Aptus Large Cap Etf Market Value
| DUBS Etf | 32.83 0.16 0.48% |
| Symbol | Aptus |
The market value of Aptus Large Cap is measured differently than its book value, which is the value of Aptus that is recorded on the company's balance sheet. Investors also form their own opinion of Aptus Large's value that differs from its market value or its book value, called intrinsic value, which is Aptus Large'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 Aptus Large's market value can be influenced by many factors that don't directly affect Aptus Large'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 Aptus Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aptus Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aptus Large'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.
Aptus Large '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 Aptus Large'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 Aptus Large.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Aptus Large on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Aptus Large Cap or generate 0.0% return on investment in Aptus Large over 30 days. Aptus Large is related to or competes with FT Vest, Northern Lights, Dimensional International, First Trust, EA Series, FT Cboe, and FT Cboe. More
Aptus Large 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 Aptus Large'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 Aptus Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9305 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.67 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.15 |
Aptus Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aptus Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aptus Large's standard deviation. In reality, there are many statistical measures that can use Aptus Large historical prices to predict the future Aptus Large's volatility.| Risk Adjusted Performance | 8.0E-4 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.03) |
Aptus Large Cap Backtested Returns
Aptus Large Cap secures Sharpe Ratio (or Efficiency) of -0.0112, which signifies that the etf had a -0.0112 % return per unit of risk over the last 3 months. Aptus Large Cap exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aptus Large's Mean Deviation of 0.5703, risk adjusted performance of 8.0E-4, and Downside Deviation of 0.9305 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aptus Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aptus Large is expected to be smaller as well.
Auto-correlation | -0.25 |
Weak reverse predictability
Aptus Large Cap has weak reverse predictability. Overlapping area represents the amount of predictability between Aptus Large time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Aptus Large Cap price movement. The serial correlation of -0.25 indicates that over 25.0% of current Aptus Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Aptus Large Cap lagged returns against current returns
Autocorrelation, which is Aptus Large 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 Aptus Large's etf expected returns. We can calculate the autocorrelation of Aptus Large returns to help us make a trade decision. For example, suppose you find that Aptus Large 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 |
Aptus Large 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 Aptus Large etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aptus Large etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aptus Large etf over time.
Current vs Lagged Prices |
| Timeline |
Aptus Large Lagged Returns
When evaluating Aptus Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aptus Large etf have on its future price. Aptus Large 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, Aptus Large autocorrelation shows the relationship between Aptus Large etf current value and its past values and can show if there is a momentum factor associated with investing in Aptus Large Cap.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out Aptus Large Correlation, Aptus Large Volatility and Aptus Large Alpha and Beta module to complement your research on Aptus Large. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Aptus Large 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.