Ninepoint Barrick's market value is the price at which a share of Ninepoint Barrick trades on a public exchange. It measures the collective expectations of Ninepoint Barrick HighShares investors about its performance. Ninepoint Barrick is selling at 18.37 as of the 23rd of January 2026; that is 0.05 percent decrease since the beginning of the trading day. The etf's open price was 18.38. With this module, you can estimate the performance of a buy and hold strategy of Ninepoint Barrick HighShares and determine expected loss or profit from investing in Ninepoint Barrick 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 employment.
Symbol
Ninepoint
Ninepoint Barrick '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 Ninepoint Barrick'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 Ninepoint Barrick.
0.00
10/25/2025
No Change 0.00
0.0
In 2 months and 31 days
01/23/2026
0.00
If you would invest 0.00 in Ninepoint Barrick on October 25, 2025 and sell it all today you would earn a total of 0.00 from holding Ninepoint Barrick HighShares or generate 0.0% return on investment in Ninepoint Barrick over 90 days.
Ninepoint Barrick 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 Ninepoint Barrick'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 Ninepoint Barrick HighShares 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 Ninepoint Barrick's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ninepoint Barrick's standard deviation. In reality, there are many statistical measures that can use Ninepoint Barrick historical prices to predict the future Ninepoint Barrick's volatility.
Ninepoint Barrick appears to be not too volatile, given 3 months investment horizon. Ninepoint Barrick has Sharpe Ratio of 0.33, which conveys that the entity had a 0.33 % return per unit of risk over the last 3 months. By analyzing Ninepoint Barrick's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please exercise Ninepoint Barrick's Downside Deviation of 2.63, mean deviation of 1.83, and Risk Adjusted Performance of 0.1834 to check out if our risk estimates are consistent with your expectations. The etf secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Ninepoint Barrick's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ninepoint Barrick is expected to be smaller as well.
Auto-correlation
0.90
Excellent predictability
Ninepoint Barrick HighShares has excellent predictability. Overlapping area represents the amount of predictability between Ninepoint Barrick time series from 25th of October 2025 to 9th of December 2025 and 9th of December 2025 to 23rd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ninepoint Barrick price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Ninepoint Barrick price fluctuation can be explain by its past prices.
Correlation Coefficient
0.9
Spearman Rank Test
0.89
Residual Average
0.0
Price Variance
1.2
Pair Trading with Ninepoint Barrick
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 Ninepoint Barrick 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 Ninepoint Barrick will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Ninepoint Barrick could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ninepoint Barrick 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 Ninepoint Barrick - 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 Ninepoint Barrick HighShares to buy it.
The correlation of Ninepoint Barrick 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 Ninepoint Barrick moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ninepoint Barrick 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 Ninepoint Barrick 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.