ETF Diario (Mexico) Market Value
| DIABLOI10 | MXN 12.62 0.08 0.63% |
| Symbol | ETF |
Please note, there is a significant difference between ETF Diario's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Diario is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Diario'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.
ETF Diario '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 ETF Diario'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 ETF Diario.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in ETF Diario on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding ETF Diario Inverso or generate 0.0% return on investment in ETF Diario over 720 days. ETF Diario is related to or competes with Vanguard Index, Vanguard Index, Vanguard STAR, SPDR SP, IShares Trust, Vanguard Bond, and Invesco QQQ. ETF Diario Inverso de Bolsa is an exchange traded fund launched and managed by Actinver Tracs, S More
ETF Diario 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 ETF Diario'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 ETF Diario Inverso upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.0 | |||
| Information Ratio | 0.0536 | |||
| Maximum Drawdown | 3.47 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.44 |
ETF Diario Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETF Diario's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ETF Diario's standard deviation. In reality, there are many statistical measures that can use ETF Diario historical prices to predict the future ETF Diario's volatility.| Risk Adjusted Performance | 0.0727 | |||
| Jensen Alpha | 0.0723 | |||
| Total Risk Alpha | 0.0445 | |||
| Sortino Ratio | 0.0465 | |||
| Treynor Ratio | (0.44) |
ETF Diario Inverso Backtested Returns
ETF Diario is very steady at the moment. ETF Diario Inverso secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the etf had a 0.15% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for ETF Diario Inverso, which you can use to evaluate the volatility of the entity. Please confirm ETF Diario's mean deviation of 0.6965, and Downside Deviation of 1.0 to check if the risk estimate we provide is consistent with the expected return of 0.12%. The etf shows a Beta (market volatility) of -0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ETF Diario are expected to decrease at a much lower rate. During the bear market, ETF Diario is likely to outperform the market.
Auto-correlation | 0.62 |
Good predictability
ETF Diario Inverso has good predictability. Overlapping area represents the amount of predictability between ETF Diario time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 ETF Diario Inverso price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current ETF Diario price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
ETF Diario Inverso lagged returns against current returns
Autocorrelation, which is ETF Diario 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 ETF Diario's etf expected returns. We can calculate the autocorrelation of ETF Diario returns to help us make a trade decision. For example, suppose you find that ETF Diario 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 |
ETF Diario 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 ETF Diario etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ETF Diario etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ETF Diario etf over time.
Current vs Lagged Prices |
| Timeline |
ETF Diario Lagged Returns
When evaluating ETF Diario's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ETF Diario etf have on its future price. ETF Diario 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, ETF Diario autocorrelation shows the relationship between ETF Diario etf current value and its past values and can show if there is a momentum factor associated with investing in ETF Diario Inverso.
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.Other Information on Investing in ETF Etf
ETF Diario financial ratios help investors to determine whether ETF Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ETF with respect to the benefits of owning ETF Diario security.