Stratssm Certificates Series Stock Market Value
| GJS Stock | USD 23.00 0.15 0.65% |
| Symbol | STRATSSM |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of STRATSSM Certificates. If investors know STRATSSM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about STRATSSM Certificates listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of STRATSSM Certificates is measured differently than its book value, which is the value of STRATSSM that is recorded on the company's balance sheet. Investors also form their own opinion of STRATSSM Certificates' value that differs from its market value or its book value, called intrinsic value, which is STRATSSM Certificates' 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 STRATSSM Certificates' market value can be influenced by many factors that don't directly affect STRATSSM Certificates' 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 STRATSSM Certificates' value and its price as these two are different measures arrived at by different means. Investors typically determine if STRATSSM Certificates is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STRATSSM Certificates' 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.
STRATSSM Certificates '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 STRATSSM Certificates' stock 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 STRATSSM Certificates.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in STRATSSM Certificates on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding STRATSSM Certificates series or generate 0.0% return on investment in STRATSSM Certificates over 30 days. STRATSSM Certificates is related to or competes with STRATS SM, Strats SM, STRATS SM, Strats SM, and Strats Trust. STRATSSM Certificates is entity of United States More
STRATSSM Certificates 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 STRATSSM Certificates' stock 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 STRATSSM Certificates series upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9101 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.78 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.01 |
STRATSSM Certificates Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for STRATSSM Certificates' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as STRATSSM Certificates' standard deviation. In reality, there are many statistical measures that can use STRATSSM Certificates historical prices to predict the future STRATSSM Certificates' volatility.| Risk Adjusted Performance | 0.0194 | |||
| Jensen Alpha | 0.0164 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.07) |
STRATSSM Certificates Backtested Returns
Currently, STRATSSM Certificates series is very steady. STRATSSM Certificates owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0284, which indicates the firm had a 0.0284% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for STRATSSM Certificates series, which you can use to evaluate the volatility of the company. Please validate STRATSSM Certificates' coefficient of variation of 3603.17, and Risk Adjusted Performance of 0.0194 to confirm if the risk estimate we provide is consistent with the expected return of 0.0196%. STRATSSM Certificates has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning STRATSSM Certificates are expected to decrease at a much lower rate. During the bear market, STRATSSM Certificates is likely to outperform the market. STRATSSM Certificates presently has a risk of 0.69%. Please validate STRATSSM Certificates value at risk, as well as the relationship between the skewness and day median price , to decide if STRATSSM Certificates will be following its existing price patterns.
Auto-correlation | 0.35 |
Below average predictability
STRATSSM Certificates series has below average predictability. Overlapping area represents the amount of predictability between STRATSSM Certificates time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 STRATSSM Certificates price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current STRATSSM Certificates price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
STRATSSM Certificates lagged returns against current returns
Autocorrelation, which is STRATSSM Certificates stock'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 STRATSSM Certificates' stock expected returns. We can calculate the autocorrelation of STRATSSM Certificates returns to help us make a trade decision. For example, suppose you find that STRATSSM Certificates has exhibited high autocorrelation historically, and you observe that the stock 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 |
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STRATSSM Certificates 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 STRATSSM Certificates stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if STRATSSM Certificates stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in STRATSSM Certificates stock over time.
Current vs Lagged Prices |
| Timeline |
STRATSSM Certificates Lagged Returns
When evaluating STRATSSM Certificates' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of STRATSSM Certificates stock have on its future price. STRATSSM Certificates 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, STRATSSM Certificates autocorrelation shows the relationship between STRATSSM Certificates stock current value and its past values and can show if there is a momentum factor associated with investing in STRATSSM Certificates series.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for STRATSSM Stock Analysis
When running STRATSSM Certificates' price analysis, check to measure STRATSSM Certificates' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy STRATSSM Certificates is operating at the current time. Most of STRATSSM Certificates' value examination focuses on studying past and present price action to predict the probability of STRATSSM Certificates' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STRATSSM Certificates' price. Additionally, you may evaluate how the addition of STRATSSM Certificates to your portfolios can decrease your overall portfolio volatility.