Anfield Capital Diversified Market Value
| DALTDelisted Etf | USD 8.90 0.02 0.23% |
| Symbol | Anfield |
Anfield Capital '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 Anfield Capital'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 Anfield Capital.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Anfield Capital on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Anfield Capital Diversified or generate 0.0% return on investment in Anfield Capital over 30 days. Anfield Capital is related to or competes with Anfield Universal, Anfield Equity, and IQ Chaikin. The fund is an actively managed exchange traded fund that is a fund of funds More
Anfield Capital 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 Anfield Capital'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 Anfield Capital Diversified upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6298 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 2.45 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.9217 |
Anfield Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anfield Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anfield Capital's standard deviation. In reality, there are many statistical measures that can use Anfield Capital historical prices to predict the future Anfield Capital's volatility.| Risk Adjusted Performance | 0.0984 | |||
| Jensen Alpha | 0.0835 | |||
| Total Risk Alpha | 0.0025 | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Anfield Capital'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.
Anfield Capital Dive Backtested Returns
We consider Anfield Capital very steady. Anfield Capital Dive secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the etf had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Anfield Capital Diversified, which you can use to evaluate the volatility of the entity. Please confirm Anfield Capital's risk adjusted performance of 0.0984, and Mean Deviation of 0.3747 to double-check if the risk estimate we provide is consistent with the expected return of 0.0556%. The etf shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Anfield Capital are expected to decrease at a much lower rate. During the bear market, Anfield Capital is likely to outperform the market.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Anfield Capital Diversified has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Anfield Capital time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Anfield Capital Dive price movement. The serial correlation of -0.71 indicates that around 71.0% of current Anfield Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Anfield Capital Dive lagged returns against current returns
Autocorrelation, which is Anfield Capital 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 Anfield Capital's etf expected returns. We can calculate the autocorrelation of Anfield Capital returns to help us make a trade decision. For example, suppose you find that Anfield Capital 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 |
Anfield Capital 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 Anfield Capital etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anfield Capital etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anfield Capital etf over time.
Current vs Lagged Prices |
| Timeline |
Anfield Capital Lagged Returns
When evaluating Anfield Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anfield Capital etf have on its future price. Anfield Capital 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, Anfield Capital autocorrelation shows the relationship between Anfield Capital etf current value and its past values and can show if there is a momentum factor associated with investing in Anfield Capital Diversified.
Regressed Prices |
| Timeline |
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 Anfield Capital 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, Anfield Capital's short interest history, or implied volatility extrapolated from Anfield Capital options trading.
Pair Trading with Anfield Capital
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 Anfield Capital 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 Anfield Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Anfield Etf
| 0.86 | QAI | IQ Hedge Multi | PairCorr |
| 0.84 | FLSP | Franklin Liberty Sys | PairCorr |
| 0.89 | SHLD | Global X Funds | PairCorr |
Moving against Anfield Etf
| 0.89 | BA | Boeing Earnings Call Today | PairCorr |
| 0.87 | HUM | Humana Inc Earnings Call Today | PairCorr |
| 0.82 | MCD | McDonalds Earnings Call This Week | PairCorr |
| 0.59 | FNGD | MicroSectors FANG Index Downward Rally | PairCorr |
The ability to find closely correlated positions to Anfield Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anfield Capital 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 Anfield Capital - 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 Anfield Capital Diversified to buy it.
The correlation of Anfield Capital is a statistical measure of how it moves in relation to other instruments. 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 Anfield Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anfield Capital Dive 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 Anfield Capital 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.Check out Anfield Capital Correlation, Anfield Capital Volatility and Anfield Capital Alpha and Beta module to complement your research on Anfield Capital. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Anfield Etf
If you are still planning to invest in Anfield Capital Dive check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Anfield Capital's history and understand the potential risks before investing.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |