TrimTabs Donoghue Forlines Market Value
| DFNVDelisted Etf | USD 37.72 0.27 0.72% |
| Symbol | TrimTabs |
TrimTabs Donoghue '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 TrimTabs Donoghue'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 TrimTabs Donoghue.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in TrimTabs Donoghue on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding TrimTabs Donoghue Forlines or generate 0.0% return on investment in TrimTabs Donoghue over 720 days. TrimTabs Donoghue is related to or competes with TrimTabs Donoghue, First Trust, FT Cboe, and FT Cboe. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80 percent of its net ... More
TrimTabs Donoghue 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 TrimTabs Donoghue'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 TrimTabs Donoghue Forlines upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8699 | |||
| Information Ratio | 0.1947 | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.91 |
TrimTabs Donoghue Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TrimTabs Donoghue's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TrimTabs Donoghue's standard deviation. In reality, there are many statistical measures that can use TrimTabs Donoghue historical prices to predict the future TrimTabs Donoghue's volatility.| Risk Adjusted Performance | 0.1967 | |||
| Jensen Alpha | 0.2324 | |||
| Total Risk Alpha | 0.1631 | |||
| Sortino Ratio | 0.205 | |||
| Treynor Ratio | 3.73 |
TrimTabs Donoghue Backtested Returns
TrimTabs Donoghue appears to be very steady, given 3 months investment horizon. TrimTabs Donoghue owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the etf had a 0.23% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TrimTabs Donoghue Forlines, which you can use to evaluate the volatility of the etf. Please review TrimTabs Donoghue's Risk Adjusted Performance of 0.1967, coefficient of variation of 372.36, and Semi Deviation of 0.5759 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.0632, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TrimTabs Donoghue's returns are expected to increase less than the market. However, during the bear market, the loss of holding TrimTabs Donoghue is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
TrimTabs Donoghue Forlines has good predictability. Overlapping area represents the amount of predictability between TrimTabs Donoghue time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th 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 TrimTabs Donoghue price movement. The serial correlation of 0.78 indicates that around 78.0% of current TrimTabs Donoghue price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 6.59 |
TrimTabs Donoghue lagged returns against current returns
Autocorrelation, which is TrimTabs Donoghue 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 TrimTabs Donoghue's etf expected returns. We can calculate the autocorrelation of TrimTabs Donoghue returns to help us make a trade decision. For example, suppose you find that TrimTabs Donoghue 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 |
TrimTabs Donoghue 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 TrimTabs Donoghue etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TrimTabs Donoghue etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TrimTabs Donoghue etf over time.
Current vs Lagged Prices |
| Timeline |
TrimTabs Donoghue Lagged Returns
When evaluating TrimTabs Donoghue's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TrimTabs Donoghue etf have on its future price. TrimTabs Donoghue 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, TrimTabs Donoghue autocorrelation shows the relationship between TrimTabs Donoghue etf current value and its past values and can show if there is a momentum factor associated with investing in TrimTabs Donoghue Forlines.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out TrimTabs Donoghue Correlation, TrimTabs Donoghue Volatility and TrimTabs Donoghue Alpha and Beta module to complement your research on TrimTabs Donoghue. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in TrimTabs Etf
If you are still planning to invest in TrimTabs Donoghue check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TrimTabs Donoghue's history and understand the potential risks before investing.
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