Strategy Shares Etf Forecast - Sortino Ratio
| NZRO Etf | USD 23.06 0.00 0.00% |
Strategy Etf Forecast is based on your current time horizon.
Strategy |
| Check Strategy Shares Volatility | Backtest Strategy Shares | Information Ratio |
Strategy Shares Trading Date Momentum
| On December 01 2024 Strategy Shares was traded for 23.06 at the closing time. The top price for the day was 23.06 and the lowest listed price was 23.06 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.00% . |
Strategy Shares Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Strategy Shares etf to make a market-neutral strategy. Peer analysis of Strategy Shares could also be used in its relative valuation, which is a method of valuing Strategy Shares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Strategy Shares Market Strength Events
Market strength indicators help investors to evaluate how Strategy Shares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Strategy Shares shares will generate the highest return on investment. By undertsting and applying Strategy Shares etf market strength indicators, traders can identify Strategy Shares entry and exit signals to maximize returns.
Strategy Shares Risk Indicators
The analysis of Strategy Shares' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Strategy Shares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting strategy etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.7351 | |||
| Semi Deviation | 0.7467 | |||
| Standard Deviation | 0.9187 | |||
| Variance | 0.8439 | |||
| Downside Variance | 0.7432 | |||
| Semi Variance | 0.5575 | |||
| Expected Short fall | (0.85) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Strategy Shares
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Strategy Shares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Strategy Shares will appreciate offsetting losses from the drop in the long position's value.Moving together with Strategy Etf
| 0.87 | VUG | Vanguard Growth Index | PairCorr |
| 0.85 | IWF | iShares Russell 1000 | PairCorr |
| 0.84 | IVW | iShares SP 500 | PairCorr |
| 0.84 | SPYG | SPDR Portfolio SP | PairCorr |
| 0.84 | IUSG | iShares Core SP | PairCorr |
The ability to find closely correlated positions to Strategy Shares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strategy Shares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Strategy Shares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Strategy Shares to buy it.
The correlation of Strategy Shares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Strategy Shares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strategy Shares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Strategy Shares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Strategy Shares is measured differently than its book value, which is the value of Strategy that is recorded on the company's balance sheet. Investors also form their own opinion of Strategy Shares' value that differs from its market value or its book value, called intrinsic value, which is Strategy Shares' 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 Strategy Shares' market value can be influenced by many factors that don't directly affect Strategy Shares' 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 Strategy Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategy Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategy Shares' 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.