SP 500 (UK) Market Value
| VILX Etf | 1,557 35.23 2.21% |
| Symbol | VILX |
SP 500 '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 SP 500'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 SP 500.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in SP 500 on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding SP 500 VIX or generate 0.0% return on investment in SP 500 over 360 days. SP 500 is related to or competes with WisdomTree Natural, WisdomTree Natural, Leverage Shares, WisdomTree Silver, Leverage Shares, and WisdomTree Natural. SP 500 is entity of United Kingdom. It is traded as Etf on LSE exchange. More
SP 500 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 SP 500'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 SP 500 VIX upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 42.7 | |||
| Value At Risk | (10.85) | |||
| Potential Upside | 10.83 |
SP 500 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SP 500's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SP 500's standard deviation. In reality, there are many statistical measures that can use SP 500 historical prices to predict the future SP 500's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (1.90) | |||
| Treynor Ratio | 0.3454 |
SP 500 VIX Backtested Returns
SP 500 VIX retains Efficiency (Sharpe Ratio) of -0.0596, which indicates the etf had a -0.0596% return per unit of price deviation over the last 3 months. SP 500 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SP 500's Risk Adjusted Performance of (0.07), mean deviation of 4.91, and Standard Deviation of 6.97 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -2.29, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning SP 500 are expected to decrease by larger amounts. On the other hand, during market turmoil, SP 500 is expected to outperform it.
Auto-correlation | -0.15 |
Insignificant reverse predictability
SP 500 VIX has insignificant reverse predictability. Overlapping area represents the amount of predictability between SP 500 time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 SP 500 VIX price movement. The serial correlation of -0.15 indicates that less than 15.0% of current SP 500 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 2.7 M |
SP 500 VIX lagged returns against current returns
Autocorrelation, which is SP 500 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 SP 500's etf expected returns. We can calculate the autocorrelation of SP 500 returns to help us make a trade decision. For example, suppose you find that SP 500 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 |
SP 500 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 SP 500 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SP 500 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SP 500 etf over time.
Current vs Lagged Prices |
| Timeline |
SP 500 Lagged Returns
When evaluating SP 500's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SP 500 etf have on its future price. SP 500 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, SP 500 autocorrelation shows the relationship between SP 500 etf current value and its past values and can show if there is a momentum factor associated with investing in SP 500 VIX.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in VILX Etf
SP 500 financial ratios help investors to determine whether VILX Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VILX with respect to the benefits of owning SP 500 security.