Teucrium Soybean Etf Market Value
| SOYB Etf | USD 21.47 0.25 1.18% |
| Symbol | Teucrium |
The market value of Teucrium Soybean is measured differently than its book value, which is the value of Teucrium that is recorded on the company's balance sheet. Investors also form their own opinion of Teucrium Soybean's value that differs from its market value or its book value, called intrinsic value, which is Teucrium Soybean'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 Teucrium Soybean's market value can be influenced by many factors that don't directly affect Teucrium Soybean'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 Teucrium Soybean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teucrium Soybean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teucrium Soybean'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.
Teucrium Soybean '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 Teucrium Soybean'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 Teucrium Soybean.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Teucrium Soybean on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Teucrium Soybean or generate 0.0% return on investment in Teucrium Soybean over 90 days. Teucrium Soybean is related to or competes with Teucrium Corn, Teucrium Wheat, and Teucrium Sugar. The fund seeks to achieve its investment objective by investing in Benchmark Component Futures Contracts More
Teucrium Soybean 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 Teucrium Soybean'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 Teucrium Soybean upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | 0.1251 | |||
| Maximum Drawdown | 5.07 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.95 |
Teucrium Soybean Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teucrium Soybean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teucrium Soybean's standard deviation. In reality, there are many statistical measures that can use Teucrium Soybean historical prices to predict the future Teucrium Soybean's volatility.| Risk Adjusted Performance | 0.037 | |||
| Jensen Alpha | 0.042 | |||
| Total Risk Alpha | 0.1812 | |||
| Sortino Ratio | 0.1356 | |||
| Treynor Ratio | 0.6536 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Teucrium Soybean'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.
Teucrium Soybean Backtested Returns
At this point, Teucrium Soybean is very steady. Teucrium Soybean owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0397, which indicates the etf had a 0.0397 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Teucrium Soybean, which you can use to evaluate the volatility of the etf. Please validate Teucrium Soybean's Semi Deviation of 0.9635, coefficient of variation of 2519.64, and Risk Adjusted Performance of 0.037 to confirm if the risk estimate we provide is consistent with the expected return of 0.046%. The entity has a beta of 0.0551, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Teucrium Soybean's returns are expected to increase less than the market. However, during the bear market, the loss of holding Teucrium Soybean is expected to be smaller as well.
Auto-correlation | -0.83 |
Excellent reverse predictability
Teucrium Soybean has excellent reverse predictability. Overlapping area represents the amount of predictability between Teucrium Soybean time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Teucrium Soybean price movement. The serial correlation of -0.83 indicates that around 83.0% of current Teucrium Soybean price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Teucrium Soybean lagged returns against current returns
Autocorrelation, which is Teucrium Soybean 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 Teucrium Soybean's etf expected returns. We can calculate the autocorrelation of Teucrium Soybean returns to help us make a trade decision. For example, suppose you find that Teucrium Soybean 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 |
Teucrium Soybean 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 Teucrium Soybean etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teucrium Soybean etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teucrium Soybean etf over time.
Current vs Lagged Prices |
| Timeline |
Teucrium Soybean Lagged Returns
When evaluating Teucrium Soybean's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Teucrium Soybean etf have on its future price. Teucrium Soybean 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, Teucrium Soybean autocorrelation shows the relationship between Teucrium Soybean etf current value and its past values and can show if there is a momentum factor associated with investing in Teucrium Soybean.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Teucrium Soybean offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Teucrium Soybean's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Teucrium Soybean Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Teucrium Soybean Etf:Check out Teucrium Soybean Correlation, Teucrium Soybean Volatility and Teucrium Soybean Alpha and Beta module to complement your research on Teucrium Soybean. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Teucrium Soybean 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.