Investment Managers Series Etf Market Value
PPI Etf | USD 15.33 0.02 0.13% |
Symbol | Investment |
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.
06/02/2024 |
| 08/31/2024 |
If you would invest 0.00 in Investment Managers on June 2, 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 90 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.
Downside Deviation | 1.11 | |||
Information Ratio | (0.13) | |||
Maximum Drawdown | 4.47 | |||
Value At Risk | (1.36) | |||
Potential Upside | 1.48 |
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.Risk Adjusted Performance | 0.0016 | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | (0.11) | |||
Treynor Ratio | (0.01) |
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.
Investment Managers Backtested Returns
Investment Managers holds Efficiency (Sharpe) Ratio of -0.0023, which attests that the entity had a -0.0023% return per unit of risk over the last 3 months. Investment Managers exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Investment Managers' Risk Adjusted Performance of 0.0016, downside deviation of 1.11, and insignificant Market Risk Adjusted Performance to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.88, 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 | 0.56 |
Modest predictability
Investment Managers Series has modest predictability. Overlapping area represents the amount of predictability between Investment Managers time series from 2nd of June 2024 to 17th of July 2024 and 17th of July 2024 to 31st of August 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 0.56 indicates that roughly 56.0% of current Investment Managers price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.56 | |
Spearman Rank Test | 0.08 | |
Residual Average | 0.0 | |
Price Variance | 0.08 |
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.