Capitol Etf Market Value
| HTUS Etf | USD 31.88 0.11 0.34% |
| 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.
| 08/26/2023 |
| 09/25/2023 |
If you would invest 0.00 in Capitol Series on August 26, 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 30 days. Capitol Series is related to or competes with International Drawdown, and LHA Market. 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.
| Information Ratio | (0.043865) | |||
| Maximum Drawdown | 4.45 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 1.53 |
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 | (0.027502) | |||
| Jensen Alpha | (0.037965) | |||
| Total Risk Alpha | (0.031744) | |||
| Treynor Ratio | (0.049643) |
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
Capitol Series Trust secures Sharpe Ratio (or Efficiency) of -0.0437, which signifies that the etf had -0.0437% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing 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. Capitol Series Trust exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm Capitol Series Trust Standard Deviation of 0.9232, mean deviation of 0.6921, and Risk Adjusted Performance of (0.027502) to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 1.1518, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Capitol Series will likely underperform. Even though it is essential to pay attention to Capitol Series Trust historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing 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. Capitol Series Trust exposes fifteen different technical indicators, which can help you to evaluate its performance.
Auto-correlation | 0.38 |
Below average predictability
Capitol Series Trust has below average predictability. Overlapping area represents the amount of predictability between Capitol Series time series from 26th of August 2023 to 10th of September 2023 and 10th of September 2023 to 25th of September 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 0.38 indicates that just about 38.0% of current Capitol Series price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
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 |
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 Capitol Series 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, Capitol Series' short interest history, or implied volatility extrapolated from Capitol Series options trading.
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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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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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| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |
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.