Expat Slovakia's market value is the price at which a share of Expat Slovakia trades on a public exchange. It measures the collective expectations of Expat Slovakia Sax investors about its performance. Expat Slovakia is trading at 0.51 as of the 17th of March 2025, a No Change since the beginning of the trading day. The etf's lowest day price was 0.51. With this module, you can estimate the performance of a buy and hold strategy of Expat Slovakia Sax and determine expected loss or profit from investing in Expat Slovakia over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Expat
Expat Slovakia '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 Slovakia'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 Slovakia.
0.00
12/17/2024
No Change 0.00
0.0
In 3 months and 1 day
03/17/2025
0.00
If you would invest 0.00 in Expat Slovakia on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Expat Slovakia Sax or generate 0.0% return on investment in Expat Slovakia over 90 days.
Expat Slovakia 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 Slovakia'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 Slovakia Sax upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Expat Slovakia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Expat Slovakia's standard deviation. In reality, there are many statistical measures that can use Expat Slovakia historical prices to predict the future Expat Slovakia's volatility.
Expat Slovakia Sax secures Sharpe Ratio (or Efficiency) of -0.0758, which denotes the etf had a -0.0758 % return per unit of risk over the last 3 months. Expat Slovakia Sax exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Expat Slovakia's Variance of 0.7537, standard deviation of 0.8681, and Mean Deviation of 0.3429 to check the risk estimate we provide. The etf shows a Beta (market volatility) of -0.0372, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Expat Slovakia are expected to decrease at a much lower rate. During the bear market, Expat Slovakia is likely to outperform the market.
Auto-correlation
0.21
Weak predictability
Expat Slovakia Sax has weak predictability. Overlapping area represents the amount of predictability between Expat Slovakia time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Expat Slovakia Sax price movement. The serial correlation of 0.21 indicates that over 21.0% of current Expat Slovakia price fluctuation can be explain by its past prices.
Correlation Coefficient
0.21
Spearman Rank Test
-0.33
Residual Average
0.0
Price Variance
0.0
Expat Slovakia Sax lagged returns against current returns
Autocorrelation, which is Expat Slovakia 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 Slovakia's etf expected returns. We can calculate the autocorrelation of Expat Slovakia returns to help us make a trade decision. For example, suppose you find that Expat Slovakia 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 Slovakia 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 Slovakia etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Expat Slovakia etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Expat Slovakia etf over time.
Current vs Lagged Prices
Timeline
Expat Slovakia Lagged Returns
When evaluating Expat Slovakia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Expat Slovakia etf have on its future price. Expat Slovakia 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 Slovakia autocorrelation shows the relationship between Expat Slovakia etf current value and its past values and can show if there is a momentum factor associated with investing in Expat Slovakia Sax.
Regressed Prices
Timeline
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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.