Capital Tip's market value is the price at which a share of Capital Tip trades on a public exchange. It measures the collective expectations of Capital Tip Customized investors about its performance. Capital Tip is selling for under 20.89 as of the 29th of November 2024; that is 0.33 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 20.75. With this module, you can estimate the performance of a buy and hold strategy of Capital Tip Customized and determine expected loss or profit from investing in Capital Tip over a given investment horizon. Check out Trending Equities 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 nation.
Symbol
Capital
Capital Tip '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 Capital Tip'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 Capital Tip.
0.00
06/08/2023
No Change 0.00
0.0
In 1 year 5 months and 25 days
11/29/2024
0.00
If you would invest 0.00 in Capital Tip on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Capital Tip Customized or generate 0.0% return on investment in Capital Tip over 540 days.
Capital Tip 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 Capital Tip'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 Capital Tip Customized upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capital Tip's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capital Tip's standard deviation. In reality, there are many statistical measures that can use Capital Tip historical prices to predict the future Capital Tip's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Capital Tip. Your research has to be compared to or analyzed against Capital Tip's peers to derive any actionable benefits. When done correctly, Capital Tip's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Capital Tip Customized.
Capital Tip Customized Backtested Returns
Currently, Capital Tip Customized is very steady. Capital Tip Customized secures Sharpe Ratio (or Efficiency) of 0.0022, which signifies that the etf had a 0.0022% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Capital Tip Customized, which you can use to evaluate the volatility of the entity. Please confirm Capital Tip's Risk Adjusted Performance of 0.0057, mean deviation of 0.7806, and Downside Deviation of 1.2 to double-check if the risk estimate we provide is consistent with the expected return of 0.0025%. The etf shows a Beta (market volatility) of 0.0344, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Capital Tip's returns are expected to increase less than the market. However, during the bear market, the loss of holding Capital Tip is expected to be smaller as well.
Auto-correlation
0.31
Below average predictability
Capital Tip Customized has below average predictability. Overlapping area represents the amount of predictability between Capital Tip time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Capital Tip Customized price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Capital Tip price fluctuation can be explain by its past prices.
Correlation Coefficient
0.31
Spearman Rank Test
0.39
Residual Average
0.0
Price Variance
1.71
Capital Tip Customized lagged returns against current returns
Autocorrelation, which is Capital Tip 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 Capital Tip's etf expected returns. We can calculate the autocorrelation of Capital Tip returns to help us make a trade decision. For example, suppose you find that Capital Tip has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Capital Tip 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 Capital Tip etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capital Tip etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capital Tip etf over time.
Current vs Lagged Prices
Timeline
Capital Tip Lagged Returns
When evaluating Capital Tip's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capital Tip etf have on its future price. Capital Tip 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, Capital Tip autocorrelation shows the relationship between Capital Tip etf current value and its past values and can show if there is a momentum factor associated with investing in Capital Tip Customized.
Regressed Prices
Timeline
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