Swan Hedged Equity Etf Market Value
| HEGD Etf | USD 22.92 0.08 0.35% |
| Symbol | Swan |
The market value of Swan Hedged Equity is measured differently than its book value, which is the value of Swan that is recorded on the company's balance sheet. Investors also form their own opinion of Swan Hedged's value that differs from its market value or its book value, called intrinsic value, which is Swan Hedged'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 Swan Hedged's market value can be influenced by many factors that don't directly affect Swan Hedged'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 Swan Hedged's value and its price as these two are different measures arrived at by different means. Investors typically determine if Swan Hedged is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Swan Hedged'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.
Swan Hedged '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 Swan Hedged'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 Swan Hedged.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Swan Hedged on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Swan Hedged Equity or generate 0.0% return on investment in Swan Hedged over 540 days. Swan Hedged is related to or competes with Amplify BlackSwan, Invesco SP, Simplify Exchange, Simplify Equity, and ETF Series. The fund is an actively-managed ETF that pursues its investment objective by investing at least 80 percent of its net as... More
Swan Hedged 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 Swan Hedged'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 Swan Hedged Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.611 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 2.86 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 0.8467 |
Swan Hedged Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Swan Hedged's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Swan Hedged's standard deviation. In reality, there are many statistical measures that can use Swan Hedged historical prices to predict the future Swan Hedged's volatility.| Risk Adjusted Performance | 0.1275 | |||
| Jensen Alpha | 0.0746 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 1.57 |
Swan Hedged Equity Backtested Returns
At this point, Swan Hedged is very steady. Swan Hedged Equity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the etf had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Swan Hedged Equity, which you can use to evaluate the volatility of the etf. Please validate Swan Hedged's Semi Deviation of 0.3655, coefficient of variation of 579.1, and Risk Adjusted Performance of 0.1275 to confirm if the risk estimate we provide is consistent with the expected return of 0.0912%. The entity has a beta of 0.0516, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Swan Hedged's returns are expected to increase less than the market. However, during the bear market, the loss of holding Swan Hedged is expected to be smaller as well.
Auto-correlation | 0.71 |
Good predictability
Swan Hedged Equity has good predictability. Overlapping area represents the amount of predictability between Swan Hedged time series from 10th of June 2023 to 6th of March 2024 and 6th of March 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 Swan Hedged Equity price movement. The serial correlation of 0.71 indicates that around 71.0% of current Swan Hedged price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Swan Hedged Equity lagged returns against current returns
Autocorrelation, which is Swan Hedged 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 Swan Hedged's etf expected returns. We can calculate the autocorrelation of Swan Hedged returns to help us make a trade decision. For example, suppose you find that Swan Hedged 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 |
Swan Hedged 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 Swan Hedged etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Swan Hedged etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Swan Hedged etf over time.
Current vs Lagged Prices |
| Timeline |
Swan Hedged Lagged Returns
When evaluating Swan Hedged's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Swan Hedged etf have on its future price. Swan Hedged 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, Swan Hedged autocorrelation shows the relationship between Swan Hedged etf current value and its past values and can show if there is a momentum factor associated with investing in Swan Hedged Equity.
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 Swan Hedged Equity is a strong investment it is important to analyze Swan Hedged'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 Swan Hedged's future performance. For an informed investment choice regarding Swan Etf, refer to the following important reports:Check out Swan Hedged Correlation, Swan Hedged Volatility and Swan Hedged Alpha and Beta module to complement your research on Swan Hedged. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Swan Hedged 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.