Build Funds Trust Etf Market Value

BFIX Etf  USD 22.84  0.02  0.09%   
Build Funds' market value is the price at which a share of Build Funds stock trades on a public exchange. It measures the collective expectations of Build Funds Trust investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Build Funds Trust and determine expected loss or profit from investing in Build Funds over a given investment horizon.
Check out Build Funds Correlation, Build Funds Volatility and Build Funds Alpha and Beta module to complement your research on Build Funds.

The market value of Build Funds Trust is measured differently than its book value, which is the value of Build that is recorded on the company's balance sheet. Investors also form their own opinion of Build Funds' value that differs from its market value or its book value, called intrinsic value, which is Build Funds' 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 Build Funds' market value can be influenced by many factors that don't directly affect Build Funds' 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 Build Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Build Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Build Funds' 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.

Build Funds '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 Build Funds' 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 Build Funds.
No Change 0.00  0.0 
In 30 days
If you would invest  0.00  in Build Funds on January 23, 2024 and sell it all today you would earn a total of 0.00 from holding Build Funds Trust or generate 0.0% return on investment in Build Funds over 30 days. Build Funds is related to or competes with Columbia Diversified, Principal Exchange, Virtus Newfleet, Vident Core, and PIMCO Enhanced. The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective through investing in... More

Build Funds 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 Build Funds' 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 Build Funds Trust upside and downside potential and time the market with a certain degree of confidence.

Build Funds Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Build Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Build Funds' standard deviation. In reality, there are many statistical measures that can use Build Funds historical prices to predict the future Build Funds' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Build Funds' 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. Please use the tools below to analyze the current value of Build Funds in the context of predictive analytics.
Band Projection (param)
LowerMiddle BandUpper
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Build Funds. Your research has to be compared to or analyzed against Build Funds' peers to derive any actionable benefits. When done correctly, Build Funds' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Build Funds Trust.

Build Funds Trust Backtested Returns

We consider Build Funds very steady. Build Funds Trust secures Sharpe Ratio (or Efficiency) of 0.0559, which signifies that the etf had 0.0559% return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of an etf is to use all available market data together with etf-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Build Funds Trust, which you can use to evaluate the future volatility of the entity. Please confirm Build Funds' Mean Deviation of 0.2257, downside deviation of 0.332, and Risk Adjusted Performance of 0.0248 to double-check if the risk estimate we provide is consistent with the expected return of 0.0173%. The etf shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Build Funds returns are expected to increase less than the market. However, during the bear market, the loss on holding Build Funds will be expected to be smaller as well. Although it is important to respect Build Funds Trust historical returns, it is better to be realistic regarding the information on the equity's current trending patterns.



Poor reverse predictability

Build Funds Trust has poor reverse predictability. Overlapping area represents the amount of predictability between Build Funds time series from 23rd of January 2024 to 7th of February 2024 and 7th of February 2024 to 22nd of February 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 Build Funds Trust price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Build Funds price fluctuation can be explain by its past prices.
Correlation Coefficient-0.34
Spearman Rank Test0.04
Residual Average0.0
Price Variance0.0

Build Funds Trust lagged returns against current returns

Autocorrelation, which is Build Funds 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 Build Funds' etf expected returns. We can calculate the autocorrelation of Build Funds returns to help us make a trade decision. For example, suppose you find that Build Funds etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   

Build Funds 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 Build Funds etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Build Funds etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Build Funds etf over time.
   Current vs Lagged Prices   

Build Funds Lagged Returns

When evaluating Build Funds' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Build Funds etf have on its future price. Build Funds 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, Build Funds autocorrelation shows the relationship between Build Funds etf current value and its past values and can show if there is a momentum factor associated with investing in Build Funds Trust.
   Regressed Prices   

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Build Funds in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Build Funds' short interest history, or implied volatility extrapolated from Build Funds options trading.

Pair Trading with Build Funds

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Build Funds position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Build Funds will appreciate offsetting losses from the drop in the long position's value.

Moving together with Build Etf

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The ability to find closely correlated positions to Build Funds could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Build Funds when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Build Funds - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Build Funds Trust to buy it.
The correlation of Build Funds is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Build Funds moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Build Funds Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Build Funds can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Build Funds Correlation, Build Funds Volatility and Build Funds Alpha and Beta module to complement your research on Build Funds.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Build Funds' price analysis, check to measure Build Funds' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Build Funds is operating at the current time. Most of Build Funds' value examination focuses on studying past and present price action to predict the probability of Build Funds' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Build Funds' price. Additionally, you may evaluate how the addition of Build Funds to your portfolios can decrease your overall portfolio volatility.
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Build Funds 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.
A focus of Build Funds technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Build Funds trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...