Credit Suisse High Etf Market Value
| DHY Etf | USD 2.22 0.01 0.45% |
| Symbol | Credit |
The market value of Credit Suisse High is measured differently than its book value, which is the value of Credit that is recorded on the company's balance sheet. Investors also form their own opinion of Credit Suisse's value that differs from its market value or its book value, called intrinsic value, which is Credit Suisse'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 Credit Suisse's market value can be influenced by many factors that don't directly affect Credit Suisse'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 Credit Suisse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credit Suisse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credit Suisse'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.
Credit Suisse '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 Credit Suisse'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 Credit Suisse.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Credit Suisse on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Credit Suisse High or generate 0.0% return on investment in Credit Suisse over 30 days. Credit Suisse is related to or competes with MFS Investment, Invesco High, Eaton Vance, Nuveen California, Federated Premier, Blackrock Muniholdings, and MFS High. Credit Suisse High Yield Bond Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Credit Suiss... More
Credit Suisse 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 Credit Suisse'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 Credit Suisse High upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.897 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.15 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 0.9662 |
Credit Suisse Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Credit Suisse's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Credit Suisse's standard deviation. In reality, there are many statistical measures that can use Credit Suisse historical prices to predict the future Credit Suisse's volatility.| Risk Adjusted Performance | 0.1123 | |||
| Jensen Alpha | 0.0819 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.5133 |
Credit Suisse High Backtested Returns
At this stage we consider Credit Etf to be somewhat reliable. Credit Suisse High secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the etf had a 0.15% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Credit Suisse High, which you can use to evaluate the volatility of the entity. Please confirm Credit Suisse's risk adjusted performance of 0.1123, and Mean Deviation of 0.6303 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. The etf shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Credit Suisse's returns are expected to increase less than the market. However, during the bear market, the loss of holding Credit Suisse is expected to be smaller as well.
Auto-correlation | 0.72 |
Good predictability
Credit Suisse High has good predictability. Overlapping area represents the amount of predictability between Credit Suisse time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Credit Suisse High price movement. The serial correlation of 0.72 indicates that around 72.0% of current Credit Suisse price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Credit Suisse High lagged returns against current returns
Autocorrelation, which is Credit Suisse 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 Credit Suisse's etf expected returns. We can calculate the autocorrelation of Credit Suisse returns to help us make a trade decision. For example, suppose you find that Credit Suisse 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 |
Credit Suisse 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 Credit Suisse etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Credit Suisse etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Credit Suisse etf over time.
Current vs Lagged Prices |
| Timeline |
Credit Suisse Lagged Returns
When evaluating Credit Suisse's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Credit Suisse etf have on its future price. Credit Suisse 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, Credit Suisse autocorrelation shows the relationship between Credit Suisse etf current value and its past values and can show if there is a momentum factor associated with investing in Credit Suisse High.
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.Other Information on Investing in Credit Etf
Credit Suisse financial ratios help investors to determine whether Credit Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Credit with respect to the benefits of owning Credit Suisse security.