City Different Investments Etf Market Value
| CDIG Etf | 25.13 0.07 0.28% |
| Symbol | City |
The market value of City Different Inves is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Different's value that differs from its market value or its book value, called intrinsic value, which is City Different'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 City Different's market value can be influenced by many factors that don't directly affect City Different'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 City Different's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Different is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Different'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.
City Different '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 City Different'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 City Different.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in City Different on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding City Different Investments or generate 0.0% return on investment in City Different over 180 days. City Different is related to or competes with KraneShares Trust, AdvisorShares Restaurant, Amplify Weight, IREIT MarketVector, Columbia ETF, Proshares, and Harbor ETF. More
City Different 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 City Different'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 City Different Investments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.72 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.52 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.49 |
City Different Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for City Different's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as City Different's standard deviation. In reality, there are many statistical measures that can use City Different historical prices to predict the future City Different's volatility.| Risk Adjusted Performance | 0.0081 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0) |
City Different Inves Backtested Returns
At this point, City Different is very steady. City Different Inves secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the etf had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for City Different Investments, which you can use to evaluate the volatility of the entity. Please confirm City Different's Downside Deviation of 1.72, mean deviation of 1.13, and Risk Adjusted Performance of 0.0081 to double-check if the risk estimate we provide is consistent with the expected return of 0.0058%. The etf shows a Beta (market volatility) of 1.38, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, City Different will likely underperform.
Auto-correlation | -0.44 |
Modest reverse predictability
City Different Investments has modest reverse predictability. Overlapping area represents the amount of predictability between City Different time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th 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 City Different Inves price movement. The serial correlation of -0.44 indicates that just about 44.0% of current City Different price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
City Different Inves lagged returns against current returns
Autocorrelation, which is City Different 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 City Different's etf expected returns. We can calculate the autocorrelation of City Different returns to help us make a trade decision. For example, suppose you find that City Different 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 |
City Different 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 City Different etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if City Different etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in City Different etf over time.
Current vs Lagged Prices |
| Timeline |
City Different Lagged Returns
When evaluating City Different's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of City Different etf have on its future price. City Different 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, City Different autocorrelation shows the relationship between City Different etf current value and its past values and can show if there is a momentum factor associated with investing in City Different Investments.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Check out City Different Correlation, City Different Volatility and City Different Alpha and Beta module to complement your research on City Different. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
City Different 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.