Semiconductor Etf Market Value

SOXS
 Etf
  

USD 35.31  1.68  5.00%   

Semiconductor Bear's market value is the price at which a share of Semiconductor Bear stock trades on a public exchange. It measures the collective expectations of Semiconductor Bear 3X investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Semiconductor Bear 3X and determine expected loss or profit from investing in Semiconductor Bear over a given investment horizon. Additionally, take a look at Semiconductor Bear Correlation, Semiconductor Bear Volatility and Semiconductor Bear Alpha and Beta module to complement your research on Semiconductor Bear.
Symbol

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

Semiconductor Bear '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 Semiconductor Bear'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 Semiconductor Bear.
0.00
03/03/2022
No Change 0.00  0.0 
In 8 months and 28 days
11/28/2022
0.00
If you would invest  0.00  in Semiconductor Bear on March 3, 2022 and sell it all today you would earn a total of 0.00 from holding Semiconductor Bear 3X or generate 0.0% return on investment in Semiconductor Bear over 270 days. Semiconductor Bear is related to or competes with Short Russell. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combinat... More

Semiconductor Bear 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 Semiconductor Bear'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 Semiconductor Bear 3X upside and downside potential and time the market with a certain degree of confidence.

Semiconductor Bear Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Semiconductor Bear's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Semiconductor Bear's standard deviation. In reality, there are many statistical measures that can use Semiconductor Bear historical prices to predict the future Semiconductor Bear's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Semiconductor Bear'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 Semiconductor Bear in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
25.3333.6341.93
Details
Intrinsic
Valuation
LowReal ValueHigh
24.6632.9641.26
Details
Naive
Forecast
LowNext ValueHigh
28.2436.5444.85
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.9945.9467.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Semiconductor Bear. Your research has to be compared to or analyzed against Semiconductor Bear's peers to derive any actionable benefits. When done correctly, Semiconductor Bear'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 Semiconductor Bear.

Semiconductor Bear Backtested Returns

Semiconductor Bear owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0126, which indicates the etf had -0.0126% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring 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. Semiconductor Bear 3X exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Semiconductor Bear Semi Deviation of 8.77, coefficient of variation of 10010.86, and Risk Adjusted Performance of 0.0225 to confirm the risk estimate we provide.
The entity has a beta of -5.0411, which indicates a somewhat significant risk relative to the market. Let's try to break down what Semiconductor's beta means in this case. As returns on the market increase, returns on owning Semiconductor Bear are expected to decrease by larger amounts. On the other hand, during market turmoil, Semiconductor Bear is expected to outperform it. Even though it is essential to pay attention to Semiconductor Bear current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring 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. Semiconductor Bear 3X exposes twenty-seven different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.07  

Very weak reverse predictability

Semiconductor Bear 3X has very weak reverse predictability. Overlapping area represents the amount of predictability between Semiconductor Bear time series from 3rd of March 2022 to 16th of July 2022 and 16th of July 2022 to 28th 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 Semiconductor Bear price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Semiconductor Bear price fluctuation can be explain by its past prices.
Correlation Coefficient-0.07
Spearman Rank Test0.24
Residual Average0.0
Price Variance164.15

Semiconductor Bear lagged returns against current returns

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

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

Semiconductor Bear Lagged Returns

When evaluating Semiconductor Bear's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Semiconductor Bear etf have on its future price. Semiconductor Bear 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, Semiconductor Bear autocorrelation shows the relationship between Semiconductor Bear etf current value and its past values and can show if there is a momentum factor associated with investing in Semiconductor Bear 3X.
   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 Semiconductor Bear 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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Additionally, take a look at Semiconductor Bear Correlation, Semiconductor Bear Volatility and Semiconductor Bear Alpha and Beta module to complement your research on Semiconductor Bear. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for analysis

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