Akros Monthly Payout Etf Market Value

MPAY Etf  USD 24.44  0.15  0.62%   
Akros Monthly's market value is the price at which a share of Akros Monthly trades on a public exchange. It measures the collective expectations of Akros Monthly Payout investors about its performance. Akros Monthly is trading at 24.44 as of the 26th of May 2024; that is 0.62% increase since the beginning of the trading day. The etf's open price was 24.29.
With this module, you can estimate the performance of a buy and hold strategy of Akros Monthly Payout and determine expected loss or profit from investing in Akros Monthly over a given investment horizon. Check out Akros Monthly Correlation, Akros Monthly Volatility and Akros Monthly Alpha and Beta module to complement your research on Akros Monthly.

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

Akros Monthly '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 Akros Monthly'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 Akros Monthly.
No Change 0.00  0.0 
In 1 year 11 months and 21 days
If you would invest  0.00  in Akros Monthly on June 6, 2022 and sell it all today you would earn a total of 0.00 from holding Akros Monthly Payout or generate 0.0% return on investment in Akros Monthly over 720 days. Akros Monthly is related to or competes with Mobivity Holdings, and Magellan Gold. The fund normally invests in securities comprising the index More

Akros Monthly 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 Akros Monthly'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 Akros Monthly Payout upside and downside potential and time the market with a certain degree of confidence.

Akros Monthly Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Akros Monthly's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akros Monthly's standard deviation. In reality, there are many statistical measures that can use Akros Monthly historical prices to predict the future Akros Monthly's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Akros Monthly'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.
Band Projection (param)
LowerMiddle BandUpper
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Akros Monthly. Your research has to be compared to or analyzed against Akros Monthly's peers to derive any actionable benefits. When done correctly, Akros Monthly's 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 Akros Monthly Payout.

Akros Monthly Payout Backtested Returns

We consider Akros Monthly very steady. Akros Monthly Payout secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the etf had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Akros Monthly Payout, which you can use to evaluate the volatility of the entity. Please confirm Akros Monthly's Mean Deviation of 0.582, downside deviation of 0.7111, and Risk Adjusted Performance of 0.06 to double-check if the risk estimate we provide is consistent with the expected return of 0.0742%. The etf shows a Beta (market volatility) of 1.05, which signifies a somewhat significant risk relative to the market. Akros Monthly returns are very sensitive to returns on the market. As the market goes up or down, Akros Monthly is expected to follow.



Good predictability

Akros Monthly Payout has good predictability. Overlapping area represents the amount of predictability between Akros Monthly time series from 6th of June 2022 to 1st of June 2023 and 1st of June 2023 to 26th of May 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 Akros Monthly Payout price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Akros Monthly price fluctuation can be explain by its past prices.
Correlation Coefficient0.6
Spearman Rank Test0.4
Residual Average0.0
Price Variance1.49

Akros Monthly Payout lagged returns against current returns

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

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

Akros Monthly Lagged Returns

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

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Akros Monthly Payout offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akros Monthly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Akros Monthly Payout Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Akros Monthly Payout Etf:
Check out Akros Monthly Correlation, Akros Monthly Volatility and Akros Monthly Alpha and Beta module to complement your research on Akros Monthly.
Note that the Akros Monthly Payout information on this page should be used as a complementary analysis to other Akros Monthly'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 the Stocks Directory module to find actively traded stocks across global markets.
Akros Monthly 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 Akros Monthly technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Akros Monthly 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...