GX Nasdaq-100 Etf Market Value

QYLD
 Etf
  

USD 18.51  0.01  0.05%   

GX Nasdaq-100's market value is the price at which a share of GX Nasdaq-100 stock trades on a public exchange. It measures the collective expectations of GX Nasdaq-100 Covered investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of GX Nasdaq-100 Covered and determine expected loss or profit from investing in GX Nasdaq-100 over a given investment horizon. Please see GX Nasdaq-100 Hype Analysis, GX Nasdaq-100 Correlation, Portfolio Optimization, GX Nasdaq-100 Volatility, as well as analyze GX Nasdaq-100 Alpha and Beta and GX Nasdaq-100 Performance.
Symbol

The market value of GX Nasdaq-100 Covered is measured differently than its book value, which is the value of GX Nasdaq-100 that is recorded on the company's balance sheet. Investors also form their own opinion of GX Nasdaq-100's value that differs from its market value or its book value, called intrinsic value, which is GX Nasdaq-100'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 GX Nasdaq-100's market value can be influenced by many factors that don't directly affect GX Nasdaq-100'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 GX Nasdaq-100's value and its price as these two are different measures arrived at by different means. Investors typically determine GX Nasdaq-100 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GX Nasdaq-100'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.

GX Nasdaq-100 '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 GX Nasdaq-100'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 GX Nasdaq-100.
0.00
06/15/2022
No Change 0.00  0.0 
In 2 months and 2 days
08/14/2022
0.00
If you would invest  0.00  in GX Nasdaq-100 on June 15, 2022 and sell it all today you would earn a total of 0.00 from holding GX Nasdaq-100 Covered or generate 0.0% return on investment in GX Nasdaq-100 over 60 days. GX Nasdaq-100 is related to or competes with Total Stock. The fund will invest at least 80 percent of its total assets in the securities of the underlying indexMore

GX Nasdaq-100 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 GX Nasdaq-100'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 GX Nasdaq-100 Covered upside and downside potential and time the market with a certain degree of confidence.

GX Nasdaq-100 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for GX Nasdaq-100's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GX Nasdaq-100's standard deviation. In reality, there are many statistical measures that can use GX Nasdaq-100 historical prices to predict the future GX Nasdaq-100's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of GX Nasdaq-100'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 GX Nasdaq-100 in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
17.4118.5119.61
Details
Intrinsic
Valuation
LowReal ValueHigh
17.2018.3019.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as GX Nasdaq-100. Your research has to be compared to or analyzed against GX Nasdaq-100's peers to derive any actionable benefits. When done correctly, GX Nasdaq-100'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 GX Nasdaq-100 Covered.

GX Nasdaq-100 Covered Backtested Returns

We consider GX Nasdaq-100 very steady. GX Nasdaq-100 Covered retains Efficiency (Sharpe Ratio) of 0.0509, which attests that the entity had 0.0509% of return per unit of price deviation over the last 3 months. Our outlook to 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-seven technical indicators for GX Nasdaq-100, which you can use to evaluate the future volatility of the entity. Please check out GX Nasdaq-100 Covered Market Risk Adjusted Performance of 0.0572, standard deviation of 1.24, and Semi Deviation of 1.46 to validate if the risk estimate we provide is consistent with the expected return of 0.0557%.
The etf owns a Beta (Systematic Risk) of 0.7564, which attests to possible diversification benefits within a given portfolio. Let's try to break down what GX Nasdaq-100's beta means in this case. As returns on the market increase, GX Nasdaq-100 returns are expected to increase less than the market. However, during the bear market, the loss on holding GX Nasdaq-100 will be expected to be smaller as well. Although it is important to respect GX Nasdaq-100 Covered existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. The way in which we are 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 inspecting GX Nasdaq-100 Covered technical indicators, you can at this moment evaluate if the expected return of 0.0557% will be sustainable into the future.

Auto-correlation

    
  0.76  

Good predictability

GX Nasdaq-100 Covered has good predictability. Overlapping area represents the amount of predictability between GX Nasdaq-100 time series from 15th of June 2022 to 15th of July 2022 and 15th of July 2022 to 14th of August 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 GX Nasdaq-100 Covered price movement. The serial correlation of 0.76 indicates that around 76.0% of current GX Nasdaq-100 price fluctuation can be explain by its past prices.
Correlation Coefficient0.76
Spearman Rank Test0.87
Residual Average0.0
Price Variance0.04

GX Nasdaq-100 Covered lagged returns against current returns

Autocorrelation, which is GX Nasdaq-100 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 GX Nasdaq-100's etf expected returns. We can calculate the autocorrelation of GX Nasdaq-100 returns to help us make a trade decision. For example, suppose you find that GX Nasdaq-100 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  

GX Nasdaq-100 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 GX Nasdaq-100 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GX Nasdaq-100 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GX Nasdaq-100 etf over time.
   Current vs Lagged Prices   
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       Timeline  

GX Nasdaq-100 Lagged Returns

When evaluating GX Nasdaq-100's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GX Nasdaq-100 etf have on its future price. GX Nasdaq-100 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, GX Nasdaq-100 autocorrelation shows the relationship between GX Nasdaq-100 etf current value and its past values and can show if there is a momentum factor associated with investing in GX Nasdaq-100 Covered.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in GX Nasdaq-100 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 see GX Nasdaq-100 Hype Analysis, GX Nasdaq-100 Correlation, Portfolio Optimization, GX Nasdaq-100 Volatility, as well as analyze GX Nasdaq-100 Alpha and Beta and GX Nasdaq-100 Performance. Note that the GX Nasdaq-100 Covered information on this page should be used as a complementary analysis to other GX Nasdaq-100'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running GX Nasdaq-100 Covered price analysis, check to measure GX Nasdaq-100'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 GX Nasdaq-100 is operating at the current time. Most of GX Nasdaq-100's value examination focuses on studying past and present price action to predict the probability of GX Nasdaq-100's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GX Nasdaq-100's price. Additionally, you may evaluate how the addition of GX Nasdaq-100 to your portfolios can decrease your overall portfolio volatility.
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GX Nasdaq-100 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 GX Nasdaq-100 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GX Nasdaq-100 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...