Etfs Metal Securities Etf Market Value
| ETSLF Etf | USD 85.69 0.00 0.00% |
| Symbol | ETFS |
Please note, there is a significant difference between ETFS Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETFS Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETFS Metal'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.
ETFS Metal '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 ETFS Metal's otc 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 ETFS Metal.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in ETFS Metal on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding ETFS Metal Securities or generate 0.0% return on investment in ETFS Metal over 30 days. More
ETFS Metal 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 ETFS Metal's otc 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 ETFS Metal Securities upside and downside potential and time the market with a certain degree of confidence.
ETFS Metal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETFS Metal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ETFS Metal's standard deviation. In reality, there are many statistical measures that can use ETFS Metal historical prices to predict the future ETFS Metal's volatility.ETFS Metal Securities Backtested Returns
We have found three technical indicators for ETFS Metal Securities, which you can use to evaluate the volatility of the entity. The etf shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and ETFS Metal are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
ETFS Metal Securities has no correlation between past and present. Overlapping area represents the amount of predictability between ETFS Metal time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 ETFS Metal Securities price movement. The serial correlation of 0.0 indicates that just 0.0% of current ETFS Metal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ETFS Metal Securities lagged returns against current returns
Autocorrelation, which is ETFS Metal otc 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 ETFS Metal's otc etf expected returns. We can calculate the autocorrelation of ETFS Metal returns to help us make a trade decision. For example, suppose you find that ETFS Metal has exhibited high autocorrelation historically, and you observe that the otc 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 |
ETFS Metal 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 ETFS Metal otc etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ETFS Metal otc etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ETFS Metal otc etf over time.
Current vs Lagged Prices |
| Timeline |
ETFS Metal Lagged Returns
When evaluating ETFS Metal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ETFS Metal otc etf have on its future price. ETFS Metal 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, ETFS Metal autocorrelation shows the relationship between ETFS Metal otc etf current value and its past values and can show if there is a momentum factor associated with investing in ETFS Metal Securities.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ETFS OTC Etf
ETFS Metal financial ratios help investors to determine whether ETFS OTC 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 ETFS with respect to the benefits of owning ETFS Metal security.