Yieldmax Abnb Option Etf Market Value
| ABNY Etf | 15.77 0.07 0.45% |
| Symbol | YieldMax |
The market value of YieldMax ABNB Option is measured differently than its book value, which is the value of YieldMax that is recorded on the company's balance sheet. Investors also form their own opinion of YieldMax ABNB's value that differs from its market value or its book value, called intrinsic value, which is YieldMax ABNB'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 YieldMax ABNB's market value can be influenced by many factors that don't directly affect YieldMax ABNB'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 YieldMax ABNB's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax ABNB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax ABNB'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.
YieldMax ABNB '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 YieldMax ABNB'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 YieldMax ABNB.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in YieldMax ABNB on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding YieldMax ABNB Option or generate 0.0% return on investment in YieldMax ABNB over 720 days. YieldMax ABNB is related to or competes with Global X, First Trust, Amplify CWP, and ProShares. YieldMax ABNB is entity of United States More
YieldMax ABNB 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 YieldMax ABNB'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 YieldMax ABNB Option upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.0533 | |||
| Maximum Drawdown | 8.25 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 2.08 |
YieldMax ABNB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YieldMax ABNB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YieldMax ABNB's standard deviation. In reality, there are many statistical measures that can use YieldMax ABNB historical prices to predict the future YieldMax ABNB's volatility.| Risk Adjusted Performance | 0.1211 | |||
| Jensen Alpha | 0.1115 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.047 | |||
| Treynor Ratio | 0.2899 |
YieldMax ABNB Option Backtested Returns
YieldMax ABNB appears to be very steady, given 3 months investment horizon. YieldMax ABNB Option shows Sharpe Ratio of 0.15, which attests that the etf had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for YieldMax ABNB Option, which you can use to evaluate the volatility of the etf. Please utilize YieldMax ABNB's Downside Deviation of 1.5, mean deviation of 0.9799, and Market Risk Adjusted Performance of 0.2999 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of 0.66, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, YieldMax ABNB's returns are expected to increase less than the market. However, during the bear market, the loss of holding YieldMax ABNB is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
YieldMax ABNB Option has no correlation between past and present. Overlapping area represents the amount of predictability between YieldMax ABNB time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 YieldMax ABNB Option price movement. The serial correlation of 0.0 indicates that just 0.0% of current YieldMax ABNB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 2.93 |
YieldMax ABNB Option lagged returns against current returns
Autocorrelation, which is YieldMax ABNB 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 YieldMax ABNB's etf expected returns. We can calculate the autocorrelation of YieldMax ABNB returns to help us make a trade decision. For example, suppose you find that YieldMax ABNB 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 |
YieldMax ABNB 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 YieldMax ABNB etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YieldMax ABNB etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YieldMax ABNB etf over time.
Current vs Lagged Prices |
| Timeline |
YieldMax ABNB Lagged Returns
When evaluating YieldMax ABNB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YieldMax ABNB etf have on its future price. YieldMax ABNB 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, YieldMax ABNB autocorrelation shows the relationship between YieldMax ABNB etf current value and its past values and can show if there is a momentum factor associated with investing in YieldMax ABNB Option.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether YieldMax ABNB Option offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YieldMax ABNB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Yieldmax Abnb Option Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Yieldmax Abnb Option Etf:Check out YieldMax ABNB Correlation, YieldMax ABNB Volatility and YieldMax ABNB Alpha and Beta module to complement your research on YieldMax ABNB. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
YieldMax ABNB 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.