Alps Reit Dividend Etf Market Value
| RDOG Etf | USD 41.58 0.36 0.86% |
| Symbol | ALPS |
The market value of ALPS REIT Dividend is measured differently than its book value, which is the value of ALPS that is recorded on the company's balance sheet. Investors also form their own opinion of ALPS REIT's value that differs from its market value or its book value, called intrinsic value, which is ALPS REIT'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 ALPS REIT's market value can be influenced by many factors that don't directly affect ALPS REIT'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 ALPS REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALPS REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALPS REIT'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.
ALPS REIT '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 ALPS REIT'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 ALPS REIT.
| 09/09/2023 |
| 12/02/2024 |
If you would invest 0.00 in ALPS REIT on September 9, 2023 and sell it all today you would earn a total of 0.00 from holding ALPS REIT Dividend or generate 0.0% return on investment in ALPS REIT over 450 days. ALPS REIT is related to or competes with Nuveen Short, US Diversified, JPMorgan BetaBuilders, and Invesco Active. The fund will normally invest at least 90 percent of its total assets in common stocks and other equity securities that ... More
ALPS REIT 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 ALPS REIT'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 ALPS REIT Dividend upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8888 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.15 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.3 |
ALPS REIT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALPS REIT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ALPS REIT's standard deviation. In reality, there are many statistical measures that can use ALPS REIT historical prices to predict the future ALPS REIT's volatility.| Risk Adjusted Performance | 0.0573 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1007 |
ALPS REIT Dividend Backtested Returns
At this point, ALPS REIT is very steady. ALPS REIT Dividend secures Sharpe Ratio (or Efficiency) of 0.0807, which signifies that the etf had a 0.0807% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ALPS REIT Dividend, which you can use to evaluate the volatility of the entity. Please confirm ALPS REIT's mean deviation of 0.6641, and Risk Adjusted Performance of 0.0573 to double-check if the risk estimate we provide is consistent with the expected return of 0.0699%. The etf shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ALPS REIT's returns are expected to increase less than the market. However, during the bear market, the loss of holding ALPS REIT is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
ALPS REIT Dividend has good predictability. Overlapping area represents the amount of predictability between ALPS REIT time series from 9th of September 2023 to 21st of April 2024 and 21st of April 2024 to 2nd 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 ALPS REIT Dividend price movement. The serial correlation of 0.67 indicates that around 67.0% of current ALPS REIT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 6.69 |
ALPS REIT Dividend lagged returns against current returns
Autocorrelation, which is ALPS REIT 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 ALPS REIT's etf expected returns. We can calculate the autocorrelation of ALPS REIT returns to help us make a trade decision. For example, suppose you find that ALPS REIT 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 |
ALPS REIT 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 ALPS REIT etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ALPS REIT etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ALPS REIT etf over time.
Current vs Lagged Prices |
| Timeline |
ALPS REIT Lagged Returns
When evaluating ALPS REIT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ALPS REIT etf have on its future price. ALPS REIT 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, ALPS REIT autocorrelation shows the relationship between ALPS REIT etf current value and its past values and can show if there is a momentum factor associated with investing in ALPS REIT Dividend.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether ALPS REIT Dividend is a strong investment it is important to analyze ALPS REIT'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 ALPS REIT's future performance. For an informed investment choice regarding ALPS Etf, refer to the following important reports:Check out ALPS REIT Correlation, ALPS REIT Volatility and ALPS REIT Alpha and Beta module to complement your research on ALPS REIT. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
ALPS REIT 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.