Tremblant Global Etf Market Value
| TOGA Etf | 31.46 0.10 0.32% |
| Symbol | Tremblant |
The market value of Tremblant Global ETF is measured differently than its book value, which is the value of Tremblant that is recorded on the company's balance sheet. Investors also form their own opinion of Tremblant Global's value that differs from its market value or its book value, called intrinsic value, which is Tremblant Global'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 Tremblant Global's market value can be influenced by many factors that don't directly affect Tremblant Global'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 Tremblant Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tremblant Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tremblant Global'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.
Tremblant Global '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 Tremblant Global'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 Tremblant Global.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Tremblant Global on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Tremblant Global ETF or generate 0.0% return on investment in Tremblant Global over 90 days. Tremblant Global is related to or competes with Mackenzie Canadian, Mackenzie Large, BMO MSCI, BMO Long, and BMO Short. Tremblant Global is entity of United States More
Tremblant Global 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 Tremblant Global'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 Tremblant Global ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8242 | |||
| Information Ratio | 0.1618 | |||
| Maximum Drawdown | 4.04 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.29 |
Tremblant Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tremblant Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tremblant Global's standard deviation. In reality, there are many statistical measures that can use Tremblant Global historical prices to predict the future Tremblant Global's volatility.| Risk Adjusted Performance | 0.2525 | |||
| Jensen Alpha | 0.1482 | |||
| Total Risk Alpha | 0.1238 | |||
| Sortino Ratio | 0.1521 | |||
| Treynor Ratio | 0.3032 |
Tremblant Global ETF Backtested Returns
Tremblant Global appears to be very steady, given 3 months investment horizon. Tremblant Global ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.34, which indicates the etf had a 0.34% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tremblant Global ETF, which you can use to evaluate the volatility of the etf. Please review Tremblant Global's Semi Deviation of 0.3473, coefficient of variation of 302.88, and Risk Adjusted Performance of 0.2525 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.81, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tremblant Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tremblant Global is expected to be smaller as well.
Auto-correlation | 0.76 |
Good predictability
Tremblant Global ETF has good predictability. Overlapping area represents the amount of predictability between Tremblant Global time series from 30th of August 2024 to 14th of October 2024 and 14th of October 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 Tremblant Global ETF price movement. The serial correlation of 0.76 indicates that around 76.0% of current Tremblant Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.89 |
Tremblant Global ETF lagged returns against current returns
Autocorrelation, which is Tremblant Global 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 Tremblant Global's etf expected returns. We can calculate the autocorrelation of Tremblant Global returns to help us make a trade decision. For example, suppose you find that Tremblant Global 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 |
Tremblant Global 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 Tremblant Global etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tremblant Global etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tremblant Global etf over time.
Current vs Lagged Prices |
| Timeline |
Tremblant Global Lagged Returns
When evaluating Tremblant Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tremblant Global etf have on its future price. Tremblant Global 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, Tremblant Global autocorrelation shows the relationship between Tremblant Global etf current value and its past values and can show if there is a momentum factor associated with investing in Tremblant Global ETF.
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 Tremblant Global ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tremblant Global'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 Tremblant Global Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Tremblant Global Etf:Check out Tremblant Global Correlation, Tremblant Global Volatility and Tremblant Global Alpha and Beta module to complement your research on Tremblant Global. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Tremblant Global 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.