Rpar Risk Parity Etf Market Value
| RPAR Etf | USD 18.61 0.03 0.16% |
| Symbol | RPAR |
The market value of RPAR Risk Parity is measured differently than its book value, which is the value of RPAR that is recorded on the company's balance sheet. Investors also form their own opinion of RPAR Risk's value that differs from its market value or its book value, called intrinsic value, which is RPAR Risk'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 RPAR Risk's market value can be influenced by many factors that don't directly affect RPAR Risk'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 RPAR Risk's value and its price as these two are different measures arrived at by different means. Investors typically determine if RPAR Risk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RPAR Risk'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.
RPAR Risk '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 RPAR Risk'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 RPAR Risk.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in RPAR Risk on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding RPAR Risk Parity or generate 0.0% return on investment in RPAR Risk over 30 days. RPAR Risk is related to or competes with ATAC Rotation, Amplify BlackSwan, Tidal ETF, and Aptus Defined. The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective primarily by investi... More
RPAR Risk 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 RPAR Risk'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 RPAR Risk Parity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7316 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.44 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 0.9751 |
RPAR Risk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RPAR Risk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RPAR Risk's standard deviation. In reality, there are many statistical measures that can use RPAR Risk historical prices to predict the future RPAR Risk's volatility.| Risk Adjusted Performance | 0.0126 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0038 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RPAR Risk'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.
RPAR Risk Parity Backtested Returns
We consider RPAR Risk very steady. RPAR Risk Parity retains Efficiency (Sharpe Ratio) of 0.0213, which implies the entity had a 0.0213% return per unit of risk over the last 3 months. We have found thirty technical indicators for RPAR Risk, which you can use to evaluate the volatility of the etf. Please check RPAR Risk's market risk adjusted performance of 0.0138, and Semi Deviation of 0.687 to confirm if the risk estimate we provide is consistent with the expected return of 0.0142%. The etf owns a Beta (Systematic Risk) of 0.72, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RPAR Risk's returns are expected to increase less than the market. However, during the bear market, the loss of holding RPAR Risk is expected to be smaller as well.
Auto-correlation | -0.49 |
Modest reverse predictability
RPAR Risk Parity has modest reverse predictability. Overlapping area represents the amount of predictability between RPAR Risk time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 RPAR Risk Parity price movement. The serial correlation of -0.49 indicates that about 49.0% of current RPAR Risk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
RPAR Risk Parity lagged returns against current returns
Autocorrelation, which is RPAR Risk 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 RPAR Risk's etf expected returns. We can calculate the autocorrelation of RPAR Risk returns to help us make a trade decision. For example, suppose you find that RPAR Risk 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 |
RPAR Risk 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 RPAR Risk etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RPAR Risk etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RPAR Risk etf over time.
Current vs Lagged Prices |
| Timeline |
RPAR Risk Lagged Returns
When evaluating RPAR Risk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RPAR Risk etf have on its future price. RPAR Risk 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, RPAR Risk autocorrelation shows the relationship between RPAR Risk etf current value and its past values and can show if there is a momentum factor associated with investing in RPAR Risk Parity.
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 RPAR Risk 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, RPAR Risk's short interest history, or implied volatility extrapolated from RPAR Risk options trading.
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When determining whether RPAR Risk Parity is a strong investment it is important to analyze RPAR Risk's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RPAR Risk's future performance. For an informed investment choice regarding RPAR Etf, refer to the following important reports:Check out RPAR Risk Correlation, RPAR Risk Volatility and RPAR Risk Alpha and Beta module to complement your research on RPAR Risk. Note that the RPAR Risk Parity information on this page should be used as a complementary analysis to other RPAR Risk'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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
RPAR Risk 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.