Tuttle Etf Market Value

SARK
 Etf
  

USD 46.76  2.01  4.12%   

Tuttle Capital's market value is the price at which a share of Tuttle Capital stock trades on a public exchange. It measures the collective expectations of Tuttle Capital Short investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Tuttle Capital Short and determine expected loss or profit from investing in Tuttle Capital over a given investment horizon. Additionally, take a look at Tuttle Capital Hype Analysis, Tuttle Capital Correlation, Portfolio Optimization, Tuttle Capital Volatility, as well as analyze Tuttle Capital Alpha and Beta and Tuttle Capital Performance.
Symbol

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

Tuttle Capital '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 Tuttle Capital'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 Tuttle Capital.
0.00
07/14/2022
No Change 0.00  0.0 
In 31 days
08/13/2022
0.00
If you would invest  0.00  in Tuttle Capital on July 14, 2022 and sell it all today you would earn a total of 0.00 from holding Tuttle Capital Short or generate 0.0% return on investment in Tuttle Capital over 30 days. Tuttle Capital is related to or competes with Pfizer. The fund is an actively managed exchange traded fund that attempts to achieve the inverse of the return of the ETF for a...More

Tuttle Capital 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 Tuttle Capital'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 Tuttle Capital Short upside and downside potential and time the market with a certain degree of confidence.

Tuttle Capital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tuttle Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tuttle Capital's standard deviation. In reality, there are many statistical measures that can use Tuttle Capital historical prices to predict the future Tuttle Capital's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Tuttle Capital'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. Please use the tools below to analyze the current value of Tuttle Capital in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
42.0746.5050.93
Details
Intrinsic
Valuation
LowReal ValueHigh
41.2545.6850.11
Details
Naive
Forecast
LowNext ValueHigh
38.6443.0647.49
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
45.3848.9352.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tuttle Capital. Your research has to be compared to or analyzed against Tuttle Capital's peers to derive any actionable benefits. When done correctly, Tuttle Capital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Tuttle Capital Short.

Tuttle Capital Short Backtested Returns

Tuttle Capital Short owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the etf had -0.11% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring 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. Tuttle Capital Short exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Tuttle Capital risk adjusted performance of (0.10), and Coefficient Of Variation of (1,117) to confirm the risk estimate we provide.
The entity has a beta of -0.1029, which indicates not very significant fluctuations relative to the market. Let's try to break down what Tuttle's beta means in this case. As returns on the market increase, returns on owning Tuttle Capital are expected to decrease at a much lower rate. During the bear market, Tuttle Capital is likely to outperform the market. Even though it is essential to pay attention to Tuttle Capital Short current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring 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. Tuttle Capital Short exposes twenty-eight different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.58  

Modest predictability

Tuttle Capital Short has modest predictability. Overlapping area represents the amount of predictability between Tuttle Capital time series from 14th of July 2022 to 29th of July 2022 and 29th of July 2022 to 13th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tuttle Capital Short price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Tuttle Capital price fluctuation can be explain by its past prices.
Correlation Coefficient0.58
Spearman Rank Test0.2
Residual Average0.0
Price Variance6.86

Tuttle Capital Short lagged returns against current returns

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

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

Tuttle Capital Lagged Returns

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

Tuttle Capital Investors Sentiment

The influence of Tuttle Capital's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Tuttle. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Tuttle Capital 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, Tuttle Capital's short interest history, or implied volatility extrapolated from Tuttle Capital options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Tuttle Capital Hype Analysis, Tuttle Capital Correlation, Portfolio Optimization, Tuttle Capital Volatility, as well as analyze Tuttle Capital Alpha and Beta and Tuttle Capital Performance. Note that the Tuttle Capital Short information on this page should be used as a complementary analysis to other Tuttle Capital'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Tuttle Etf analysis

When running Tuttle Capital Short price analysis, check to measure Tuttle Capital's 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 Tuttle Capital is operating at the current time. Most of Tuttle Capital's value examination focuses on studying past and present price action to predict the probability of Tuttle Capital's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tuttle Capital's price. Additionally, you may evaluate how the addition of Tuttle Capital to your portfolios can decrease your overall portfolio volatility.
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Tuttle Capital 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, stock market cycles, or different charting patterns.
A focus of Tuttle Capital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tuttle Capital 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...