Sonicshares Global Shipping Etf Market Value
| BOAT Etf | USD 42.71 0.16 0.37% |
| Symbol | SonicShares |
The market value of SonicShares Global is measured differently than its book value, which is the value of SonicShares that is recorded on the company's balance sheet. Investors also form their own opinion of SonicShares Global's value that differs from its market value or its book value, called intrinsic value, which is SonicShares Global's true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because SonicShares Global's market value can be influenced by many factors that don't directly affect SonicShares Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between SonicShares Global's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding SonicShares Global should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, SonicShares Global's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
SonicShares Global '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 SonicShares Global'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 SonicShares Global.
| 12/04/2025 |
| 03/04/2026 |
If you would invest 0.00 in SonicShares Global on December 4, 2025 and sell it all today you would earn a total of 0.00 from holding SonicShares Global Shipping or generate 0.0% return on investment in SonicShares Global over 90 days. SonicShares Global is related to or competes with Global X, Invesco MSCI, Invesco DB, Madison ETFs, Exchange Listed, Tidal ETF, and Siren Nasdaq. The index is a rules-based index that seeks to provide exposure to a global portfolio of companies identified as being e... More
SonicShares Global 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 SonicShares Global'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 SonicShares Global Shipping upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7378 | |||
| Information Ratio | 0.4114 | |||
| Maximum Drawdown | 3.96 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 2.18 |
SonicShares Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SonicShares Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SonicShares Global's standard deviation. In reality, there are many statistical measures that can use SonicShares Global historical prices to predict the future SonicShares Global's volatility.| Risk Adjusted Performance | 0.3467 | |||
| Jensen Alpha | 0.4514 | |||
| Total Risk Alpha | 0.4158 | |||
| Sortino Ratio | 0.5829 | |||
| Treynor Ratio | 1.11 |
SonicShares Global March 4, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.3467 | |||
| Market Risk Adjusted Performance | 1.12 | |||
| Mean Deviation | 0.8496 | |||
| Downside Deviation | 0.7378 | |||
| Coefficient Of Variation | 219.21 | |||
| Standard Deviation | 1.05 | |||
| Variance | 1.09 | |||
| Information Ratio | 0.4114 | |||
| Jensen Alpha | 0.4514 | |||
| Total Risk Alpha | 0.4158 | |||
| Sortino Ratio | 0.5829 | |||
| Treynor Ratio | 1.11 | |||
| Maximum Drawdown | 3.96 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 2.18 | |||
| Downside Variance | 0.5443 | |||
| Semi Variance | (0.09) | |||
| Expected Short fall | (1.14) | |||
| Skewness | 0.2137 | |||
| Kurtosis | (0.53) |
SonicShares Global Backtested Returns
SonicShares Global appears to be very steady, given 3 months investment horizon. SonicShares Global owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.45, which indicates the etf had a 0.45 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SonicShares Global Shipping, which you can use to evaluate the volatility of the etf. Please review SonicShares Global's Downside Deviation of 0.7378, risk adjusted performance of 0.3467, and Standard Deviation of 1.05 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SonicShares Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding SonicShares Global is expected to be smaller as well.
Auto-correlation | 0.79 |
Good predictability
SonicShares Global Shipping has good predictability. Overlapping area represents the amount of predictability between SonicShares Global time series from 4th of December 2025 to 18th of January 2026 and 18th of January 2026 to 4th of March 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 SonicShares Global price movement. The serial correlation of 0.79 indicates that around 79.0% of current SonicShares Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 8.22 |
Thematic Opportunities
Explore Investment Opportunities
Check out SonicShares Global Correlation, SonicShares Global Volatility and SonicShares Global Performance module to complement your research on SonicShares Global. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
SonicShares Global 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.