Insight Select Income Etf Market Value
| INSI Etf | USD 17.60 0.03 0.17% |
| Symbol | Insight |
The market value of Insight Select Income is measured differently than its book value, which is the value of Insight that is recorded on the company's balance sheet. Investors also form their own opinion of Insight Select's value that differs from its market value or its book value, called intrinsic value, which is Insight Select'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 Insight Select's market value can be influenced by many factors that don't directly affect Insight Select'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 Insight Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Insight Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insight Select'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.
Insight Select '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 Insight Select'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 Insight Select.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Insight Select on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Insight Select Income or generate 0.0% return on investment in Insight Select over 60 days. Insight Select is related to or competes with Blackrock Enhanced, Eaton Vance, Nuveen New, Nuveen California, MFS Investment, Federated Premier, and Ellsworth Convertible. Insight Select Income Fund is a closed ended fixed income mutual fund launched and managed by Cutwater Asset Management ... More
Insight Select 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 Insight Select'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 Insight Select Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7912 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.63 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.25 |
Insight Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Insight Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Insight Select's standard deviation. In reality, there are many statistical measures that can use Insight Select historical prices to predict the future Insight Select's volatility.| Risk Adjusted Performance | 0.0575 | |||
| Jensen Alpha | 0.0467 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.5894 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Insight Select's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Insight Select Income Backtested Returns
Insight Select is very steady at the moment. Insight Select Income holds Efficiency (Sharpe) Ratio of 0.06, which attests that the entity had a 0.06% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Insight Select Income, which you can use to evaluate the volatility of the entity. Please check out Insight Select's Risk Adjusted Performance of 0.0575, market risk adjusted performance of 0.5994, and Downside Deviation of 0.7912 to validate if the risk estimate we provide is consistent with the expected return of 0.0533%. The etf retains a Market Volatility (i.e., Beta) of 0.0984, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Insight Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Insight Select is expected to be smaller as well.
Auto-correlation | -0.68 |
Very good reverse predictability
Insight Select Income has very good reverse predictability. Overlapping area represents the amount of predictability between Insight Select time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Insight Select Income price movement. The serial correlation of -0.68 indicates that around 68.0% of current Insight Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Insight Select Income lagged returns against current returns
Autocorrelation, which is Insight Select 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 Insight Select's etf expected returns. We can calculate the autocorrelation of Insight Select returns to help us make a trade decision. For example, suppose you find that Insight Select 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 |
Insight Select 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 Insight Select etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Insight Select etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Insight Select etf over time.
Current vs Lagged Prices |
| Timeline |
Insight Select Lagged Returns
When evaluating Insight Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Insight Select etf have on its future price. Insight Select 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, Insight Select autocorrelation shows the relationship between Insight Select etf current value and its past values and can show if there is a momentum factor associated with investing in Insight Select Income.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Insight Etf
Insight Select financial ratios help investors to determine whether Insight 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 Insight with respect to the benefits of owning Insight Select security.