Flexshares Stoxx Esg Etf Market Value
| ESG Etf | USD 143.04 0.00 0.00% |
| Symbol | FlexShares |
The market value of FlexShares STOXX ESG is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares STOXX's value that differs from its market value or its book value, called intrinsic value, which is FlexShares STOXX'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 FlexShares STOXX's market value can be influenced by many factors that don't directly affect FlexShares STOXX'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 FlexShares STOXX's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares STOXX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares STOXX'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.
FlexShares STOXX '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 FlexShares STOXX'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 FlexShares STOXX.
| 02/04/2023 |
| 01/24/2025 |
If you would invest 0.00 in FlexShares STOXX on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding FlexShares STOXX ESG or generate 0.0% return on investment in FlexShares STOXX over 720 days. FlexShares STOXX is related to or competes with IShares ESG, FlexShares STOXX, IShares ESG, IShares ESG, and Vanguard ESG. The index is designed to reflect the performance of a selection of companies that, in aggregate, score better with respe... More
FlexShares STOXX 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 FlexShares STOXX'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 FlexShares STOXX ESG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9075 | |||
| Information Ratio | 0.0181 | |||
| Maximum Drawdown | 5.35 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.12 |
FlexShares STOXX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FlexShares STOXX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FlexShares STOXX's standard deviation. In reality, there are many statistical measures that can use FlexShares STOXX historical prices to predict the future FlexShares STOXX's volatility.| Risk Adjusted Performance | 0.0669 | |||
| Jensen Alpha | 0.0517 | |||
| Total Risk Alpha | 0.0173 | |||
| Sortino Ratio | 0.0156 | |||
| Treynor Ratio | 4.92 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FlexShares STOXX'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.
FlexShares STOXX ESG Backtested Returns
At this point, FlexShares STOXX is very steady. FlexShares STOXX ESG secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the etf had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for FlexShares STOXX ESG, which you can use to evaluate the volatility of the entity. Please confirm FlexShares STOXX's Downside Deviation of 0.9075, coefficient of variation of 1254.98, and Mean Deviation of 0.5565 to check if the risk estimate we provide is consistent with the expected return of 0.0895%. The etf shows a Beta (market volatility) of 0.0106, which means not very significant fluctuations relative to the market. As returns on the market increase, FlexShares STOXX's returns are expected to increase less than the market. However, during the bear market, the loss of holding FlexShares STOXX is expected to be smaller as well.
Auto-correlation | 0.82 |
Very good predictability
FlexShares STOXX ESG has very good predictability. Overlapping area represents the amount of predictability between FlexShares STOXX time series from 4th of February 2023 to 30th of January 2024 and 30th of January 2024 to 24th of January 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 FlexShares STOXX ESG price movement. The serial correlation of 0.82 indicates that around 82.0% of current FlexShares STOXX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 51.27 |
FlexShares STOXX ESG lagged returns against current returns
Autocorrelation, which is FlexShares STOXX 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 FlexShares STOXX's etf expected returns. We can calculate the autocorrelation of FlexShares STOXX returns to help us make a trade decision. For example, suppose you find that FlexShares STOXX 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 |
FlexShares STOXX 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 FlexShares STOXX etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FlexShares STOXX etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FlexShares STOXX etf over time.
Current vs Lagged Prices |
| Timeline |
FlexShares STOXX Lagged Returns
When evaluating FlexShares STOXX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FlexShares STOXX etf have on its future price. FlexShares STOXX 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, FlexShares STOXX autocorrelation shows the relationship between FlexShares STOXX etf current value and its past values and can show if there is a momentum factor associated with investing in FlexShares STOXX ESG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether FlexShares STOXX ESG is a strong investment it is important to analyze FlexShares STOXX'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 FlexShares STOXX's future performance. For an informed investment choice regarding FlexShares Etf, refer to the following important reports:Check out FlexShares STOXX Correlation, FlexShares STOXX Volatility and FlexShares STOXX Alpha and Beta module to complement your research on FlexShares STOXX. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
FlexShares STOXX 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.