Total Etf Market Value

BND -  USA Etf  

USD 85.26  0.01  0.0117%

Total Bond's market value is the price at which a share of Total Bond stock trades on a public exchange. It measures the collective expectations of Total Bond Market investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Total Bond Market and determine expected loss or profit from investing in Total Bond over a given investment horizon. Continue to Total Bond Hype Analysis, Total Bond Correlation, Portfolio Optimization, Total Bond Volatility, as well as analyze Total Bond Alpha and Beta and Total Bond Performance.
Symbol
Backtest

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

Total Bond '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 Total Bond'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 Total Bond.
0.00
12/11/2019
No Change 0.00  0.0 
In 1 year 11 months and 21 days
11/30/2021
0.00
If you would invest  0.00  in Total Bond on December 11, 2019 and sell it all today you would earn a total of 0.00 from holding Total Bond Market or generate 0.0% return on investment in Total Bond over 720 days. Total Bond is related to or competes with Interm GovtCredit, and Wisdomtree Yield. The investment seeks to track the performance of the Bloomberg Barclays U.S

Total Bond 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 Total Bond'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 Total Bond Market upside and downside potential and time the market with a certain degree of confidence.

Total Bond Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Total Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Total Bond's standard deviation. In reality, there are many statistical measures that can use Total Bond historical prices to predict the future Total Bond's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Total Bond's 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 Total Bond in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
85.0085.2685.52
Details
Intrinsic
Valuation
LowReal ValueHigh
85.0485.3085.56
Details
Naive
Forecast
LowNext ValueHigh
84.6784.9385.19
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
84.1685.1786.17
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Total Bond. Your research has to be compared to or analyzed against Total Bond's peers to derive any actionable benefits. When done correctly, Total Bond's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Total Bond Market.

Total Bond Market Backtested Returns

Total Bond Market owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0555, which indicates the etf had -0.0555% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Total Bond Market exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Total Bond risk adjusted performance of (0.044802), and Coefficient Of Variation of (2,835) to confirm the risk estimate we provide.
The entity has a beta of -0.0643, which indicates not very significant fluctuations relative to the market. Let's try to break down what Total's beta means in this case. As returns on the market increase, returns on owning Total Bond are expected to decrease at a much lower rate. During the bear market, Total Bond is likely to outperform the market. Even though it is essential to pay attention to Total Bond Market current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Total Bond Market exposes twenty-seven different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.03   

Virtually no predictability

Total Bond Market has virtually no predictability. Overlapping area represents the amount of predictability between Total Bond time series from 11th of December 2019 to 5th of December 2020 and 5th of December 2020 to 30th of November 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Total Bond Market price movement. The serial correlation of 0.03 indicates that only 3.0% of current Total Bond price fluctuation can be explain by its past prices.
Correlation Coefficient0.03
Spearman Rank Test0.13
Residual Average0.0
Price Variance0.75

Total Bond Market lagged returns against current returns

Autocorrelation, which is Total Bond 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 Total Bond's etf expected returns. We can calculate the autocorrelation of Total Bond returns to help us make a trade decision. For example, suppose you find that Total Bond 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 
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      Timeline 

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

Total Bond Lagged Returns

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

Total Bond Investors Sentiment

The influence of Total Bond's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Total. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Total Bond 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, Total Bond's short interest history, or implied volatility extrapolated from Total Bond options trading.

Current Sentiment - BND

Total Bond Market Investor Sentiment

Predominant part of Macroaxis users are currently bullish on Total Bond Market. What is your outlook on investing in Total Bond Market? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Trading with Total Bond

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 Total Bond 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 Total Bond will appreciate offsetting losses from the drop in the long position's value.

Total Bond Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Total Bond and Interm GovtCredit Bond. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Total Bond Hype Analysis, Total Bond Correlation, Portfolio Optimization, Total Bond Volatility, as well as analyze Total Bond Alpha and Beta and Total Bond Performance. Note that the Total Bond Market information on this page should be used as a complementary analysis to other Total Bond's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Total Etf analysis

When running Total Bond Market price analysis, check to measure Total Bond's 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 Total Bond is operating at the current time. Most of Total Bond's value examination focuses on studying past and present price action to predict the probability of Total Bond's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Total Bond's price. Additionally, you may evaluate how the addition of Total Bond to your portfolios can decrease your overall portfolio volatility.
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Total Bond 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, stock market cycles, or different charting patterns.
A focus of Total Bond technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Total Bond 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...