LG Gerd's market value is the price at which a share of LG Gerd trades on a public exchange. It measures the collective expectations of LG Gerd Kommer investors about its performance. LG Gerd is trading at 11.86 as of the 22nd of December 2024, a 0.34% increase since the beginning of the trading day. The etf's lowest day price was 11.62. With this module, you can estimate the performance of a buy and hold strategy of LG Gerd Kommer and determine expected loss or profit from investing in LG Gerd over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
GERD
LG Gerd '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 LG Gerd'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 LG Gerd.
0.00
06/25/2024
No Change 0.00
0.0
In 5 months and 30 days
12/22/2024
0.00
If you would invest 0.00 in LG Gerd on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding LG Gerd Kommer or generate 0.0% return on investment in LG Gerd over 180 days.
LG Gerd 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 LG Gerd'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 LG Gerd Kommer upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for LG Gerd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LG Gerd's standard deviation. In reality, there are many statistical measures that can use LG Gerd historical prices to predict the future LG Gerd's volatility.
At this point, LG Gerd is very steady. LG Gerd Kommer retains Efficiency (Sharpe Ratio) of 0.14, which conveys that the entity had a 0.14% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for LG Gerd, which you can use to evaluate the volatility of the etf. Please verify LG Gerd's Standard Deviation of 0.6883, market risk adjusted performance of 0.4787, and Mean Deviation of 0.5339 to check out if the risk estimate we provide is consistent with the expected return of 0.0945%. The etf owns a Beta (Systematic Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LG Gerd's returns are expected to increase less than the market. However, during the bear market, the loss of holding LG Gerd is expected to be smaller as well.
Auto-correlation
0.04
Virtually no predictability
LG Gerd Kommer has virtually no predictability. Overlapping area represents the amount of predictability between LG Gerd time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 LG Gerd Kommer price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current LG Gerd price fluctuation can be explain by its past prices.
Correlation Coefficient
0.04
Spearman Rank Test
0.02
Residual Average
0.0
Price Variance
0.09
LG Gerd Kommer lagged returns against current returns
Autocorrelation, which is LG Gerd 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 LG Gerd's etf expected returns. We can calculate the autocorrelation of LG Gerd returns to help us make a trade decision. For example, suppose you find that LG Gerd 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
LG Gerd 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 LG Gerd etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LG Gerd etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LG Gerd etf over time.
Current vs Lagged Prices
Timeline
LG Gerd Lagged Returns
When evaluating LG Gerd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LG Gerd etf have on its future price. LG Gerd 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, LG Gerd autocorrelation shows the relationship between LG Gerd etf current value and its past values and can show if there is a momentum factor associated with investing in LG Gerd Kommer.
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.