American Customer Satisfaction Etf Market Value
| ACSI Etf | USD 62.54 0.37 0.60% |
| Symbol | American |
The market value of American Customer is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Customer's value that differs from its market value or its book value, called intrinsic value, which is American Customer'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 American Customer's market value can be influenced by many factors that don't directly affect American Customer'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 American Customer's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Customer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Customer'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.
American Customer '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 American Customer'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 American Customer.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in American Customer on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding American Customer Satisfaction or generate 0.0% return on investment in American Customer over 540 days. American Customer is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Dividend, Vanguard Large, Invesco SP, and IShares Russell. Under normal circumstances, at least 80 percent of the funds net assets, plus borrowings for investment purposes, will b... More
American Customer 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 American Customer'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 American Customer Satisfaction upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.703 | |||
| Information Ratio | 0.0136 | |||
| Maximum Drawdown | 4.19 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 0.945 |
American Customer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Customer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Customer's standard deviation. In reality, there are many statistical measures that can use American Customer historical prices to predict the future American Customer's volatility.| Risk Adjusted Performance | 0.1412 | |||
| Jensen Alpha | 0.0291 | |||
| Total Risk Alpha | 0.0151 | |||
| Sortino Ratio | 0.0141 | |||
| Treynor Ratio | 0.1503 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Customer'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.
American Customer Backtested Returns
American Customer is very steady at the moment. American Customer secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the etf had a 0.21% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for American Customer Satisfaction, which you can use to evaluate the volatility of the entity. Please confirm American Customer's mean deviation of 0.513, and Risk Adjusted Performance of 0.1412 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. The etf shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, American Customer's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Customer is expected to be smaller as well.
Auto-correlation | 0.51 |
Modest predictability
American Customer Satisfaction has modest predictability. Overlapping area represents the amount of predictability between American Customer 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 American Customer price movement. The serial correlation of 0.51 indicates that about 51.0% of current American Customer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 8.74 |
American Customer lagged returns against current returns
Autocorrelation, which is American Customer 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 American Customer's etf expected returns. We can calculate the autocorrelation of American Customer returns to help us make a trade decision. For example, suppose you find that American Customer 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 |
American Customer 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 American Customer etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Customer etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Customer etf over time.
Current vs Lagged Prices |
| Timeline |
American Customer Lagged Returns
When evaluating American Customer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Customer etf have on its future price. American Customer 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, American Customer autocorrelation shows the relationship between American Customer etf current value and its past values and can show if there is a momentum factor associated with investing in American Customer Satisfaction.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether American Customer offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Customer'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 American Customer Satisfaction Etf. Outlined below are crucial reports that will aid in making a well-informed decision on American Customer Satisfaction Etf:Check out American Customer Correlation, American Customer Volatility and American Customer Alpha and Beta module to complement your research on American Customer. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
American Customer 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.