Cambria Global Value Etf Market Value
| GVAL Etf | USD 24.39 0.23 0.95% |
| Symbol | Cambria |
The market value of Cambria Global Value is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Global's value that differs from its market value or its book value, called intrinsic value, which is Cambria Global'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 Cambria Global's market value can be influenced by many factors that don't directly affect Cambria Global'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 Cambria Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria Global'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.
Cambria Global '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 Cambria Global'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 Cambria Global.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Cambria Global on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Cambria Global Value or generate 0.0% return on investment in Cambria Global over 90 days. Cambria Global is related to or competes with Cambria Foreign, Cambria Global, Cambria Emerging, Cambria Global, and Cambria Shareholder. The fund is actively managed and seeks to achieve its investment objective by investing, under normal market conditions,... More
Cambria Global 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 Cambria Global'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 Cambria Global Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.89 | |||
| Information Ratio | 0.1895 | |||
| Maximum Drawdown | 20.58 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.41 |
Cambria Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cambria Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cambria Global's standard deviation. In reality, there are many statistical measures that can use Cambria Global historical prices to predict the future Cambria Global's volatility.| Risk Adjusted Performance | 0.1128 | |||
| Jensen Alpha | 0.3742 | |||
| Total Risk Alpha | 0.6104 | |||
| Sortino Ratio | 0.2109 | |||
| Treynor Ratio | 0.3086 |
Cambria Global Value Backtested Returns
Cambria Global appears to be very steady, given 3 months investment horizon. Cambria Global Value secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the etf had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cambria Global Value, which you can use to evaluate the volatility of the entity. Please makes use of Cambria Global's Mean Deviation of 0.9636, downside deviation of 1.89, and Risk Adjusted Performance of 0.1128 to double-check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cambria Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cambria Global is expected to be smaller as well.
Auto-correlation | 0.71 |
Good predictability
Cambria Global Value has good predictability. Overlapping area represents the amount of predictability between Cambria Global 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 Cambria Global Value price movement. The serial correlation of 0.71 indicates that around 71.0% of current Cambria Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.84 |
Cambria Global Value lagged returns against current returns
Autocorrelation, which is Cambria Global 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 Cambria Global's etf expected returns. We can calculate the autocorrelation of Cambria Global returns to help us make a trade decision. For example, suppose you find that Cambria Global 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 |
Cambria Global 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 Cambria Global etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cambria Global etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cambria Global etf over time.
Current vs Lagged Prices |
| Timeline |
Cambria Global Lagged Returns
When evaluating Cambria Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cambria Global etf have on its future price. Cambria Global 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, Cambria Global autocorrelation shows the relationship between Cambria Global etf current value and its past values and can show if there is a momentum factor associated with investing in Cambria Global Value.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Cambria Global Correlation, Cambria Global Volatility and Cambria Global Alpha and Beta module to complement your research on Cambria Global. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Cambria Global 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.