Embrace Change Acquisition Etf Market Value
| EMCG Etf | USD 11.94 0.01 0.08% |
| Symbol | Embrace |
The market value of Embrace Change Acqui is measured differently than its book value, which is the value of Embrace that is recorded on the company's balance sheet. Investors also form their own opinion of Embrace Change's value that differs from its market value or its book value, called intrinsic value, which is Embrace Change'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 Embrace Change's market value can be influenced by many factors that don't directly affect Embrace Change'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 Embrace Change's value and its price as these two are different measures arrived at by different means. Investors typically determine if Embrace Change is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Embrace Change'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.
Embrace Change '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 Embrace Change'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 Embrace Change.
| 04/09/2023 |
| 02/27/2025 |
If you would invest 0.00 in Embrace Change on April 9, 2023 and sell it all today you would earn a total of 0.00 from holding Embrace Change Acquisition or generate 0.0% return on investment in Embrace Change over 690 days. Embrace Change is related to or competes with Eaton Vance, Blackrock Enhanced, Cohen, BlackRock Science, Columbia Seligman, Eaton Vance, and Eaton Vance. Embrace Change Acquisition Corp. focuses on entering into a merger, share exchange, asset acquisition, share purchase, r... More
Embrace Change 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 Embrace Change'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 Embrace Change Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0848 | |||
| Maximum Drawdown | 3.66 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.6768 |
Embrace Change Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Embrace Change's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Embrace Change's standard deviation. In reality, there are many statistical measures that can use Embrace Change historical prices to predict the future Embrace Change's volatility.| Risk Adjusted Performance | 0.0616 | |||
| Jensen Alpha | 0.0304 | |||
| Total Risk Alpha | 0.0346 | |||
| Treynor Ratio | (0.55) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Embrace Change'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.
Embrace Change Acqui Backtested Returns
At this point, Embrace Change is very steady. Embrace Change Acqui secures Sharpe Ratio (or Efficiency) of 0.0896, which denotes the etf had a 0.0896 % return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for Embrace Change Acquisition, which you can use to evaluate the volatility of the entity. Please confirm Embrace Change's Coefficient Of Variation of 1076.69, mean deviation of 0.182, and Standard Deviation of 0.4391 to check if the risk estimate we provide is consistent with the expected return of 0.0413%. The etf shows a Beta (market volatility) of -0.0559, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Embrace Change are expected to decrease at a much lower rate. During the bear market, Embrace Change is likely to outperform the market.
Auto-correlation | 0.97 |
Excellent predictability
Embrace Change Acquisition has excellent predictability. Overlapping area represents the amount of predictability between Embrace Change time series from 9th of April 2023 to 19th of March 2024 and 19th of March 2024 to 27th 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 Embrace Change Acqui price movement. The serial correlation of 0.97 indicates that 97.0% of current Embrace Change price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.97 | |
| Spearman Rank Test | 0.98 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Embrace Change Acqui lagged returns against current returns
Autocorrelation, which is Embrace Change 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 Embrace Change's etf expected returns. We can calculate the autocorrelation of Embrace Change returns to help us make a trade decision. For example, suppose you find that Embrace Change 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 |
Embrace Change 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 Embrace Change etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Embrace Change etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Embrace Change etf over time.
Current vs Lagged Prices |
| Timeline |
Embrace Change Lagged Returns
When evaluating Embrace Change's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Embrace Change etf have on its future price. Embrace Change 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, Embrace Change autocorrelation shows the relationship between Embrace Change etf current value and its past values and can show if there is a momentum factor associated with investing in Embrace Change Acquisition.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Embrace Etf
Embrace Change financial ratios help investors to determine whether Embrace 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 Embrace with respect to the benefits of owning Embrace Change security.