Tradr 175x Long Etf Market Value
| NVDW Etf | 29.26 0.69 2.30% |
| Symbol | Tradr |
The market value of Tradr 175X Long is measured differently than its book value, which is the value of Tradr that is recorded on the company's balance sheet. Investors also form their own opinion of Tradr 175X's value that differs from its market value or its book value, called intrinsic value, which is Tradr 175X'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 Tradr 175X's market value can be influenced by many factors that don't directly affect Tradr 175X'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 Tradr 175X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tradr 175X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tradr 175X'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.
Tradr 175X '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 Tradr 175X'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 Tradr 175X.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Tradr 175X on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Tradr 175X Long or generate 0.0% return on investment in Tradr 175X over 30 days. Tradr 175X is related to or competes with Freedom Day, Franklin Templeton, IShares MSCI, Tidal Trust, IShares Dividend, Altrius Global, and Invesco Exchange. More
Tradr 175X 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 Tradr 175X'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 Tradr 175X Long upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.47 | |||
| Information Ratio | 0.1275 | |||
| Maximum Drawdown | 21.75 | |||
| Value At Risk | (7.44) | |||
| Potential Upside | 7.2 |
Tradr 175X Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tradr 175X's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tradr 175X's standard deviation. In reality, there are many statistical measures that can use Tradr 175X historical prices to predict the future Tradr 175X's volatility.| Risk Adjusted Performance | 0.1277 | |||
| Jensen Alpha | 0.6591 | |||
| Total Risk Alpha | 0.0132 | |||
| Sortino Ratio | 0.1262 | |||
| Treynor Ratio | 3.93 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tradr 175X'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.
Tradr 175X Long Backtested Returns
Tradr 175X appears to be not too volatile, given 3 months investment horizon. Tradr 175X Long owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the etf had a 0.15% return per unit of risk over the last 3 months. By inspecting Tradr 175X's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please review Tradr 175X's Coefficient Of Variation of 641.75, risk adjusted performance of 0.1277, and Semi Deviation of 3.87 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tradr 175X's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tradr 175X is expected to be smaller as well.
Auto-correlation | -0.45 |
Modest reverse predictability
Tradr 175X Long has modest reverse predictability. Overlapping area represents the amount of predictability between Tradr 175X time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Tradr 175X Long price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Tradr 175X price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 3.11 |
Tradr 175X Long lagged returns against current returns
Autocorrelation, which is Tradr 175X 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 Tradr 175X's etf expected returns. We can calculate the autocorrelation of Tradr 175X returns to help us make a trade decision. For example, suppose you find that Tradr 175X 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 |
Tradr 175X 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 Tradr 175X etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tradr 175X etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tradr 175X etf over time.
Current vs Lagged Prices |
| Timeline |
Tradr 175X Lagged Returns
When evaluating Tradr 175X's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tradr 175X etf have on its future price. Tradr 175X 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, Tradr 175X autocorrelation shows the relationship between Tradr 175X etf current value and its past values and can show if there is a momentum factor associated with investing in Tradr 175X Long.
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 Tradr 175X Long is a strong investment it is important to analyze Tradr 175X'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 Tradr 175X's future performance. For an informed investment choice regarding Tradr Etf, refer to the following important reports:Check out Tradr 175X Correlation, Tradr 175X Volatility and Tradr 175X Alpha and Beta module to complement your research on Tradr 175X. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Tradr 175X 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.