Capitol Series Trust Etf Market Value
| CWC Etf | USD 30.73 0.28 0.92% |
| Symbol | Capitol |
The market value of Capitol Series Trust is measured differently than its book value, which is the value of Capitol that is recorded on the company's balance sheet. Investors also form their own opinion of Capitol Series' value that differs from its market value or its book value, called intrinsic value, which is Capitol Series' 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 Capitol Series' market value can be influenced by many factors that don't directly affect Capitol Series' 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 Capitol Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if Capitol Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capitol Series' 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.
Capitol Series '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 Capitol Series' 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 Capitol Series.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Capitol Series on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Capitol Series Trust or generate 0.0% return on investment in Capitol Series over 720 days. Capitol Series is related to or competes with FT Vest, Zillow Group, Northern Lights, VanEck Vectors, Freedom Day, and SSGA Active. The fund is an actively-managed exchange-traded fund that will invest under normal circumstances primarily in domestic e... More
Capitol Series 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 Capitol Series' 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 Capitol Series Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.069 | |||
| Maximum Drawdown | 4.93 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.73 |
Capitol Series Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capitol Series' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capitol Series' standard deviation. In reality, there are many statistical measures that can use Capitol Series historical prices to predict the future Capitol Series' volatility.| Risk Adjusted Performance | 0.1437 | |||
| Jensen Alpha | 0.1944 | |||
| Total Risk Alpha | 0.0197 | |||
| Sortino Ratio | 0.0676 | |||
| Treynor Ratio | 5.39 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Capitol Series' 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.
Capitol Series Trust Backtested Returns
Capitol Series appears to be very steady, given 3 months investment horizon. Capitol Series Trust secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the etf had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for Capitol Series Trust, which you can use to evaluate the volatility of the entity. Please makes use of Capitol Series' Mean Deviation of 0.8393, downside deviation of 1.16, and Risk Adjusted Performance of 0.1437 to double-check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.0369, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Capitol Series' returns are expected to increase less than the market. However, during the bear market, the loss of holding Capitol Series is expected to be smaller as well.
Auto-correlation | 0.87 |
Very good predictability
Capitol Series Trust has very good predictability. Overlapping area represents the amount of predictability between Capitol Series time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 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 Capitol Series Trust price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Capitol Series price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 6.2 |
Capitol Series Trust lagged returns against current returns
Autocorrelation, which is Capitol Series 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 Capitol Series' etf expected returns. We can calculate the autocorrelation of Capitol Series returns to help us make a trade decision. For example, suppose you find that Capitol Series 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 |
Capitol Series 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 Capitol Series etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capitol Series etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capitol Series etf over time.
Current vs Lagged Prices |
| Timeline |
Capitol Series Lagged Returns
When evaluating Capitol Series' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capitol Series etf have on its future price. Capitol Series 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, Capitol Series autocorrelation shows the relationship between Capitol Series etf current value and its past values and can show if there is a momentum factor associated with investing in Capitol Series 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 Capitol Series Trust is a strong investment it is important to analyze Capitol Series' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Capitol Series' future performance. For an informed investment choice regarding Capitol Etf, refer to the following important reports:Check out Capitol Series Correlation, Capitol Series Volatility and Capitol Series Alpha and Beta module to complement your research on Capitol Series. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Capitol Series 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.