Democratic Large Cap Etf Market Value
| DEMZ Etf | USD 37.55 0.22 0.59% |
| Symbol | Democratic |
The market value of Democratic Large Cap is measured differently than its book value, which is the value of Democratic that is recorded on the company's balance sheet. Investors also form their own opinion of Democratic Large's value that differs from its market value or its book value, called intrinsic value, which is Democratic Large'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 Democratic Large's market value can be influenced by many factors that don't directly affect Democratic Large'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 Democratic Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Democratic Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Democratic Large'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.
Democratic Large '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 Democratic Large'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 Democratic Large.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Democratic Large on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Democratic Large Cap or generate 0.0% return on investment in Democratic Large over 30 days. Democratic Large is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Dividend, Invesco SP, IShares ESG, and SPDR Portfolio. The index is a subset of the SP 500 Index designed to provide exposure to large capitalization companies that make polit... More
Democratic Large 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 Democratic Large'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 Democratic Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8263 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.55 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.3 |
Democratic Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Democratic Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Democratic Large's standard deviation. In reality, there are many statistical measures that can use Democratic Large historical prices to predict the future Democratic Large's volatility.| Risk Adjusted Performance | 0.0966 | |||
| Jensen Alpha | 0.0115 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1195 |
Democratic Large Cap Backtested Returns
At this stage we consider Democratic Etf to be very steady. Democratic Large Cap secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the etf had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for Democratic Large Cap, which you can use to evaluate the volatility of the entity. Please confirm Democratic Large's Mean Deviation of 0.5563, coefficient of variation of 788.16, and Downside Deviation of 0.8263 to check if the risk estimate we provide is consistent with the expected return of 0.14%. The etf shows a Beta (market volatility) of 0.71, which means possible diversification benefits within a given portfolio. As returns on the market increase, Democratic Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Democratic Large is expected to be smaller as well.
Auto-correlation | 0.56 |
Modest predictability
Democratic Large Cap has modest predictability. Overlapping area represents the amount of predictability between Democratic Large time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Democratic Large Cap price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Democratic Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Democratic Large Cap lagged returns against current returns
Autocorrelation, which is Democratic Large 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 Democratic Large's etf expected returns. We can calculate the autocorrelation of Democratic Large returns to help us make a trade decision. For example, suppose you find that Democratic Large 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 |
Democratic Large 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 Democratic Large etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Democratic Large etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Democratic Large etf over time.
Current vs Lagged Prices |
| Timeline |
Democratic Large Lagged Returns
When evaluating Democratic Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Democratic Large etf have on its future price. Democratic Large 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, Democratic Large autocorrelation shows the relationship between Democratic Large etf current value and its past values and can show if there is a momentum factor associated with investing in Democratic Large Cap.
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 Democratic Large Cap offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Democratic Large'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 Democratic Large Cap Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Democratic Large Cap Etf:Check out Democratic Large Correlation, Democratic Large Volatility and Democratic Large Alpha and Beta module to complement your research on Democratic Large. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Democratic Large 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.