Sei Select Emerging Etf Market Value
| SEEM Etf | 23.49 0.20 0.86% |
| Symbol | SEI |
The market value of SEI Select Emerging is measured differently than its book value, which is the value of SEI that is recorded on the company's balance sheet. Investors also form their own opinion of SEI Select's value that differs from its market value or its book value, called intrinsic value, which is SEI Select'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 SEI Select's market value can be influenced by many factors that don't directly affect SEI Select'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 SEI Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if SEI Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SEI Select'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.
SEI Select '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 SEI Select'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 SEI Select.
| 02/01/2023 |
| 01/21/2025 |
If you would invest 0.00 in SEI Select on February 1, 2023 and sell it all today you would earn a total of 0.00 from holding SEI Select Emerging or generate 0.0% return on investment in SEI Select over 720 days. SEI Select is related to or competes with Dimensional International, Dimensional Core, Dimensional ETF, Dimensional ETF, and Dimensional ETF. More
SEI Select 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 SEI Select'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 SEI Select Emerging upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 4.72 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.13 |
SEI Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SEI Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SEI Select's standard deviation. In reality, there are many statistical measures that can use SEI Select historical prices to predict the future SEI Select's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SEI Select'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.
SEI Select Emerging Backtested Returns
SEI Select Emerging owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0834, which indicates the etf had a -0.0834 % return per unit of volatility over the last 3 months. SEI Select Emerging exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SEI Select's variance of 0.7849, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SEI Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding SEI Select is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
SEI Select Emerging has no correlation between past and present. Overlapping area represents the amount of predictability between SEI Select time series from 1st of February 2023 to 27th of January 2024 and 27th of January 2024 to 21st of January 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 SEI Select Emerging price movement. The serial correlation of 0.0 indicates that just 0.0% of current SEI Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SEI Select Emerging lagged returns against current returns
Autocorrelation, which is SEI Select 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 SEI Select's etf expected returns. We can calculate the autocorrelation of SEI Select returns to help us make a trade decision. For example, suppose you find that SEI Select 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 |
SEI Select 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 SEI Select etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SEI Select etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SEI Select etf over time.
Current vs Lagged Prices |
| Timeline |
SEI Select Lagged Returns
When evaluating SEI Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SEI Select etf have on its future price. SEI Select 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, SEI Select autocorrelation shows the relationship between SEI Select etf current value and its past values and can show if there is a momentum factor associated with investing in SEI Select Emerging.
Regressed Prices |
| Timeline |
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