Ars Core Equity Etf Market Value
| ACEP Etf | 16.51 0.07 0.43% |
| Symbol | ARS |
The market value of ARS Core Equity is measured differently than its book value, which is the value of ARS that is recorded on the company's balance sheet. Investors also form their own opinion of ARS Core's value that differs from its market value or its book value, called intrinsic value, which is ARS Core'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 ARS Core's market value can be influenced by many factors that don't directly affect ARS Core'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 ARS Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARS Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARS Core'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.
ARS Core '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 ARS Core'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 ARS Core.
| 01/04/2024 |
| 12/24/2025 |
If you would invest 0.00 in ARS Core on January 4, 2024 and sell it all today you would earn a total of 0.00 from holding ARS Core Equity or generate 0.0% return on investment in ARS Core over 720 days. ARS Core is related to or competes with FT Vest, Northern Lights, Diamond Hill, Dimensional International, Tidal Trust, First Trust, and ProShares Trust. More
ARS Core 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 ARS Core'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 ARS Core Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.3827 | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 1.3 |
ARS Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARS Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ARS Core's standard deviation. In reality, there are many statistical measures that can use ARS Core historical prices to predict the future ARS Core's volatility.| Risk Adjusted Performance | 0.3281 | |||
| Jensen Alpha | 0.3701 | |||
| Total Risk Alpha | 0.305 | |||
| Treynor Ratio | 6.4 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ARS Core'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.
ARS Core Equity Backtested Returns
ARS Core appears to be very steady, given 3 months investment horizon. ARS Core Equity secures Sharpe Ratio (or Efficiency) of 0.47, which signifies that the etf had a 0.47 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for ARS Core Equity, which you can use to evaluate the volatility of the entity. Please makes use of ARS Core's risk adjusted performance of 0.3281, and Mean Deviation of 0.5953 to double-check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.0584, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ARS Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding ARS Core is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
ARS Core Equity has no correlation between past and present. Overlapping area represents the amount of predictability between ARS Core time series from 4th of January 2024 to 29th of December 2024 and 29th of December 2024 to 24th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ARS Core Equity price movement. The serial correlation of 0.0 indicates that just 0.0% of current ARS Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ARS Core Equity lagged returns against current returns
Autocorrelation, which is ARS Core 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 ARS Core's etf expected returns. We can calculate the autocorrelation of ARS Core returns to help us make a trade decision. For example, suppose you find that ARS Core 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 |
ARS Core 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 ARS Core etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ARS Core etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ARS Core etf over time.
Current vs Lagged Prices |
| Timeline |
ARS Core Lagged Returns
When evaluating ARS Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ARS Core etf have on its future price. ARS Core 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, ARS Core autocorrelation shows the relationship between ARS Core etf current value and its past values and can show if there is a momentum factor associated with investing in ARS Core Equity.
Regressed Prices |
| Timeline |
Pair Trading with ARS Core
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 ARS Core 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 ARS Core will appreciate offsetting losses from the drop in the long position's value.Moving against ARS Etf
The ability to find closely correlated positions to ARS Core could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ARS Core 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 ARS Core - 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 ARS Core Equity to buy it.
The correlation of ARS Core 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 ARS Core moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARS Core Equity 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 ARS Core 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 ARS Core Correlation, ARS Core Volatility and ARS Core Alpha and Beta module to complement your research on ARS Core. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
ARS Core 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.