Wahed Etf Market Value

HLAL
 Etf
  

USD 37.68  1.26  3.46%   

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

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

Wahed FTSE '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 Wahed FTSE'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 Wahed FTSE.
0.00
10/01/2022
No Change 0.00  0.0 
In 2 months and 2 days
11/30/2022
0.00
If you would invest  0.00  in Wahed FTSE on October 1, 2022 and sell it all today you would earn a total of 0.00 from holding Wahed FTSE USA or generate 0.0% return on investment in Wahed FTSE over 60 days. Wahed FTSE is related to or competes with Vanguard Large-Cap, and Cisco Systems. The index is composed of common stocks of large- and mid-capitalization U.S More

Wahed FTSE 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 Wahed FTSE'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 Wahed FTSE USA upside and downside potential and time the market with a certain degree of confidence.

Wahed FTSE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Wahed FTSE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wahed FTSE's standard deviation. In reality, there are many statistical measures that can use Wahed FTSE historical prices to predict the future Wahed FTSE's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Wahed FTSE'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 Wahed FTSE in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
35.9237.6839.44
Details
Intrinsic
Valuation
LowReal ValueHigh
35.4337.1938.95
Details
Naive
Forecast
LowNext ValueHigh
35.8737.6339.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
33.1135.5838.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wahed FTSE. Your research has to be compared to or analyzed against Wahed FTSE's peers to derive any actionable benefits. When done correctly, Wahed FTSE'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 Wahed FTSE USA.

Wahed FTSE USA Backtested Returns

We consider Wahed FTSE very steady. Wahed FTSE USA shows Sharpe Ratio of 0.0314, which attests that the etf had 0.0314% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of an etf is to use all available market data together with etf-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Wahed FTSE USA, which you can use to evaluate the future volatility of the etf. Please check out Wahed FTSE USA Market Risk Adjusted Performance of 0.0238, downside deviation of 1.52, and Mean Deviation of 1.33 to validate if the risk estimate we provide is consistent with the expected return of 0.0552%.
The entity maintains a market beta of 1.0972, which attests to a somewhat significant risk relative to the market. Let's try to break down what Wahed's beta means in this case. Wahed FTSE returns are very sensitive to returns on the market. As the market goes up or down, Wahed FTSE is expected to follow. Although it is important to respect Wahed FTSE USA historical price patterns, it is better to be realistic regarding the information on the equity's current price history. The philosophy towards determining future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining Wahed FTSE USA technical indicators, you can presently evaluate if the expected return of 0.0552% will be sustainable into the future.

Auto-correlation

    
  0.31  

Below average predictability

Wahed FTSE USA has below average predictability. Overlapping area represents the amount of predictability between Wahed FTSE time series from 1st of October 2022 to 31st of October 2022 and 31st of October 2022 to 30th 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 Wahed FTSE USA price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Wahed FTSE price fluctuation can be explain by its past prices.
Correlation Coefficient0.31
Spearman Rank Test0.19
Residual Average0.0
Price Variance0.82

Wahed FTSE USA lagged returns against current returns

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

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

Wahed FTSE Lagged Returns

When evaluating Wahed FTSE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wahed FTSE etf have on its future price. Wahed FTSE 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, Wahed FTSE autocorrelation shows the relationship between Wahed FTSE etf current value and its past values and can show if there is a momentum factor associated with investing in Wahed FTSE USA.
   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 Wahed FTSE 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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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Wahed FTSE USA 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 Wahed FTSE Correlation, Wahed FTSE Volatility and Wahed FTSE Alpha and Beta module to complement your research on Wahed FTSE. Note that the Wahed FTSE USA information on this page should be used as a complementary analysis to other Wahed FTSE'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Wahed Etf analysis

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