Relative Sentiment Tactical Etf Market Value
| MOOD Etf | USD 31.00 0.30 0.98% |
| Symbol | Relative |
The market value of Relative Sentiment is measured differently than its book value, which is the value of Relative that is recorded on the company's balance sheet. Investors also form their own opinion of Relative Sentiment's value that differs from its market value or its book value, called intrinsic value, which is Relative Sentiment'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 Relative Sentiment's market value can be influenced by many factors that don't directly affect Relative Sentiment'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 Relative Sentiment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Relative Sentiment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Relative Sentiment'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.
Relative Sentiment '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 Relative Sentiment'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 Relative Sentiment.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Relative Sentiment on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Relative Sentiment Tactical or generate 0.0% return on investment in Relative Sentiment over 90 days. Relative Sentiment is related to or competes with ETF Series, Alpha Architect, Northern Lights, ETF Series, and Tidal ETF. The funds investment strategy is to seek to grow capital by tactically investing in other ETFs that invest in equity, bo... More
Relative Sentiment 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 Relative Sentiment'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 Relative Sentiment Tactical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6186 | |||
| Information Ratio | 0.1847 | |||
| Maximum Drawdown | 2.77 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.05 |
Relative Sentiment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Relative Sentiment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Relative Sentiment's standard deviation. In reality, there are many statistical measures that can use Relative Sentiment historical prices to predict the future Relative Sentiment's volatility.| Risk Adjusted Performance | 0.0179 | |||
| Jensen Alpha | 0.0474 | |||
| Total Risk Alpha | 0.0834 | |||
| Sortino Ratio | 0.1854 | |||
| Treynor Ratio | 0.0147 |
Relative Sentiment Backtested Returns
At this point, Relative Sentiment is very steady. Relative Sentiment maintains Sharpe Ratio (i.e., Efficiency) of 0.0799, which implies the entity had a 0.0799 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Relative Sentiment, which you can use to evaluate the volatility of the etf. Please check Relative Sentiment's Coefficient Of Variation of 3967.62, risk adjusted performance of 0.0179, and Semi Deviation of 0.5865 to confirm if the risk estimate we provide is consistent with the expected return of 0.0505%. The etf holds a Beta of 0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Relative Sentiment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Relative Sentiment is expected to be smaller as well.
Auto-correlation | -0.31 |
Poor reverse predictability
Relative Sentiment Tactical has poor reverse predictability. Overlapping area represents the amount of predictability between Relative Sentiment 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 Relative Sentiment price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Relative Sentiment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Relative Sentiment lagged returns against current returns
Autocorrelation, which is Relative Sentiment 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 Relative Sentiment's etf expected returns. We can calculate the autocorrelation of Relative Sentiment returns to help us make a trade decision. For example, suppose you find that Relative Sentiment 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 |
Relative Sentiment 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 Relative Sentiment etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Relative Sentiment etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Relative Sentiment etf over time.
Current vs Lagged Prices |
| Timeline |
Relative Sentiment Lagged Returns
When evaluating Relative Sentiment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Relative Sentiment etf have on its future price. Relative Sentiment 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, Relative Sentiment autocorrelation shows the relationship between Relative Sentiment etf current value and its past values and can show if there is a momentum factor associated with investing in Relative Sentiment Tactical.
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 Relative Sentiment is a strong investment it is important to analyze Relative Sentiment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Relative Sentiment's future performance. For an informed investment choice regarding Relative Etf, refer to the following important reports:Check out Relative Sentiment Correlation, Relative Sentiment Volatility and Relative Sentiment Alpha and Beta module to complement your research on Relative Sentiment. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Relative Sentiment 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.