Cambria Etf Market Value

GMOM
 Etf
  

USD 28.91  0.01  0.0346%   

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

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

Cambria Global '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 Cambria Global'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 Cambria Global.
0.00
12/07/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
11/27/2022
0.00
If you would invest  0.00  in Cambria Global on December 7, 2020 and sell it all today you would earn a total of 0.00 from holding Cambria Global Momentum or generate 0.0% return on investment in Cambria Global over 720 days. Cambria Global is related to or competes with Build Bond. The fund is considered a fund of funds that seeks to achieve its investment objective by primarily investing in other ex... More

Cambria Global 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 Cambria Global'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 Cambria Global Momentum upside and downside potential and time the market with a certain degree of confidence.

Cambria Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cambria Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cambria Global's standard deviation. In reality, there are many statistical measures that can use Cambria Global historical prices to predict the future Cambria Global's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Cambria Global'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 Cambria Global in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
28.3828.9129.44
Details
Intrinsic
Valuation
LowReal ValueHigh
28.3028.8329.36
Details
Naive
Forecast
LowNext ValueHigh
28.4328.9629.49
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.7328.9029.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cambria Global. Your research has to be compared to or analyzed against Cambria Global's peers to derive any actionable benefits. When done correctly, Cambria Global'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 Cambria Global Momentum.

Cambria Global Momentum Backtested Returns

Cambria Global Momentum secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the etf had -0.1% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing 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. Cambria Global Momentum exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Cambria Global Momentum mean deviation of 0.4005, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
The etf shows a Beta (market volatility) of 0.0958, which signifies not very significant fluctuations relative to the market. Let's try to break down what Cambria's beta means in this case. As returns on the market increase, Cambria Global returns are expected to increase less than the market. However, during the bear market, the loss on holding Cambria Global will be expected to be smaller as well. Even though it is essential to pay attention to Cambria Global Momentum historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing 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. Cambria Global Momentum exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.09  

Virtually no predictability

Cambria Global Momentum has virtually no predictability. Overlapping area represents the amount of predictability between Cambria Global time series from 7th of December 2020 to 2nd of December 2021 and 2nd of December 2021 to 27th of November 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 Cambria Global Momentum price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Cambria Global price fluctuation can be explain by its past prices.
Correlation Coefficient0.09
Spearman Rank Test-0.32
Residual Average0.0
Price Variance1.79

Cambria Global Momentum lagged returns against current returns

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

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

Cambria Global Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cambria Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cambria Global's short interest history, or implied volatility extrapolated from Cambria Global options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Cambria Global Momentum using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Cambria Global Correlation, Cambria Global Volatility and Cambria Global Alpha and Beta module to complement your research on Cambria Global. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for analysis

When running Cambria Global Momentum price analysis, check to measure Cambria Global'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 Cambria Global is operating at the current time. Most of Cambria Global's value examination focuses on studying past and present price action to predict the probability of Cambria Global's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cambria Global's price. Additionally, you may evaluate how the addition of Cambria Global to your portfolios can decrease your overall portfolio volatility.
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Cambria Global 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 Cambria Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cambria Global 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...