Abacus Fcf Leaders Etf Market Value
| ABFL Etf | 68.68 0.00 0.00% |
| Symbol | Abacus |
The market value of Abacus FCF Leaders is measured differently than its book value, which is the value of Abacus that is recorded on the company's balance sheet. Investors also form their own opinion of Abacus FCF's value that differs from its market value or its book value, called intrinsic value, which is Abacus FCF'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 Abacus FCF's market value can be influenced by many factors that don't directly affect Abacus FCF'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 Abacus FCF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abacus FCF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abacus FCF'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.
Abacus FCF '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 Abacus FCF'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 Abacus FCF.
| 02/02/2023 |
| 01/22/2025 |
If you would invest 0.00 in Abacus FCF on February 2, 2023 and sell it all today you would earn a total of 0.00 from holding Abacus FCF Leaders or generate 0.0% return on investment in Abacus FCF over 720 days. Abacus FCF is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Total, Vanguard Value, Vanguard Growth, and Vanguard Mid. Abacus FCF is entity of United States. It is traded as Etf on BATS exchange. More
Abacus FCF 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 Abacus FCF'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 Abacus FCF Leaders upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 5.4 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.38 |
Abacus FCF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abacus FCF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Abacus FCF's standard deviation. In reality, there are many statistical measures that can use Abacus FCF historical prices to predict the future Abacus FCF's volatility.| Risk Adjusted Performance | 0.0334 | |||
| Jensen Alpha | 0.0212 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.242 |
Abacus FCF Leaders Backtested Returns
As of now, Abacus Etf is very steady. Abacus FCF Leaders secures Sharpe Ratio (or Efficiency) of 0.0792, which signifies that the etf had a 0.0792 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Abacus FCF Leaders, which you can use to evaluate the volatility of the entity. Please confirm Abacus FCF's mean deviation of 0.6318, and Risk Adjusted Performance of 0.0334 to double-check if the risk estimate we provide is consistent with the expected return of 0.0703%. The etf shows a Beta (market volatility) of 0.0985, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Abacus FCF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Abacus FCF is expected to be smaller as well.
Auto-correlation | 0.77 |
Good predictability
Abacus FCF Leaders has good predictability. Overlapping area represents the amount of predictability between Abacus FCF time series from 2nd of February 2023 to 28th of January 2024 and 28th of January 2024 to 22nd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Abacus FCF Leaders price movement. The serial correlation of 0.77 indicates that around 77.0% of current Abacus FCF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 14.54 |
Abacus FCF Leaders lagged returns against current returns
Autocorrelation, which is Abacus FCF 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 Abacus FCF's etf expected returns. We can calculate the autocorrelation of Abacus FCF returns to help us make a trade decision. For example, suppose you find that Abacus FCF 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 |
Abacus FCF 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 Abacus FCF etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Abacus FCF etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Abacus FCF etf over time.
Current vs Lagged Prices |
| Timeline |
Abacus FCF Lagged Returns
When evaluating Abacus FCF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Abacus FCF etf have on its future price. Abacus FCF 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, Abacus FCF autocorrelation shows the relationship between Abacus FCF etf current value and its past values and can show if there is a momentum factor associated with investing in Abacus FCF Leaders.
Regressed Prices |
| Timeline |
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Abacus FCF 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.