Crossingbridge Pre Merger Spac Etf Market Value
| SPC Etf | USD 21.67 0.02 0.09% |
| Symbol | CrossingBridge |
The market value of CrossingBridge Pre is measured differently than its book value, which is the value of CrossingBridge that is recorded on the company's balance sheet. Investors also form their own opinion of CrossingBridge Pre's value that differs from its market value or its book value, called intrinsic value, which is CrossingBridge Pre'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 CrossingBridge Pre's market value can be influenced by many factors that don't directly affect CrossingBridge Pre'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 CrossingBridge Pre's value and its price as these two are different measures arrived at by different means. Investors typically determine if CrossingBridge Pre is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CrossingBridge Pre'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.
CrossingBridge Pre '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 CrossingBridge Pre'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 CrossingBridge Pre.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in CrossingBridge Pre on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding CrossingBridge Pre Merger SPAC or generate 0.0% return on investment in CrossingBridge Pre over 30 days. CrossingBridge Pre is related to or competes with Universe Pharmaceuticals, CNA Financial, Ucloudlink, UST Inc, and Prenetics Global. The fund is an actively managed exchange-traded fund that under normal market conditions will invest at least 80 percent... More
CrossingBridge Pre 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 CrossingBridge Pre'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 CrossingBridge Pre Merger SPAC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1296 | |||
| Information Ratio | (0.97) | |||
| Maximum Drawdown | 0.4644 | |||
| Value At Risk | (0.18) | |||
| Potential Upside | 0.1856 |
CrossingBridge Pre Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CrossingBridge Pre's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CrossingBridge Pre's standard deviation. In reality, there are many statistical measures that can use CrossingBridge Pre historical prices to predict the future CrossingBridge Pre's volatility.| Risk Adjusted Performance | 0.0627 | |||
| Jensen Alpha | 0.0071 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.83) | |||
| Treynor Ratio | 1.5 |
CrossingBridge Pre Backtested Returns
At this point, CrossingBridge Pre is very steady. CrossingBridge Pre 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-eight technical indicators for CrossingBridge Pre Merger SPAC, which you can use to evaluate the volatility of the entity. Please confirm CrossingBridge Pre's Mean Deviation of 0.0897, coefficient of variation of 629.44, and Risk Adjusted Performance of 0.0627 to double-check if the risk estimate we provide is consistent with the expected return of 0.0163%. The etf shows a Beta (market volatility) of 0.0051, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CrossingBridge Pre's returns are expected to increase less than the market. However, during the bear market, the loss of holding CrossingBridge Pre is expected to be smaller as well.
Auto-correlation | 0.14 |
Insignificant predictability
CrossingBridge Pre Merger SPAC has insignificant predictability. Overlapping area represents the amount of predictability between CrossingBridge Pre 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 CrossingBridge Pre price movement. The serial correlation of 0.14 indicates that less than 14.0% of current CrossingBridge Pre price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CrossingBridge Pre lagged returns against current returns
Autocorrelation, which is CrossingBridge Pre 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 CrossingBridge Pre's etf expected returns. We can calculate the autocorrelation of CrossingBridge Pre returns to help us make a trade decision. For example, suppose you find that CrossingBridge Pre 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 |
CrossingBridge Pre 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 CrossingBridge Pre etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CrossingBridge Pre etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CrossingBridge Pre etf over time.
Current vs Lagged Prices |
| Timeline |
CrossingBridge Pre Lagged Returns
When evaluating CrossingBridge Pre's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CrossingBridge Pre etf have on its future price. CrossingBridge Pre 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, CrossingBridge Pre autocorrelation shows the relationship between CrossingBridge Pre etf current value and its past values and can show if there is a momentum factor associated with investing in CrossingBridge Pre Merger SPAC.
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 CrossingBridge Pre offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CrossingBridge Pre'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 Crossingbridge Pre Merger Spac Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Crossingbridge Pre Merger Spac Etf:Check out CrossingBridge Pre Correlation, CrossingBridge Pre Volatility and CrossingBridge Pre Alpha and Beta module to complement your research on CrossingBridge Pre. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
CrossingBridge Pre 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.