Grizzle Growth Etf Market Value
| GRZZ Etf | USD 35.53 0.00 0.00% |
| Symbol | Grizzle |
The market value of Grizzle Growth ETF is measured differently than its book value, which is the value of Grizzle that is recorded on the company's balance sheet. Investors also form their own opinion of Grizzle Growth's value that differs from its market value or its book value, called intrinsic value, which is Grizzle Growth'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 Grizzle Growth's market value can be influenced by many factors that don't directly affect Grizzle Growth'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 Grizzle Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grizzle Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grizzle Growth'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.
Grizzle Growth '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 Grizzle Growth'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 Grizzle Growth.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Grizzle Growth on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Grizzle Growth ETF or generate 0.0% return on investment in Grizzle Growth over 30 days. Grizzle Growth is related to or competes with Hartford Large, and Northern Lights. The fund is an actively-managed exchange-traded fund that invests primarily in equity securities of companies, with a fo... More
Grizzle Growth 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 Grizzle Growth'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 Grizzle Growth ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.089 | |||
| Maximum Drawdown | 7.73 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 2.52 |
Grizzle Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grizzle Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grizzle Growth's standard deviation. In reality, there are many statistical measures that can use Grizzle Growth historical prices to predict the future Grizzle Growth's volatility.| Risk Adjusted Performance | 0.0995 | |||
| Jensen Alpha | 0.1556 | |||
| Total Risk Alpha | 0.1125 | |||
| Sortino Ratio | 0.0798 | |||
| Treynor Ratio | 3.14 |
Grizzle Growth ETF Backtested Returns
At this stage we consider Grizzle Etf to be very steady. Grizzle Growth ETF holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Grizzle Growth ETF, which you can use to evaluate the volatility of the entity. Please check out Grizzle Growth's Risk Adjusted Performance of 0.0995, downside deviation of 1.65, and Market Risk Adjusted Performance of 3.15 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. The etf retains a Market Volatility (i.e., Beta) of 0.0499, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grizzle Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grizzle Growth is expected to be smaller as well.
Auto-correlation | 0.51 |
Modest predictability
Grizzle Growth ETF has modest predictability. Overlapping area represents the amount of predictability between Grizzle Growth time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 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 Grizzle Growth ETF price movement. The serial correlation of 0.51 indicates that about 51.0% of current Grizzle Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.8 |
Grizzle Growth ETF lagged returns against current returns
Autocorrelation, which is Grizzle Growth 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 Grizzle Growth's etf expected returns. We can calculate the autocorrelation of Grizzle Growth returns to help us make a trade decision. For example, suppose you find that Grizzle Growth 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 |
Grizzle Growth 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 Grizzle Growth etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grizzle Growth etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grizzle Growth etf over time.
Current vs Lagged Prices |
| Timeline |
Grizzle Growth Lagged Returns
When evaluating Grizzle Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grizzle Growth etf have on its future price. Grizzle Growth 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, Grizzle Growth autocorrelation shows the relationship between Grizzle Growth etf current value and its past values and can show if there is a momentum factor associated with investing in Grizzle Growth ETF.
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.When determining whether Grizzle Growth ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grizzle Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grizzle Growth Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Grizzle Growth Etf:Check out Grizzle Growth Correlation, Grizzle Growth Volatility and Grizzle Growth Alpha and Beta module to complement your research on Grizzle Growth. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Grizzle Growth 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.