Freedom 100 Emerging Etf Market Value
| FRDM Etf | USD 34.41 0.25 0.73% |
| Symbol | Freedom |
The market value of Freedom 100 Emerging is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom 100's value that differs from its market value or its book value, called intrinsic value, which is Freedom 100'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 Freedom 100's market value can be influenced by many factors that don't directly affect Freedom 100'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 Freedom 100's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom 100 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom 100'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.
Freedom 100 '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 Freedom 100'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 Freedom 100.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Freedom 100 on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Freedom 100 Emerging or generate 0.0% return on investment in Freedom 100 over 390 days. Freedom 100 is related to or competes with Horizon Kinetics, IShares MSCI, IShares Emerging, WisdomTree International, and IShares 1. Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities o... More
Freedom 100 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 Freedom 100'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 Freedom 100 Emerging upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 6.15 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.83 |
Freedom 100 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freedom 100's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Freedom 100's standard deviation. In reality, there are many statistical measures that can use Freedom 100 historical prices to predict the future Freedom 100's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Freedom 100'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.
Freedom 100 Emerging Backtested Returns
Freedom 100 Emerging secures Sharpe Ratio (or Efficiency) of -0.0157, which denotes the etf had a -0.0157% return per unit of risk over the last 3 months. Freedom 100 Emerging exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Freedom 100's Standard Deviation of 1.09, variance of 1.19, and Mean Deviation of 0.8021 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, Freedom 100's returns are expected to increase less than the market. However, during the bear market, the loss of holding Freedom 100 is expected to be smaller as well.
Auto-correlation | 0.02 |
Virtually no predictability
Freedom 100 Emerging has virtually no predictability. Overlapping area represents the amount of predictability between Freedom 100 time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th 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 Freedom 100 Emerging price movement. The serial correlation of 0.02 indicates that only 2.0% of current Freedom 100 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
Freedom 100 Emerging lagged returns against current returns
Autocorrelation, which is Freedom 100 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 Freedom 100's etf expected returns. We can calculate the autocorrelation of Freedom 100 returns to help us make a trade decision. For example, suppose you find that Freedom 100 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 |
Freedom 100 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 Freedom 100 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Freedom 100 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Freedom 100 etf over time.
Current vs Lagged Prices |
| Timeline |
Freedom 100 Lagged Returns
When evaluating Freedom 100's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Freedom 100 etf have on its future price. Freedom 100 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, Freedom 100 autocorrelation shows the relationship between Freedom 100 etf current value and its past values and can show if there is a momentum factor associated with investing in Freedom 100 Emerging.
Regressed Prices |
| Timeline |
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Freedom 100 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.