Rex Crypto Equity Etf Market Value
| CEPI Etf | 48.52 0.08 0.17% |
| Symbol | REX |
The market value of REX Crypto Equity is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX Crypto's value that differs from its market value or its book value, called intrinsic value, which is REX Crypto'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 REX Crypto's market value can be influenced by many factors that don't directly affect REX Crypto'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 REX Crypto's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX Crypto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX Crypto'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.
REX Crypto '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 REX Crypto'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 REX Crypto.
| 01/08/2025 |
| 02/07/2025 |
If you would invest 0.00 in REX Crypto on January 8, 2025 and sell it all today you would earn a total of 0.00 from holding REX Crypto Equity or generate 0.0% return on investment in REX Crypto over 30 days. REX Crypto is related to or competes with Freedom Day, Franklin Templeton, IShares MSCI, Tidal Trust, IShares Dividend, Altrius Global, and Invesco Exchange. More
REX Crypto 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 REX Crypto'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 REX Crypto Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.7 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 2.72 |
REX Crypto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for REX Crypto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as REX Crypto's standard deviation. In reality, there are many statistical measures that can use REX Crypto historical prices to predict the future REX Crypto's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.13) |
REX Crypto Equity Backtested Returns
REX Crypto Equity maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the entity had a close to zero % return per unit of risk over the last 3 months. REX Crypto Equity exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check REX Crypto's Variance of 4.14, insignificant risk adjusted performance, and Coefficient Of Variation of (11,004) to confirm the risk estimate we provide. The etf holds a Beta of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, REX Crypto's returns are expected to increase less than the market. However, during the bear market, the loss of holding REX Crypto is expected to be smaller as well.
Auto-correlation | 0.01 |
Virtually no predictability
REX Crypto Equity has virtually no predictability. Overlapping area represents the amount of predictability between REX Crypto time series from 8th of January 2025 to 23rd of January 2025 and 23rd of January 2025 to 7th of February 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 REX Crypto Equity price movement. The serial correlation of 0.01 indicates that just 1.0% of current REX Crypto price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.96 |
REX Crypto Equity lagged returns against current returns
Autocorrelation, which is REX Crypto 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 REX Crypto's etf expected returns. We can calculate the autocorrelation of REX Crypto returns to help us make a trade decision. For example, suppose you find that REX Crypto 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 |
REX Crypto 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 REX Crypto etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if REX Crypto etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in REX Crypto etf over time.
Current vs Lagged Prices |
| Timeline |
REX Crypto Lagged Returns
When evaluating REX Crypto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of REX Crypto etf have on its future price. REX Crypto 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, REX Crypto autocorrelation shows the relationship between REX Crypto etf current value and its past values and can show if there is a momentum factor associated with investing in REX Crypto Equity.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether REX Crypto Equity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of REX Crypto'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 Rex Crypto Equity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Rex Crypto Equity Etf:Check out REX Crypto Correlation, REX Crypto Volatility and REX Crypto Alpha and Beta module to complement your research on REX Crypto. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
REX Crypto 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.