Starboard Investment Trust Etf Market Value
| AMAX Etf | USD 7.98 0.02 0.25% |
| Symbol | Starboard |
The market value of Starboard Investment is measured differently than its book value, which is the value of Starboard that is recorded on the company's balance sheet. Investors also form their own opinion of Starboard Investment's value that differs from its market value or its book value, called intrinsic value, which is Starboard Investment'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 Starboard Investment's market value can be influenced by many factors that don't directly affect Starboard Investment'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 Starboard Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Starboard Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Starboard Investment'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.
Starboard Investment '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 Starboard Investment'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 Starboard Investment.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Starboard Investment on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Starboard Investment Trust or generate 0.0% return on investment in Starboard Investment over 30 days. Starboard Investment is related to or competes with Adaptive Alpha, Anfield Dynamic, American Century, Dimensional ETF, and Anfield Universal. As an actively managed exchange-traded fund , the fund will not seek to replicate the performance of an index More
Starboard Investment 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 Starboard Investment'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 Starboard Investment Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4801 | |||
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 2.13 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.8827 |
Starboard Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Starboard Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Starboard Investment's standard deviation. In reality, there are many statistical measures that can use Starboard Investment historical prices to predict the future Starboard Investment's volatility.| Risk Adjusted Performance | 6.0E-4 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | (0.05) |
Starboard Investment Backtested Returns
At this stage we consider Starboard Etf to be very steady. Starboard Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0486, which indicates the etf had a 0.0486% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Starboard Investment Trust, which you can use to evaluate the volatility of the etf. Please validate Starboard Investment's Coefficient Of Variation of 9131.11, semi deviation of 0.414, and Risk Adjusted Performance of 6.0E-4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0206%. The entity has a beta of 0.0992, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Starboard Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Starboard Investment is expected to be smaller as well.
Auto-correlation | 0.30 |
Below average predictability
Starboard Investment Trust has below average predictability. Overlapping area represents the amount of predictability between Starboard Investment time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Starboard Investment price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Starboard Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Starboard Investment lagged returns against current returns
Autocorrelation, which is Starboard Investment 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 Starboard Investment's etf expected returns. We can calculate the autocorrelation of Starboard Investment returns to help us make a trade decision. For example, suppose you find that Starboard Investment 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 |
Starboard Investment 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 Starboard Investment etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Starboard Investment etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Starboard Investment etf over time.
Current vs Lagged Prices |
| Timeline |
Starboard Investment Lagged Returns
When evaluating Starboard Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Starboard Investment etf have on its future price. Starboard Investment 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, Starboard Investment autocorrelation shows the relationship between Starboard Investment etf current value and its past values and can show if there is a momentum factor associated with investing in Starboard Investment Trust.
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 Starboard Investment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Starboard Investment'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 Starboard Investment Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Starboard Investment Trust Etf:Check out Starboard Investment Correlation, Starboard Investment Volatility and Starboard Investment Alpha and Beta module to complement your research on Starboard Investment. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Starboard Investment 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.