Main Buywrite Etf Market Value
| BUYW Etf | USD 13.77 0.12 0.88% |
| Symbol | Main |
The market value of Main Buywrite ETF is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Buywrite's value that differs from its market value or its book value, called intrinsic value, which is Main Buywrite'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 Main Buywrite's market value can be influenced by many factors that don't directly affect Main Buywrite'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 Main Buywrite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Buywrite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Buywrite'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.
Main Buywrite '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 Main Buywrite'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 Main Buywrite.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Main Buywrite on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Main Buywrite ETF or generate 0.0% return on investment in Main Buywrite over 90 days. Main Buywrite is related to or competes with Main Sector, IShares Trust, Janus Detroit, Bondbloxx ETF, and Main Thematic. The fund invests in domestic and international exchange-traded funds to provide investors with sustained exposure to dom... More
Main Buywrite 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 Main Buywrite'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 Main Buywrite ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.242 | |||
| Maximum Drawdown | 2.1 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.5861 |
Main Buywrite Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Main Buywrite's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Main Buywrite's standard deviation. In reality, there are many statistical measures that can use Main Buywrite historical prices to predict the future Main Buywrite's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | 0.0131 | |||
| Total Risk Alpha | 0.0324 | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Main Buywrite'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.
Main Buywrite ETF Backtested Returns
Main Buywrite ETF has Sharpe Ratio of -0.0104, which conveys that the entity had a -0.0104 % return per unit of risk over the last 3 months. Main Buywrite exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Main Buywrite's Risk Adjusted Performance of (0.03), standard deviation of 0.3851, and Mean Deviation of 0.2764 to check out the risk estimate we provide. The etf secures a Beta (Market Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Main Buywrite's returns are expected to increase less than the market. However, during the bear market, the loss of holding Main Buywrite is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
Main Buywrite ETF has very good reverse predictability. Overlapping area represents the amount of predictability between Main Buywrite time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Main Buywrite ETF price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Main Buywrite price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Main Buywrite ETF lagged returns against current returns
Autocorrelation, which is Main Buywrite 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 Main Buywrite's etf expected returns. We can calculate the autocorrelation of Main Buywrite returns to help us make a trade decision. For example, suppose you find that Main Buywrite 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 |
Main Buywrite 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 Main Buywrite etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Main Buywrite etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Main Buywrite etf over time.
Current vs Lagged Prices |
| Timeline |
Main Buywrite Lagged Returns
When evaluating Main Buywrite's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Main Buywrite etf have on its future price. Main Buywrite 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, Main Buywrite autocorrelation shows the relationship between Main Buywrite etf current value and its past values and can show if there is a momentum factor associated with investing in Main Buywrite ETF.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Main Buywrite ETF is a strong investment it is important to analyze Main Buywrite'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 Main Buywrite's future performance. For an informed investment choice regarding Main Etf, refer to the following important reports:Check out Main Buywrite Correlation, Main Buywrite Volatility and Main Buywrite Alpha and Beta module to complement your research on Main Buywrite. 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..
Main Buywrite 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.