Shell Plc Adrhedged Etf Market Value
| HSBH Etf | 64.09 1.58 2.53% |
| Symbol | Shell |
The market value of Shell plc ADRhedged is measured differently than its book value, which is the value of Shell that is recorded on the company's balance sheet. Investors also form their own opinion of Shell Plc's value that differs from its market value or its book value, called intrinsic value, which is Shell Plc'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 Shell Plc's market value can be influenced by many factors that don't directly affect Shell Plc'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 Shell Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shell Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shell Plc'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.
Shell Plc '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 Shell Plc'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 Shell Plc.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Shell Plc on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Shell plc ADRhedged or generate 0.0% return on investment in Shell Plc over 90 days. Shell Plc is related to or competes with Freedom Day, IShares MSCI, Tidal Trust, IShares Dividend, SmartETFs Dividend, Listed Funds, and Martin Currie. More
Shell Plc 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 Shell Plc'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 Shell plc ADRhedged upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.44 | |||
| Information Ratio | 0.2965 | |||
| Maximum Drawdown | 6.65 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.53 |
Shell Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shell Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shell Plc's standard deviation. In reality, there are many statistical measures that can use Shell Plc historical prices to predict the future Shell Plc's volatility.| Risk Adjusted Performance | 0.1942 | |||
| Jensen Alpha | 0.2545 | |||
| Total Risk Alpha | 0.433 | |||
| Sortino Ratio | 0.2639 | |||
| Treynor Ratio | (1.69) |
Shell plc ADRhedged Backtested Returns
Shell Plc appears to be very steady, given 3 months investment horizon. Shell plc ADRhedged owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the etf had a 0.22 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Shell plc ADRhedged, which you can use to evaluate the volatility of the etf. Please review Shell Plc's Risk Adjusted Performance of 0.1942, semi deviation of 1.14, and Coefficient Of Variation of 455.79 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Shell Plc are expected to decrease at a much lower rate. During the bear market, Shell Plc is likely to outperform the market.
Auto-correlation | 0.72 |
Good predictability
Shell plc ADRhedged has good predictability. Overlapping area represents the amount of predictability between Shell Plc time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Shell plc ADRhedged price movement. The serial correlation of 0.72 indicates that around 72.0% of current Shell Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 5.59 |
Shell plc ADRhedged lagged returns against current returns
Autocorrelation, which is Shell Plc 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 Shell Plc's etf expected returns. We can calculate the autocorrelation of Shell Plc returns to help us make a trade decision. For example, suppose you find that Shell Plc 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 |
Shell Plc 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 Shell Plc etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shell Plc etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shell Plc etf over time.
Current vs Lagged Prices |
| Timeline |
Shell Plc Lagged Returns
When evaluating Shell Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shell Plc etf have on its future price. Shell Plc 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, Shell Plc autocorrelation shows the relationship between Shell Plc etf current value and its past values and can show if there is a momentum factor associated with investing in Shell plc ADRhedged.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Shell plc ADRhedged offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shell Plc'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 Shell Plc Adrhedged Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Shell Plc Adrhedged Etf:Check out Shell Plc Correlation, Shell Plc Volatility and Shell Plc Alpha and Beta module to complement your research on Shell Plc. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Shell Plc 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.