Extended Etf Market Value

EDV
 Etf
  

USD 88.76  3.53  4.14%   

Extended Dur's market value is the price at which a share of Extended Dur stock trades on a public exchange. It measures the collective expectations of Extended Dur Trs investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Extended Dur Trs and determine expected loss or profit from investing in Extended Dur over a given investment horizon. Continue to Extended Dur Correlation, Extended Dur Volatility and Extended Dur Alpha and Beta module to complement your research on Extended Dur.
Symbol

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

Extended Dur '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 Extended Dur'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 Extended Dur.
0.00
08/30/2022
No Change 0.00  0.0 
In 30 days
09/29/2022
0.00
If you would invest  0.00  in Extended Dur on August 30, 2022 and sell it all today you would earn a total of 0.00 from holding Extended Dur Trs or generate 0.0% return on investment in Extended Dur over 30 days. Extended Dur is related to or competes with Verizon Communications. The advisor employs an indexing investment approach designed to track the performance of the Bloomberg U.S More

Extended Dur 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 Extended Dur'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 Extended Dur Trs upside and downside potential and time the market with a certain degree of confidence.

Extended Dur Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Extended Dur's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Extended Dur's standard deviation. In reality, there are many statistical measures that can use Extended Dur historical prices to predict the future Extended Dur's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Extended Dur'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. Please use the tools below to analyze the current value of Extended Dur in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
87.0688.7690.46
Details
Intrinsic
Valuation
LowReal ValueHigh
74.5676.2697.64
Details
Naive
Forecast
LowNext ValueHigh
83.9285.6187.31
Details
1 Analysts
Consensus
LowTarget PriceHigh
42.0042.0042.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Extended Dur. Your research has to be compared to or analyzed against Extended Dur's peers to derive any actionable benefits. When done correctly, Extended Dur's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Extended Dur Trs.

Extended Dur Trs Backtested Returns

Extended Dur Trs secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the etf had -0.11% of return per unit of risk over the last 3 months. Macroaxis standpoint towards predicting the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Extended Dur Trs exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Extended Dur Trs coefficient of variation of (1,463), and Mean Deviation of 1.37 to check the risk estimate we provide.
The etf shows a Beta (market volatility) of 0.2129, which means not very significant fluctuations relative to the market. Let's try to break down what Extended's beta means in this case. As returns on the market increase, Extended Dur returns are expected to increase less than the market. However, during the bear market, the loss on holding Extended Dur will be expected to be smaller as well. Even though it is essential to pay attention to Extended Dur Trs historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Extended Dur Trs exposes twenty-eight different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.66  

Good predictability

Extended Dur Trs has good predictability. Overlapping area represents the amount of predictability between Extended Dur time series from 30th of August 2022 to 14th of September 2022 and 14th of September 2022 to 29th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Extended Dur Trs price movement. The serial correlation of 0.66 indicates that around 66.0% of current Extended Dur price fluctuation can be explain by its past prices.
Correlation Coefficient0.66
Spearman Rank Test0.55
Residual Average0.0
Price Variance4.93

Extended Dur Trs lagged returns against current returns

Autocorrelation, which is Extended Dur 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 Extended Dur's etf expected returns. We can calculate the autocorrelation of Extended Dur returns to help us make a trade decision. For example, suppose you find that Extended Dur etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

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

Extended Dur Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Extended Dur without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Extended Dur

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 Extended Dur 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 Extended Dur will appreciate offsetting losses from the drop in the long position's value.

Moving together with Extended Dur

+0.82HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr
The ability to find closely correlated positions to Extended Dur could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extended Dur 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 Extended Dur - 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 Extended Dur Trs to buy it.
The correlation of Extended Dur is a statistical measure of how it moves in relation to other equities. 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 Extended Dur moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extended Dur Trs 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 Extended Dur 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
Continue to Extended Dur Correlation, Extended Dur Volatility and Extended Dur Alpha and Beta module to complement your research on Extended Dur. Note that the Extended Dur Trs information on this page should be used as a complementary analysis to other Extended Dur's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Extended Dur Trs price analysis, check to measure Extended Dur's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extended Dur is operating at the current time. Most of Extended Dur's value examination focuses on studying past and present price action to predict the probability of Extended Dur's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Extended Dur's price. Additionally, you may evaluate how the addition of Extended Dur to your portfolios can decrease your overall portfolio volatility.
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Extended Dur 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 Extended Dur technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Extended Dur 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...