The Acquirers Etf Market Value
| ZIG Etf | USD 43.16 0.01 0.02% |
| Symbol | Acquirers |
The market value of Acquirers is measured differently than its book value, which is the value of Acquirers that is recorded on the company's balance sheet. Investors also form their own opinion of Acquirers' value that differs from its market value or its book value, called intrinsic value, which is Acquirers' 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 Acquirers' market value can be influenced by many factors that don't directly affect Acquirers' 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 Acquirers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acquirers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acquirers' 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.
Acquirers '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 Acquirers' 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 Acquirers.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Acquirers on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding The Acquirers or generate 0.0% return on investment in Acquirers over 540 days. Acquirers is related to or competes with Roundhill Acquirers, Alpha Architect, Vesper Large, Cambria Trinity, and Cambria Emerging. The fund is an actively managed exchange-traded fund and seeks to invests in equity securities of U.S More
Acquirers 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 Acquirers' 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 The Acquirers upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9498 | |||
| Information Ratio | 0.0691 | |||
| Maximum Drawdown | 7.01 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.76 |
Acquirers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acquirers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acquirers' standard deviation. In reality, there are many statistical measures that can use Acquirers historical prices to predict the future Acquirers' volatility.| Risk Adjusted Performance | 0.1461 | |||
| Jensen Alpha | 0.2135 | |||
| Total Risk Alpha | 0.013 | |||
| Sortino Ratio | 0.0853 | |||
| Treynor Ratio | (5.45) |
Acquirers Backtested Returns
Acquirers appears to be very steady, given 3 months investment horizon. Acquirers secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the etf had a 0.19% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for The Acquirers, which you can use to evaluate the volatility of the entity. Please makes use of Acquirers' Mean Deviation of 0.8258, semi deviation of 0.6036, and Risk Adjusted Performance of 0.1461 to double-check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of -0.0383, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Acquirers are expected to decrease at a much lower rate. During the bear market, Acquirers is likely to outperform the market.
Auto-correlation | 0.67 |
Good predictability
The Acquirers has good predictability. Overlapping area represents the amount of predictability between Acquirers time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 Acquirers price movement. The serial correlation of 0.67 indicates that around 67.0% of current Acquirers price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 3.07 |
Acquirers lagged returns against current returns
Autocorrelation, which is Acquirers 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 Acquirers' etf expected returns. We can calculate the autocorrelation of Acquirers returns to help us make a trade decision. For example, suppose you find that Acquirers 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 |
Acquirers 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 Acquirers etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acquirers etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acquirers etf over time.
Current vs Lagged Prices |
| Timeline |
Acquirers Lagged Returns
When evaluating Acquirers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acquirers etf have on its future price. Acquirers 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, Acquirers autocorrelation shows the relationship between Acquirers etf current value and its past values and can show if there is a momentum factor associated with investing in The Acquirers.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Acquirers is a strong investment it is important to analyze Acquirers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Acquirers' future performance. For an informed investment choice regarding Acquirers Etf, refer to the following important reports:Check out Acquirers Correlation, Acquirers Volatility and Acquirers Alpha and Beta module to complement your research on Acquirers. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Acquirers 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.