Expat Slovenia's market value is the price at which a share of Expat Slovenia trades on a public exchange. It measures the collective expectations of Expat Slovenia SBI investors about its performance. Expat Slovenia is trading at 1.81 as of the 16th of December 2024, a 0.55 percent decrease since the beginning of the trading day. The etf's lowest day price was 1.81. With this module, you can estimate the performance of a buy and hold strategy of Expat Slovenia SBI and determine expected loss or profit from investing in Expat Slovenia 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 Slovenia '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 Slovenia'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 Slovenia.
0.00
11/16/2024
No Change 0.00
0.0
In 31 days
12/16/2024
0.00
If you would invest 0.00 in Expat Slovenia on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Expat Slovenia SBI or generate 0.0% return on investment in Expat Slovenia over 30 days.
Expat Slovenia 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 Slovenia'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 Slovenia SBI 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 Slovenia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Expat Slovenia's standard deviation. In reality, there are many statistical measures that can use Expat Slovenia historical prices to predict the future Expat Slovenia's volatility.
At this point, Expat Slovenia is somewhat reliable. Expat Slovenia SBI secures Sharpe Ratio (or Efficiency) of 0.0771, which denotes the etf had a 0.0771% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Expat Slovenia SBI, which you can use to evaluate the volatility of the entity. Please confirm Expat Slovenia's Coefficient Of Variation of 1306.32, downside deviation of 0.8278, and Mean Deviation of 0.3858 to check if the risk estimate we provide is consistent with the expected return of 0.0448%. The etf shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Expat Slovenia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Expat Slovenia is expected to be smaller as well.
Auto-correlation
-0.47
Modest reverse predictability
Expat Slovenia SBI has modest reverse predictability. Overlapping area represents the amount of predictability between Expat Slovenia time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 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 Slovenia SBI price movement. The serial correlation of -0.47 indicates that about 47.0% of current Expat Slovenia price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.47
Spearman Rank Test
-0.2
Residual Average
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Price Variance
0.0
Expat Slovenia SBI lagged returns against current returns
Autocorrelation, which is Expat Slovenia 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 Slovenia's etf expected returns. We can calculate the autocorrelation of Expat Slovenia returns to help us make a trade decision. For example, suppose you find that Expat Slovenia 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 Slovenia 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 Slovenia etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Expat Slovenia etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Expat Slovenia etf over time.
Current vs Lagged Prices
Timeline
Expat Slovenia Lagged Returns
When evaluating Expat Slovenia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Expat Slovenia etf have on its future price. Expat Slovenia 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 Slovenia autocorrelation shows the relationship between Expat Slovenia etf current value and its past values and can show if there is a momentum factor associated with investing in Expat Slovenia SBI.
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.