Stf Tactical Growth Etf Market Value

TUGN Etf  USD 22.86  0.68  2.89%   
STF Tactical's market value is the price at which a share of STF Tactical trades on a public exchange. It measures the collective expectations of STF Tactical Growth investors about its performance. STF Tactical is selling at 22.86 as of the 4th of March 2025; that is 2.89 percent decrease since the beginning of the trading day. The etf's open price was 23.54.
With this module, you can estimate the performance of a buy and hold strategy of STF Tactical Growth and determine expected loss or profit from investing in STF Tactical over a given investment horizon. Check out STF Tactical Correlation, STF Tactical Volatility and STF Tactical Alpha and Beta module to complement your research on STF Tactical.
Symbol

The market value of STF Tactical Growth is measured differently than its book value, which is the value of STF that is recorded on the company's balance sheet. Investors also form their own opinion of STF Tactical's value that differs from its market value or its book value, called intrinsic value, which is STF Tactical'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 STF Tactical's market value can be influenced by many factors that don't directly affect STF Tactical'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 STF Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if STF Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STF Tactical'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.

STF Tactical '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 STF Tactical'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 STF Tactical.
0.00
02/02/2025
No Change 0.00  0.0 
In 31 days
03/04/2025
0.00
If you would invest  0.00  in STF Tactical on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding STF Tactical Growth or generate 0.0% return on investment in STF Tactical over 30 days. STF Tactical is related to or competes with First Trust, Global X, STF Tactical, and Virtus WMC. The fund is an actively-managed ETF that seeks to achieve its investment objective by allocating its investments among a... More

STF Tactical 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 STF Tactical'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 STF Tactical Growth upside and downside potential and time the market with a certain degree of confidence.

STF Tactical Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for STF Tactical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as STF Tactical's standard deviation. In reality, there are many statistical measures that can use STF Tactical historical prices to predict the future STF Tactical's volatility.
Hype
Prediction
LowEstimatedHigh
22.3423.5524.76
Details
Intrinsic
Valuation
LowRealHigh
20.5421.7525.89
Details
Naive
Forecast
LowNextHigh
21.6822.8924.10
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.1924.0124.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as STF Tactical. Your research has to be compared to or analyzed against STF Tactical's peers to derive any actionable benefits. When done correctly, STF Tactical's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in STF Tactical Growth.

STF Tactical Growth Backtested Returns

STF Tactical Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0506, which indicates the etf had a -0.0506 % return per unit of volatility over the last 3 months. STF Tactical Growth exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate STF Tactical's risk adjusted performance of 0.0283, and Coefficient Of Variation of 3023.54 to confirm the risk estimate we provide. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning STF Tactical are expected to decrease at a much lower rate. During the bear market, STF Tactical is likely to outperform the market.

Auto-correlation

    
  -0.8  

Almost perfect reverse predictability

STF Tactical Growth has almost perfect reverse predictability. Overlapping area represents the amount of predictability between STF Tactical time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 STF Tactical Growth price movement. The serial correlation of -0.8 indicates that around 80.0% of current STF Tactical price fluctuation can be explain by its past prices.
Correlation Coefficient-0.8
Spearman Rank Test-0.8
Residual Average0.0
Price Variance0.51

STF Tactical Growth lagged returns against current returns

Autocorrelation, which is STF Tactical 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 STF Tactical's etf expected returns. We can calculate the autocorrelation of STF Tactical returns to help us make a trade decision. For example, suppose you find that STF Tactical 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  

STF Tactical 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 STF Tactical etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if STF Tactical etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in STF Tactical etf over time.
   Current vs Lagged Prices   
       Timeline  

STF Tactical Lagged Returns

When evaluating STF Tactical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of STF Tactical etf have on its future price. STF Tactical 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, STF Tactical autocorrelation shows the relationship between STF Tactical etf current value and its past values and can show if there is a momentum factor associated with investing in STF Tactical Growth.
   Regressed Prices   
       Timeline  

Pair Trading with STF Tactical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if STF Tactical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in STF Tactical will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to STF Tactical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace STF Tactical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back STF Tactical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling STF Tactical Growth to buy it.
The correlation of STF Tactical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as STF Tactical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if STF Tactical Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for STF Tactical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether STF Tactical Growth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of STF Tactical'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 Stf Tactical Growth Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Stf Tactical Growth Etf:
Check out STF Tactical Correlation, STF Tactical Volatility and STF Tactical Alpha and Beta module to complement your research on STF Tactical.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
STF Tactical 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.
A focus of STF Tactical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of STF Tactical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...