Etfmg Etf Market Value

HACK
 Etf
  

USD 47.62  0.51  1.06%   

Etfmg Prime's market value is the price at which a share of Etfmg Prime stock trades on a public exchange. It measures the collective expectations of Etfmg Prime Cyber investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Etfmg Prime Cyber and determine expected loss or profit from investing in Etfmg Prime over a given investment horizon. Please check Etfmg Prime Hype Analysis, Etfmg Prime Correlation, Portfolio Optimization, Etfmg Prime Volatility, as well as analyze Etfmg Prime Alpha and Beta and Etfmg Prime Performance.
Symbol
Backtest

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

Etfmg Prime '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 Etfmg Prime'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 Etfmg Prime.
0.00
01/04/2021
No Change 0.00  0.0 
In 1 year 5 months and 24 days
06/28/2022
0.00
If you would invest  0.00  in Etfmg Prime on January 4, 2021 and sell it all today you would earn a total of 0.00 from holding Etfmg Prime Cyber or generate 0.0% return on investment in Etfmg Prime over 540 days. Etfmg Prime is related to or competes with Intel Corp. The index tracks the performance of the exchange-listed equity securities of companies across the globe that engage in p...More

Etfmg Prime 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 Etfmg Prime'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 Etfmg Prime Cyber upside and downside potential and time the market with a certain degree of confidence.

Etfmg Prime Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Etfmg Prime's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Etfmg Prime's standard deviation. In reality, there are many statistical measures that can use Etfmg Prime historical prices to predict the future Etfmg Prime's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Etfmg Prime'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 Etfmg Prime in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
45.3147.6249.93
Details
Intrinsic
Valuation
LowReal ValueHigh
46.2948.6050.91
Details
Naive
Forecast
LowNext ValueHigh
44.5546.8649.18
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
43.2646.9050.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Etfmg Prime. Your research has to be compared to or analyzed against Etfmg Prime's peers to derive any actionable benefits. When done correctly, Etfmg Prime'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 Etfmg Prime Cyber.

Etfmg Prime Cyber Backtested Returns

Etfmg Prime Cyber secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the etf had -0.14% 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. Etfmg Prime Cyber exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Etfmg Prime Cyber mean deviation of 1.85, and Coefficient Of Variation of (837.24) to check the risk estimate we provide.
The etf shows a Beta (market volatility) of 1.2997, which means a somewhat significant risk relative to the market. Let's try to break down what Etfmg's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Etfmg Prime will likely underperform. Even though it is essential to pay attention to Etfmg Prime Cyber 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. Etfmg Prime Cyber exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.42  

Modest reverse predictability

Etfmg Prime Cyber has modest reverse predictability. Overlapping area represents the amount of predictability between Etfmg Prime time series from 4th of January 2021 to 1st of October 2021 and 1st of October 2021 to 28th of June 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 Etfmg Prime Cyber price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Etfmg Prime price fluctuation can be explain by its past prices.
Correlation Coefficient-0.42
Spearman Rank Test-0.49
Residual Average0.0
Price Variance38.76

Etfmg Prime Cyber lagged returns against current returns

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

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

Etfmg Prime Lagged Returns

When evaluating Etfmg Prime's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Etfmg Prime etf have on its future price. Etfmg Prime 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, Etfmg Prime autocorrelation shows the relationship between Etfmg Prime etf current value and its past values and can show if there is a momentum factor associated with investing in Etfmg Prime Cyber.
 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 Etfmg Prime without increasing your portfolio risk or giving up 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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Please check Etfmg Prime Hype Analysis, Etfmg Prime Correlation, Portfolio Optimization, Etfmg Prime Volatility, as well as analyze Etfmg Prime Alpha and Beta and Etfmg Prime Performance. Note that the Etfmg Prime Cyber information on this page should be used as a complementary analysis to other Etfmg Prime'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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