Stocksnips Ai Powered Sentiment Etf Market Value
| NEWZ Etf | 27.04 0.41 1.54% |
| Symbol | StockSnips |
The market value of StockSnips AI Powered is measured differently than its book value, which is the value of StockSnips that is recorded on the company's balance sheet. Investors also form their own opinion of StockSnips' value that differs from its market value or its book value, called intrinsic value, which is StockSnips' 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 StockSnips' market value can be influenced by many factors that don't directly affect StockSnips' 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 StockSnips' value and its price as these two are different measures arrived at by different means. Investors typically determine if StockSnips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, StockSnips' 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.
StockSnips '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 StockSnips' 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 StockSnips.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in StockSnips on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding StockSnips AI Powered Sentiment or generate 0.0% return on investment in StockSnips over 90 days. StockSnips is related to or competes with Freedom Day, IShares MSCI, Tidal Trust, IShares Dividend, SmartETFs Dividend, Listed Funds, and Martin Currie. StockSnips is entity of United States. It is traded as Etf on NASDAQ exchange. More
StockSnips 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 StockSnips' 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 StockSnips AI Powered Sentiment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.0 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 1.3 |
StockSnips Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for StockSnips' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as StockSnips' standard deviation. In reality, there are many statistical measures that can use StockSnips historical prices to predict the future StockSnips' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of StockSnips' 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.
StockSnips AI Powered Backtested Returns
StockSnips AI Powered owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the etf had a -0.12 % return per unit of risk over the last 3 months. StockSnips AI Powered Sentiment exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate StockSnips' Coefficient Of Variation of (714.04), risk adjusted performance of (0.12), and Variance of 1.27 to confirm the risk estimate we provide. The entity has a beta of 0.77, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, StockSnips' returns are expected to increase less than the market. However, during the bear market, the loss of holding StockSnips is expected to be smaller as well.
Auto-correlation | -0.59 |
Good reverse predictability
StockSnips AI Powered Sentiment has good reverse predictability. Overlapping area represents the amount of predictability between StockSnips time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 StockSnips AI Powered price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current StockSnips price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1.23 |
StockSnips AI Powered lagged returns against current returns
Autocorrelation, which is StockSnips 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 StockSnips' etf expected returns. We can calculate the autocorrelation of StockSnips returns to help us make a trade decision. For example, suppose you find that StockSnips 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 |
StockSnips 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 StockSnips etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if StockSnips etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in StockSnips etf over time.
Current vs Lagged Prices |
| Timeline |
StockSnips Lagged Returns
When evaluating StockSnips' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of StockSnips etf have on its future price. StockSnips 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, StockSnips autocorrelation shows the relationship between StockSnips etf current value and its past values and can show if there is a momentum factor associated with investing in StockSnips AI Powered Sentiment.
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 StockSnips AI Powered offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of StockSnips' 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 Stocksnips Ai Powered Sentiment Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Stocksnips Ai Powered Sentiment Etf:Check out StockSnips Correlation, StockSnips Volatility and StockSnips Alpha and Beta module to complement your research on StockSnips. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
StockSnips 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.