Trueshares Structured Outcome Etf Market Value
| DECZ Etf | USD 38.62 0.21 0.55% |
| Symbol | TrueShares |
The market value of TrueShares Structured is measured differently than its book value, which is the value of TrueShares that is recorded on the company's balance sheet. Investors also form their own opinion of TrueShares Structured's value that differs from its market value or its book value, called intrinsic value, which is TrueShares Structured'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 TrueShares Structured's market value can be influenced by many factors that don't directly affect TrueShares Structured'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 TrueShares Structured's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueShares Structured is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueShares Structured'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.
TrueShares Structured '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 TrueShares Structured'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 TrueShares Structured.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in TrueShares Structured on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding TrueShares Structured Outcome or generate 0.0% return on investment in TrueShares Structured over 30 days. TrueShares Structured is related to or competes with Innovator ETFs, First Trust, Innovator, and Innovator Equity. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing substantially all of its... More
TrueShares Structured 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 TrueShares Structured'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 TrueShares Structured Outcome upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6834 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.17 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 0.9761 |
TrueShares Structured Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TrueShares Structured's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TrueShares Structured's standard deviation. In reality, there are many statistical measures that can use TrueShares Structured historical prices to predict the future TrueShares Structured's volatility.| Risk Adjusted Performance | 0.1163 | |||
| Jensen Alpha | (0.0004) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.127 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TrueShares Structured'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.
TrueShares Structured Backtested Returns
At this stage we consider TrueShares Etf to be very steady. TrueShares Structured owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the etf had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for TrueShares Structured Outcome, which you can use to evaluate the volatility of the etf. Please validate TrueShares Structured's Semi Deviation of 0.4999, coefficient of variation of 645.76, and Risk Adjusted Performance of 0.1163 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. The entity has a beta of 0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TrueShares Structured's returns are expected to increase less than the market. However, during the bear market, the loss of holding TrueShares Structured is expected to be smaller as well.
Auto-correlation | 0.89 |
Very good predictability
TrueShares Structured Outcome has very good predictability. Overlapping area represents the amount of predictability between TrueShares Structured time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 TrueShares Structured price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current TrueShares Structured price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
TrueShares Structured lagged returns against current returns
Autocorrelation, which is TrueShares Structured 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 TrueShares Structured's etf expected returns. We can calculate the autocorrelation of TrueShares Structured returns to help us make a trade decision. For example, suppose you find that TrueShares Structured 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 |
TrueShares Structured 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 TrueShares Structured etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TrueShares Structured etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TrueShares Structured etf over time.
Current vs Lagged Prices |
| Timeline |
TrueShares Structured Lagged Returns
When evaluating TrueShares Structured's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TrueShares Structured etf have on its future price. TrueShares Structured 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, TrueShares Structured autocorrelation shows the relationship between TrueShares Structured etf current value and its past values and can show if there is a momentum factor associated with investing in TrueShares Structured Outcome.
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 TrueShares Structured offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TrueShares Structured'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 Trueshares Structured Outcome Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Trueshares Structured Outcome Etf:Check out TrueShares Structured Correlation, TrueShares Structured Volatility and TrueShares Structured Alpha and Beta module to complement your research on TrueShares Structured. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
TrueShares Structured 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.