Expat Poland (Germany) Market Value
| PLX Etf | EUR 0.61 0.02 3.17% |
| Symbol | Expat |
Please note, there is a significant difference between Expat Poland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Expat Poland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Expat Poland'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.
Expat Poland '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 Expat Poland'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 Expat Poland.
| 12/27/2022 |
| 12/16/2024 |
If you would invest 0.00 in Expat Poland on December 27, 2022 and sell it all today you would earn a total of 0.00 from holding Expat Poland WIG20 or generate 0.0% return on investment in Expat Poland over 720 days. Expat Poland is related to or competes with UBS Fund, Xtrackers, Xtrackers Nikkei, IShares VII, SPDR Gold, Vanguard Funds, and IShares Nikkei. More
Expat Poland 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 Expat Poland'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 Expat Poland WIG20 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.07 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 15.76 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 4.92 |
Expat Poland Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Expat Poland's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Expat Poland's standard deviation. In reality, there are many statistical measures that can use Expat Poland historical prices to predict the future Expat Poland's volatility.| Risk Adjusted Performance | 0.0237 | |||
| Jensen Alpha | 0.0868 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.13) |
Expat Poland WIG20 Backtested Returns
At this point, Expat Poland is extremely dangerous. Expat Poland WIG20 secures Sharpe Ratio (or Efficiency) of 0.0135, which denotes the etf had a 0.0135% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Expat Poland WIG20, which you can use to evaluate the volatility of the entity. Please confirm Expat Poland's Downside Deviation of 3.07, coefficient of variation of 4436.21, and Mean Deviation of 2.11 to check if the risk estimate we provide is consistent with the expected return of 0.0371%. The etf shows a Beta (market volatility) of -0.39, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Expat Poland are expected to decrease at a much lower rate. During the bear market, Expat Poland is likely to outperform the market.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Expat Poland WIG20 has insignificant reverse predictability. Overlapping area represents the amount of predictability between Expat Poland time series from 27th of December 2022 to 22nd of December 2023 and 22nd of December 2023 to 16th 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 Expat Poland WIG20 price movement. The serial correlation of -0.2 indicates that over 20.0% of current Expat Poland price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Expat Poland WIG20 lagged returns against current returns
Autocorrelation, which is Expat Poland 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 Expat Poland's etf expected returns. We can calculate the autocorrelation of Expat Poland returns to help us make a trade decision. For example, suppose you find that Expat Poland 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 |
Expat Poland 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 Expat Poland etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Expat Poland etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Expat Poland etf over time.
Current vs Lagged Prices |
| Timeline |
Expat Poland Lagged Returns
When evaluating Expat Poland's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Expat Poland etf have on its future price. Expat Poland 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, Expat Poland autocorrelation shows the relationship between Expat Poland etf current value and its past values and can show if there is a momentum factor associated with investing in Expat Poland WIG20.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Expat Etf
Expat Poland financial ratios help investors to determine whether Expat Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Expat with respect to the benefits of owning Expat Poland security.