Trend ETF (Brazil) Market Value
| EURP11 Etf | BRL 13.18 0.13 1.00% |
| Symbol | Trend |
Please note, there is a significant difference between Trend ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trend ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trend ETF'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.
Trend ETF '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 Trend ETF'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 Trend ETF.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Trend ETF on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Trend ETF MSCI or generate 0.0% return on investment in Trend ETF over 390 days. Trend ETF is related to or competes with Energisa, BTG Pactual, Plano Plano, Companhia Habitasul, Telefonaktiebolaget, Cable One, and British American. More
Trend ETF 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 Trend ETF'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 Trend ETF MSCI upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.54 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.58 |
Trend ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trend ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trend ETF's standard deviation. In reality, there are many statistical measures that can use Trend ETF historical prices to predict the future Trend ETF's volatility.| Risk Adjusted Performance | 0.0464 | |||
| Jensen Alpha | 0.0507 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (2.88) |
Trend ETF MSCI Backtested Returns
At this point, Trend ETF is very steady. Trend ETF MSCI owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0438, which indicates the etf had a 0.0438% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Trend ETF MSCI, which you can use to evaluate the volatility of the etf. Please validate Trend ETF's Risk Adjusted Performance of 0.0464, semi deviation of 0.9258, and Coefficient Of Variation of 1656.55 to confirm if the risk estimate we provide is consistent with the expected return of 0.0437%. The entity has a beta of -0.017, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Trend ETF are expected to decrease at a much lower rate. During the bear market, Trend ETF is likely to outperform the market.
Auto-correlation | 0.60 |
Good predictability
Trend ETF MSCI has good predictability. Overlapping area represents the amount of predictability between Trend ETF time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Trend ETF MSCI price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Trend ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Trend ETF MSCI lagged returns against current returns
Autocorrelation, which is Trend ETF 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 Trend ETF's etf expected returns. We can calculate the autocorrelation of Trend ETF returns to help us make a trade decision. For example, suppose you find that Trend ETF 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 |
Trend ETF 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 Trend ETF etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trend ETF etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trend ETF etf over time.
Current vs Lagged Prices |
| Timeline |
Trend ETF Lagged Returns
When evaluating Trend ETF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trend ETF etf have on its future price. Trend ETF 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, Trend ETF autocorrelation shows the relationship between Trend ETF etf current value and its past values and can show if there is a momentum factor associated with investing in Trend ETF MSCI.
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 Trend Etf
Trend ETF financial ratios help investors to determine whether Trend 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 Trend with respect to the benefits of owning Trend ETF security.