Teucrium Wheat Etf Market Value

WEAT Etf  USD 4.80  0.02  0.41%   
Teucrium Wheat's market value is the price at which a share of Teucrium Wheat trades on a public exchange. It measures the collective expectations of Teucrium Wheat investors about its performance. Teucrium Wheat is selling for under 4.80 as of the 16th of December 2024; that is 0.41 percent down since the beginning of the trading day. The etf's last reported lowest price was 4.8.
With this module, you can estimate the performance of a buy and hold strategy of Teucrium Wheat and determine expected loss or profit from investing in Teucrium Wheat over a given investment horizon. Check out Teucrium Wheat Correlation, Teucrium Wheat Volatility and Teucrium Wheat Alpha and Beta module to complement your research on Teucrium Wheat.
Symbol

The market value of Teucrium Wheat 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 Wheat's value that differs from its market value or its book value, called intrinsic value, which is Teucrium Wheat'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 Wheat's market value can be influenced by many factors that don't directly affect Teucrium Wheat'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 Wheat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teucrium Wheat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teucrium Wheat'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 Wheat '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 Wheat'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 Wheat.
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 Teucrium Wheat on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Teucrium Wheat or generate 0.0% return on investment in Teucrium Wheat over 30 days. Teucrium Wheat is related to or competes with Teucrium Corn, Teucrium Soybean, Teucrium Sugar, and Invesco DB. The fund seeks to achieve its investment objective by investing in Benchmark Component Futures Contracts More

Teucrium Wheat 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 Wheat'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 Wheat upside and downside potential and time the market with a certain degree of confidence.

Teucrium Wheat Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Teucrium Wheat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Teucrium Wheat's standard deviation. In reality, there are many statistical measures that can use Teucrium Wheat historical prices to predict the future Teucrium Wheat's volatility.
Hype
Prediction
LowEstimatedHigh
3.734.845.95
Details
Intrinsic
Valuation
LowRealHigh
3.404.515.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Teucrium Wheat. Your research has to be compared to or analyzed against Teucrium Wheat's peers to derive any actionable benefits. When done correctly, Teucrium Wheat'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 Teucrium Wheat.

Teucrium Wheat Backtested Returns

Teucrium Wheat owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the etf had a -0.1% return per unit of risk over the last 3 months. Teucrium Wheat exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Teucrium Wheat's Risk Adjusted Performance of (0.06), coefficient of variation of (1,139), and Variance of 1.36 to confirm the risk estimate we provide. The entity has a beta of -0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Teucrium Wheat are expected to decrease at a much lower rate. During the bear market, Teucrium Wheat is likely to outperform the market.

Auto-correlation

    
  -0.59  

Good reverse predictability

Teucrium Wheat has good reverse predictability. Overlapping area represents the amount of predictability between Teucrium Wheat 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 Teucrium Wheat price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Teucrium Wheat price fluctuation can be explain by its past prices.
Correlation Coefficient-0.59
Spearman Rank Test-0.47
Residual Average0.0
Price Variance0.0

Teucrium Wheat lagged returns against current returns

Autocorrelation, which is Teucrium Wheat 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 Wheat's etf expected returns. We can calculate the autocorrelation of Teucrium Wheat returns to help us make a trade decision. For example, suppose you find that Teucrium Wheat 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 Wheat 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 Wheat etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Teucrium Wheat etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Teucrium Wheat etf over time.
   Current vs Lagged Prices   
       Timeline  

Teucrium Wheat Lagged Returns

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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When determining whether Teucrium Wheat is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teucrium Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teucrium Wheat Etf. Highlighted below are key reports to facilitate an investment decision about Teucrium Wheat Etf:
Check out Teucrium Wheat Correlation, Teucrium Wheat Volatility and Teucrium Wheat Alpha and Beta module to complement your research on Teucrium Wheat.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Teucrium Wheat 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 Teucrium Wheat technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Teucrium Wheat 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...