The Beehive Etf Market Value
| BEEX Etf | 26.52 0.07 0.26% |
| Symbol | Beehive |
The market value of Beehive ETF is measured differently than its book value, which is the value of Beehive that is recorded on the company's balance sheet. Investors also form their own opinion of Beehive ETF's value that differs from its market value or its book value, called intrinsic value, which is Beehive ETF'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 Beehive ETF's market value can be influenced by many factors that don't directly affect Beehive ETF'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 Beehive ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beehive ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beehive ETF'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.
Beehive ETF '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 Beehive ETF'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 Beehive ETF.
| 01/27/2024 |
| 01/16/2026 |
If you would invest 0.00 in Beehive ETF on January 27, 2024 and sell it all today you would earn a total of 0.00 from holding The Beehive ETF or generate 0.0% return on investment in Beehive ETF over 720 days. Beehive ETF is related to or competes with EA Series, Invesco Actively, Harbor ETF, Harbor ETF, IShares Trust, Xtrackers MSCI, and IShares MSCI. Beehive ETF is entity of United States. It is traded as Etf on NASDAQ exchange. More
Beehive ETF 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 Beehive ETF'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 The Beehive ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6809 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.93 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.15 |
Beehive ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beehive ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beehive ETF's standard deviation. In reality, there are many statistical measures that can use Beehive ETF historical prices to predict the future Beehive ETF's volatility.| Risk Adjusted Performance | 0.0821 | |||
| Jensen Alpha | 0.0508 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3655 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Beehive ETF'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.
Beehive ETF Backtested Returns
At this stage we consider Beehive Etf to be very steady. Beehive ETF secures Sharpe Ratio (or Efficiency) of 0.0887, which signifies that the etf had a 0.0887 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for The Beehive ETF, which you can use to evaluate the volatility of the entity. Please confirm Beehive ETF's Mean Deviation of 0.5249, semi deviation of 0.5256, and Risk Adjusted Performance of 0.0821 to double-check if the risk estimate we provide is consistent with the expected return of 0.0602%. The etf shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Beehive ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beehive ETF is expected to be smaller as well.
Auto-correlation | 0.11 |
Insignificant predictability
The Beehive ETF has insignificant predictability. Overlapping area represents the amount of predictability between Beehive ETF time series from 27th of January 2024 to 21st of January 2025 and 21st of January 2025 to 16th 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 Beehive ETF price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Beehive ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Beehive ETF lagged returns against current returns
Autocorrelation, which is Beehive ETF 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 Beehive ETF's etf expected returns. We can calculate the autocorrelation of Beehive ETF returns to help us make a trade decision. For example, suppose you find that Beehive ETF 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 |
Beehive ETF 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 Beehive ETF etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beehive ETF etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beehive ETF etf over time.
Current vs Lagged Prices |
| Timeline |
Beehive ETF Lagged Returns
When evaluating Beehive ETF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beehive ETF etf have on its future price. Beehive ETF 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, Beehive ETF autocorrelation shows the relationship between Beehive ETF etf current value and its past values and can show if there is a momentum factor associated with investing in The Beehive ETF.
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 Beehive ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beehive ETF'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 The Beehive Etf. Outlined below are crucial reports that will aid in making a well-informed decision on The Beehive Etf:Check out Beehive ETF Correlation, Beehive ETF Volatility and Beehive ETF Alpha and Beta module to complement your research on Beehive ETF. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Beehive ETF 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.