Unusual Whales Subversive Etf Market Value
| KRUZ Etf | 31.52 0.56 1.75% |
| Symbol | Unusual |
The market value of Unusual Whales Subversive is measured differently than its book value, which is the value of Unusual that is recorded on the company's balance sheet. Investors also form their own opinion of Unusual Whales' value that differs from its market value or its book value, called intrinsic value, which is Unusual Whales' 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 Unusual Whales' market value can be influenced by many factors that don't directly affect Unusual Whales' 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 Unusual Whales' value and its price as these two are different measures arrived at by different means. Investors typically determine if Unusual Whales is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unusual Whales' 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.
Unusual Whales '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 Unusual Whales' 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 Unusual Whales.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Unusual Whales on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Unusual Whales Subversive or generate 0.0% return on investment in Unusual Whales over 720 days. Unusual Whales is related to or competes with SPDR SP, Vanguard Dividend, and Dimensional Core. Unusual Whales is entity of United States More
Unusual Whales 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 Unusual Whales' 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 Unusual Whales Subversive upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7017 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.51 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 1.09 |
Unusual Whales Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unusual Whales' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unusual Whales' standard deviation. In reality, there are many statistical measures that can use Unusual Whales historical prices to predict the future Unusual Whales' volatility.| Risk Adjusted Performance | 0.0417 | |||
| Jensen Alpha | 0.0265 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2559 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Unusual Whales' 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.
Unusual Whales Subversive Backtested Returns
At this stage we consider Unusual Etf to be very steady. Unusual Whales Subversive owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0113, which indicates the etf had a 0.0113% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Unusual Whales Subversive, which you can use to evaluate the volatility of the etf. Please validate Unusual Whales' Risk Adjusted Performance of 0.0417, coefficient of variation of 1909.37, and Semi Deviation of 0.6591 to confirm if the risk estimate we provide is consistent with the expected return of 0.0095%. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Unusual Whales' returns are expected to increase less than the market. However, during the bear market, the loss of holding Unusual Whales is expected to be smaller as well.
Auto-correlation | 0.61 |
Good predictability
Unusual Whales Subversive has good predictability. Overlapping area represents the amount of predictability between Unusual Whales time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 Unusual Whales Subversive price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Unusual Whales price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 1.89 |
Unusual Whales Subversive lagged returns against current returns
Autocorrelation, which is Unusual Whales 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 Unusual Whales' etf expected returns. We can calculate the autocorrelation of Unusual Whales returns to help us make a trade decision. For example, suppose you find that Unusual Whales 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 |
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Unusual Whales 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 Unusual Whales etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unusual Whales etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unusual Whales etf over time.
Current vs Lagged Prices |
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Unusual Whales Lagged Returns
When evaluating Unusual Whales' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unusual Whales etf have on its future price. Unusual Whales 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, Unusual Whales autocorrelation shows the relationship between Unusual Whales etf current value and its past values and can show if there is a momentum factor associated with investing in Unusual Whales Subversive.
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 Unusual Whales Subversive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Unusual Whales' 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 Unusual Whales Subversive Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Unusual Whales Subversive Etf:Check out Unusual Whales Correlation, Unusual Whales Volatility and Unusual Whales Alpha and Beta module to complement your research on Unusual Whales. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Unusual Whales 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.