Simplify Interest Rate Etf Market Value
| PFIX Etf | USD 52.66 1.71 3.36% |
| Symbol | Simplify |
The market value of Simplify Interest Rate is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Interest's value that differs from its market value or its book value, called intrinsic value, which is Simplify Interest'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 Simplify Interest's market value can be influenced by many factors that don't directly affect Simplify Interest'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 Simplify Interest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Interest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Interest'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.
Simplify Interest '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 Simplify Interest'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 Simplify Interest.
| 01/04/2023 |
| 12/24/2024 |
If you would invest 0.00 in Simplify Interest on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Simplify Interest Rate or generate 0.0% return on investment in Simplify Interest over 720 days. Simplify Interest is related to or competes with Horizon Kinetics, Simplify Exchange, IMGP DBi, Quadratic Interest, and KFA Mount. The adviser seeks to achieve the funds investment objective by investing in U.S More
Simplify Interest 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 Simplify Interest'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 Simplify Interest Rate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.14 | |||
| Information Ratio | 0.1753 | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 4.04 |
Simplify Interest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simplify Interest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simplify Interest's standard deviation. In reality, there are many statistical measures that can use Simplify Interest historical prices to predict the future Simplify Interest's volatility.| Risk Adjusted Performance | 0.1563 | |||
| Jensen Alpha | 0.4467 | |||
| Total Risk Alpha | 0.382 | |||
| Sortino Ratio | 0.2008 | |||
| Treynor Ratio | 1.47 |
Simplify Interest Rate Backtested Returns
Simplify Interest appears to be very steady, given 3 months investment horizon. Simplify Interest Rate owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the etf had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Simplify Interest Rate, which you can use to evaluate the volatility of the etf. Please review Simplify Interest's Semi Deviation of 1.77, risk adjusted performance of 0.1563, and Coefficient Of Variation of 529.74 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Simplify Interest's returns are expected to increase less than the market. However, during the bear market, the loss of holding Simplify Interest is expected to be smaller as well.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Simplify Interest Rate has insignificant reverse predictability. Overlapping area represents the amount of predictability between Simplify Interest time series from 4th of January 2023 to 30th of December 2023 and 30th of December 2023 to 24th 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 Simplify Interest Rate price movement. The serial correlation of -0.16 indicates that over 16.0% of current Simplify Interest price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 12.45 |
Simplify Interest Rate lagged returns against current returns
Autocorrelation, which is Simplify Interest 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 Simplify Interest's etf expected returns. We can calculate the autocorrelation of Simplify Interest returns to help us make a trade decision. For example, suppose you find that Simplify Interest 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 |
Simplify Interest 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 Simplify Interest etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simplify Interest etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Simplify Interest etf over time.
Current vs Lagged Prices |
| Timeline |
Simplify Interest Lagged Returns
When evaluating Simplify Interest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simplify Interest etf have on its future price. Simplify Interest 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, Simplify Interest autocorrelation shows the relationship between Simplify Interest etf current value and its past values and can show if there is a momentum factor associated with investing in Simplify Interest Rate.
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 Simplify Interest Rate offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Simplify Interest's 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 Simplify Interest Rate Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Simplify Interest Rate Etf:Check out Simplify Interest Correlation, Simplify Interest Volatility and Simplify Interest Alpha and Beta module to complement your research on Simplify Interest. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Simplify Interest 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.