Abrdn Etfs Etf Market Value
| BCIM Etf | USD 19.81 0.01 0.05% |
| Symbol | Abrdn |
The market value of abrdn ETFs is measured differently than its book value, which is the value of Abrdn that is recorded on the company's balance sheet. Investors also form their own opinion of Abrdn ETFs' value that differs from its market value or its book value, called intrinsic value, which is Abrdn ETFs' 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 Abrdn ETFs' market value can be influenced by many factors that don't directly affect Abrdn ETFs' 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 Abrdn ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Abrdn ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abrdn ETFs' 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.
Abrdn ETFs '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 Abrdn ETFs' 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 Abrdn ETFs.
| 02/10/2024 |
| 01/05/2025 |
If you would invest 0.00 in Abrdn ETFs on February 10, 2024 and sell it all today you would earn a total of 0.00 from holding abrdn ETFs or generate 0.0% return on investment in Abrdn ETFs over 330 days. Abrdn ETFs is related to or competes with HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, High-yield Municipal, Via Renewables, and Bondbloxx ETF. Abrdn ETFs is entity of United States. It is traded as Etf on NYSE ARCA exchange. More
Abrdn ETFs 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 Abrdn ETFs' 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 abrdn ETFs upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.91 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 1.29 |
Abrdn ETFs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abrdn ETFs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Abrdn ETFs' standard deviation. In reality, there are many statistical measures that can use Abrdn ETFs historical prices to predict the future Abrdn ETFs' volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.83) |
abrdn ETFs Backtested Returns
abrdn ETFs secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the etf had a -0.15% return per unit of risk over the last 3 months. abrdn ETFs exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Abrdn ETFs' Coefficient Of Variation of (764.18), risk adjusted performance of (0.10), and Standard Deviation of 1.1 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Abrdn ETFs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Abrdn ETFs is expected to be smaller as well.
Auto-correlation | 0.79 |
Good predictability
abrdn ETFs has good predictability. Overlapping area represents the amount of predictability between Abrdn ETFs time series from 10th of February 2024 to 24th of July 2024 and 24th of July 2024 to 5th 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 abrdn ETFs price movement. The serial correlation of 0.79 indicates that around 79.0% of current Abrdn ETFs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
abrdn ETFs lagged returns against current returns
Autocorrelation, which is Abrdn ETFs 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 Abrdn ETFs' etf expected returns. We can calculate the autocorrelation of Abrdn ETFs returns to help us make a trade decision. For example, suppose you find that Abrdn ETFs 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 |
Abrdn ETFs 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 Abrdn ETFs etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Abrdn ETFs etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Abrdn ETFs etf over time.
Current vs Lagged Prices |
| Timeline |
Abrdn ETFs Lagged Returns
When evaluating Abrdn ETFs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Abrdn ETFs etf have on its future price. Abrdn ETFs 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, Abrdn ETFs autocorrelation shows the relationship between Abrdn ETFs etf current value and its past values and can show if there is a momentum factor associated with investing in abrdn ETFs .
Regressed Prices |
| Timeline |
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Abrdn ETFs 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.