Anfield Universal Fixed Etf Market Value
| AFIF Etf | USD 9.21 0.02 0.22% |
| Symbol | Anfield |
The market value of Anfield Universal Fixed is measured differently than its book value, which is the value of Anfield that is recorded on the company's balance sheet. Investors also form their own opinion of Anfield Universal's value that differs from its market value or its book value, called intrinsic value, which is Anfield Universal'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 Anfield Universal's market value can be influenced by many factors that don't directly affect Anfield Universal'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 Anfield Universal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anfield Universal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anfield Universal'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.
Anfield Universal '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 Anfield Universal'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 Anfield Universal.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Anfield Universal on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Anfield Universal Fixed or generate 0.0% return on investment in Anfield Universal over 480 days. Anfield Universal is related to or competes with Aris Water, Pacer Cash, Morningstar Unconstrained, Thrivent High, High Yield, Via Renewables, and T Rowe. The fund is an actively managed exchange-traded fund that normally invests at least 80 percent of its net assets, includ... More
Anfield Universal 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 Anfield Universal'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 Anfield Universal Fixed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1411 | |||
| Information Ratio | (1.04) | |||
| Maximum Drawdown | 0.4386 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.2176 |
Anfield Universal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anfield Universal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anfield Universal's standard deviation. In reality, there are many statistical measures that can use Anfield Universal historical prices to predict the future Anfield Universal's volatility.| Risk Adjusted Performance | 0.0442 | |||
| Jensen Alpha | 0.0046 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.78) | |||
| Treynor Ratio | 1.42 |
Anfield Universal Fixed Backtested Returns
At this point, Anfield Universal is very steady. Anfield Universal Fixed secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the etf had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Anfield Universal Fixed, which you can use to evaluate the volatility of the entity. Please confirm Anfield Universal's risk adjusted performance of 0.0442, and Mean Deviation of 0.082 to double-check if the risk estimate we provide is consistent with the expected return of 0.0188%. The etf shows a Beta (market volatility) of 0.0035, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Anfield Universal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Anfield Universal is expected to be smaller as well.
Auto-correlation | 0.97 |
Excellent predictability
Anfield Universal Fixed has excellent predictability. Overlapping area represents the amount of predictability between Anfield Universal time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 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 Anfield Universal Fixed price movement. The serial correlation of 0.97 indicates that 97.0% of current Anfield Universal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.97 | |
| Spearman Rank Test | 0.98 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Anfield Universal Fixed lagged returns against current returns
Autocorrelation, which is Anfield Universal 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 Anfield Universal's etf expected returns. We can calculate the autocorrelation of Anfield Universal returns to help us make a trade decision. For example, suppose you find that Anfield Universal 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 |
Anfield Universal 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 Anfield Universal etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anfield Universal etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anfield Universal etf over time.
Current vs Lagged Prices |
| Timeline |
Anfield Universal Lagged Returns
When evaluating Anfield Universal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anfield Universal etf have on its future price. Anfield Universal 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, Anfield Universal autocorrelation shows the relationship between Anfield Universal etf current value and its past values and can show if there is a momentum factor associated with investing in Anfield Universal Fixed.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Anfield Universal Fixed is a strong investment it is important to analyze Anfield Universal'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 Anfield Universal's future performance. For an informed investment choice regarding Anfield Etf, refer to the following important reports:Check out Anfield Universal Correlation, Anfield Universal Volatility and Anfield Universal Alpha and Beta module to complement your research on Anfield Universal. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Anfield Universal 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.