ... More
IMGP DBi 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 IMGP DBi'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 iMGP DBi Managed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 2.11 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.5095 |
IMGP DBi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IMGP DBi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IMGP DBi's standard deviation. In reality, there are many statistical measures that can use IMGP DBi historical prices to predict the future IMGP DBi's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.13) |
iMGP DBi Managed Backtested Returns
iMGP DBi Managed holds Efficiency (Sharpe) Ratio of -0.092, which attests that the entity had a -0.092% return per unit of risk over the last 3 months. iMGP DBi Managed exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IMGP DBi's standard deviation of 0.45, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IMGP DBi's returns are expected to increase less than the market. However, during the bear market, the loss of holding IMGP DBi is expected to be smaller as well.
Auto-correlation | 0.63 |
Good predictability
iMGP DBi Managed has good predictability. Overlapping area represents the amount of predictability between IMGP DBi time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 iMGP DBi Managed price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current IMGP DBi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
iMGP DBi Managed lagged returns against current returns
Autocorrelation, which is IMGP DBi 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 IMGP DBi's etf expected returns. We can calculate the autocorrelation of IMGP DBi returns to help us make a trade decision. For example, suppose you find that IMGP DBi 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 |
IMGP DBi 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 IMGP DBi etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IMGP DBi etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IMGP DBi etf over time.
Current vs Lagged Prices |
| Timeline |
IMGP DBi Lagged Returns
When evaluating IMGP DBi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IMGP DBi etf have on its future price. IMGP DBi 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, IMGP DBi autocorrelation shows the relationship between IMGP DBi etf current value and its past values and can show if there is a momentum factor associated with investing in iMGP DBi Managed.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether iMGP DBi Managed is a strong investment it is important to analyze IMGP DBi's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IMGP DBi's future performance. For an informed investment choice regarding IMGP Etf, refer to the following important reports:Check out IMGP DBi Correlation, IMGP DBi Volatility and IMGP DBi Alpha and Beta module to complement your research on IMGP DBi. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
IMGP DBi 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.