Global Mofy Metaverse Etf Market Value
| GMM Etf | USD 4.12 0.02 0.49% |
| Symbol | Global |
The market value of Global Mofy Metaverse is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Mofy's value that differs from its market value or its book value, called intrinsic value, which is Global Mofy'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 Global Mofy's market value can be influenced by many factors that don't directly affect Global Mofy'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 Global Mofy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Mofy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Mofy'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.
Global Mofy '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 Global Mofy'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 Global Mofy.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Global Mofy on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Global Mofy Metaverse or generate 0.0% return on investment in Global Mofy over 90 days. Global Mofy is related to or competes with Olo, Jamf Holding, FT Vest, Zillow Group, Northern Lights, and VanEck Vectors. The investment seeks investment results that, before fees and expenses, correspond generally to the total return perform... More
Global Mofy 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 Global Mofy'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 Global Mofy Metaverse upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.41 | |||
| Information Ratio | 0.1058 | |||
| Maximum Drawdown | 35.16 | |||
| Value At Risk | (7.87) | |||
| Potential Upside | 13.65 |
Global Mofy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Mofy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Mofy's standard deviation. In reality, there are many statistical measures that can use Global Mofy historical prices to predict the future Global Mofy's volatility.| Risk Adjusted Performance | 0.0819 | |||
| Jensen Alpha | 0.6546 | |||
| Total Risk Alpha | 1.75 | |||
| Sortino Ratio | 0.1346 | |||
| Treynor Ratio | 1.22 |
Global Mofy Metaverse Backtested Returns
Global Mofy appears to be very risky, given 3 months investment horizon. Global Mofy Metaverse holds Efficiency (Sharpe) Ratio of 0.0768, which attests that the entity had a 0.0768 % return per unit of risk over the last 3 months. By evaluating Global Mofy's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Global Mofy's Downside Deviation of 5.41, risk adjusted performance of 0.0819, and Market Risk Adjusted Performance of 1.23 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of 0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Mofy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Mofy is expected to be smaller as well.
Auto-correlation | 0.28 |
Poor predictability
Global Mofy Metaverse has poor predictability. Overlapping area represents the amount of predictability between Global Mofy time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Global Mofy Metaverse price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Global Mofy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Global Mofy Metaverse lagged returns against current returns
Autocorrelation, which is Global Mofy 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 Global Mofy's etf expected returns. We can calculate the autocorrelation of Global Mofy returns to help us make a trade decision. For example, suppose you find that Global Mofy 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 |
Global Mofy 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 Global Mofy etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Mofy etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Mofy etf over time.
Current vs Lagged Prices |
| Timeline |
Global Mofy Lagged Returns
When evaluating Global Mofy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Mofy etf have on its future price. Global Mofy 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, Global Mofy autocorrelation shows the relationship between Global Mofy etf current value and its past values and can show if there is a momentum factor associated with investing in Global Mofy Metaverse.
Regressed Prices |
| Timeline |
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Global Mofy financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Mofy security.