Capitol Series Trust Etf Market Value
| HTUS Etf | USD 33.97 0.14 0.41% |
| Symbol | Capitol |
The market value of Capitol Series Trust is measured differently than its book value, which is the value of Capitol that is recorded on the company's balance sheet. Investors also form their own opinion of Capitol Series' value that differs from its market value or its book value, called intrinsic value, which is Capitol Series' 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 Capitol Series' market value can be influenced by many factors that don't directly affect Capitol Series' 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 Capitol Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if Capitol Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capitol Series' 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.
Capitol Series '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 Capitol Series' 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 Capitol Series.
| 09/01/2023 |
| 11/30/2023 |
If you would invest 0.00 in Capitol Series on September 1, 2023 and sell it all today you would earn a total of 0.00 from holding Capitol Series Trust or generate 0.0% return on investment in Capitol Series over 90 days. Capitol Series is related to or competes with First Trust, Aptus Drawdown, Cambria Value, Tidal ETF, AdvisorShares Trust, and JPMorgan Nasdaq. The funds sub-adviser seeks to achieve its investment objective, by using various proprietary analytical investment mode... More
Capitol Series 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 Capitol Series' 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 Capitol Series Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.0542 | |||
| Maximum Drawdown | 4.02 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 1.88 |
Capitol Series Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capitol Series' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capitol Series' standard deviation. In reality, there are many statistical measures that can use Capitol Series historical prices to predict the future Capitol Series' volatility.| Risk Adjusted Performance | 0.0524 | |||
| Jensen Alpha | 0.0572 | |||
| Total Risk Alpha | 0.0563 | |||
| Sortino Ratio | 0.0542 | |||
| Treynor Ratio | 0.1437 |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Capitol Series' 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 Capitol Series in the context of predictive analytics.
Capitol Series Trust Backtested Returns
We consider Capitol Series very steady. Capitol Series Trust secures Sharpe Ratio (or Efficiency) of 0.0214, which signifies that the etf had 0.0214% of 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 Capitol Series Trust, which you can use to evaluate the future volatility of the entity. Please confirm Capitol Series Trust Mean Deviation of 0.8105, downside deviation of 1.04, and Risk Adjusted Performance of 0.0524 to double-check if the risk estimate we provide is consistent with the expected return of 0.0227%. The etf shows a Beta (market volatility) of 0.4002, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Capitol Series returns are expected to increase less than the market. However, during the bear market, the loss on holding Capitol Series will be expected to be smaller as well. Although it is important to respect Capitol Series Trust historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. Our main philosophy towards foreseeing future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Capitol Series Trust technical indicators, you can presently evaluate if the expected return of 0.0227% will be sustainable into the future.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Capitol Series Trust has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Capitol Series time series from 1st of September 2023 to 16th of October 2023 and 16th of October 2023 to 30th of November 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Capitol Series Trust price movement. The serial correlation of -0.77 indicates that around 77.0% of current Capitol Series price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 1.95 |
Capitol Series Trust lagged returns against current returns
Autocorrelation, which is Capitol Series 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 Capitol Series' etf expected returns. We can calculate the autocorrelation of Capitol Series returns to help us make a trade decision. For example, suppose you find that Capitol Series 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 |
| Timeline |
Capitol Series 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 Capitol Series etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capitol Series etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capitol Series etf over time.
Current vs Lagged Prices |
| Timeline |
Capitol Series Lagged Returns
When evaluating Capitol Series' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capitol Series etf have on its future price. Capitol Series 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, Capitol Series autocorrelation shows the relationship between Capitol Series etf current value and its past values and can show if there is a momentum factor associated with investing in Capitol Series Trust.
Regressed Prices |
| Timeline |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Capitol Series without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Check out Capitol Series Correlation, Capitol Series Volatility and Capitol Series Alpha and Beta module to complement your research on Capitol Series. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Capitol Etf analysis
When running Capitol Series' price analysis, check to measure Capitol Series' 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 Capitol Series is operating at the current time. Most of Capitol Series' value examination focuses on studying past and present price action to predict the probability of Capitol Series' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capitol Series' price. Additionally, you may evaluate how the addition of Capitol Series to your portfolios can decrease your overall portfolio volatility.
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Capitol Series 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.