Investment Managers Series Etf Market Value

PPI Etf  USD 14.97  0.04  0.27%   
Investment Managers' market value is the price at which a share of Investment Managers trades on a public exchange. It measures the collective expectations of Investment Managers Series investors about its performance. Investment Managers is trading at 14.97 as of the 19th of June 2024. This is a 0.27% increase since the beginning of the trading day. The etf's open price was 14.93.
With this module, you can estimate the performance of a buy and hold strategy of Investment Managers Series and determine expected loss or profit from investing in Investment Managers over a given investment horizon. Check out Investment Managers Correlation, Investment Managers Volatility and Investment Managers Alpha and Beta module to complement your research on Investment Managers.
Symbol

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

Investment Managers '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 Investment Managers' 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 Investment Managers.
0.00
05/20/2024
No Change 0.00  0.0 
In 31 days
06/19/2024
0.00
If you would invest  0.00  in Investment Managers on May 20, 2024 and sell it all today you would earn a total of 0.00 from holding Investment Managers Series or generate 0.0% return on investment in Investment Managers over 30 days. Investment Managers is related to or competes with Cambria Global, Cambria Global, Cambria Foreign, Cambria Trinity, and Cambria Emerging. The fund is an actively managed exchange-traded fund that seeks to invests principally in securities across multiple ass... More

Investment Managers 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 Investment Managers' 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 Investment Managers Series upside and downside potential and time the market with a certain degree of confidence.

Investment Managers Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Investment Managers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Investment Managers' standard deviation. In reality, there are many statistical measures that can use Investment Managers historical prices to predict the future Investment Managers' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Investment Managers' 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.
Hype
Prediction
LowEstimatedHigh
14.2214.9715.72
Details
Intrinsic
Valuation
LowRealHigh
14.3615.1115.86
Details
Naive
Forecast
LowNextHigh
14.3015.0515.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.8615.3815.90
Details

Investment Managers Backtested Returns

Investment Managers holds Efficiency (Sharpe) Ratio of -0.0938, which attests that the entity had a -0.0938% return per unit of risk over the last 3 months. Investment Managers exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Investment Managers' Risk Adjusted Performance of (0.02), standard deviation of 0.7674, and Market Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.98, which attests to possible diversification benefits within a given portfolio. Investment Managers returns are very sensitive to returns on the market. As the market goes up or down, Investment Managers is expected to follow.

Auto-correlation

    
  0.58  

Modest predictability

Investment Managers Series has modest predictability. Overlapping area represents the amount of predictability between Investment Managers time series from 20th of May 2024 to 4th of June 2024 and 4th of June 2024 to 19th of June 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 Investment Managers price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Investment Managers price fluctuation can be explain by its past prices.
Correlation Coefficient0.58
Spearman Rank Test0.58
Residual Average0.0
Price Variance0.02

Investment Managers lagged returns against current returns

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

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

Investment Managers Lagged Returns

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

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Additional Information and Resources on Investing in Investment Etf

When determining whether Investment Managers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Investment Managers' 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 Investment Managers Series Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Investment Managers Series Etf:
Check out Investment Managers Correlation, Investment Managers Volatility and Investment Managers Alpha and Beta module to complement your research on Investment Managers.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Investment Managers 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 Investment Managers technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Investment Managers 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...