Discipline Fund Etf Market Value
| DSCF Etf | USD 23.10 0.02 0.09% |
| Symbol | Discipline |
The market value of Discipline Fund ETF is measured differently than its book value, which is the value of Discipline that is recorded on the company's balance sheet. Investors also form their own opinion of Discipline Fund's value that differs from its market value or its book value, called intrinsic value, which is Discipline Fund'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 Discipline Fund's market value can be influenced by many factors that don't directly affect Discipline Fund'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 Discipline Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Discipline Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Discipline Fund'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.
Discipline Fund '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 Discipline Fund'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 Discipline Fund.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Discipline Fund on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Discipline Fund ETF or generate 0.0% return on investment in Discipline Fund over 30 days. Discipline Fund is related to or competes with ATAC Rotation, Amplify BlackSwan, Tidal ETF, and Aptus Defined. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing in a portfolio of other ... More
Discipline Fund 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 Discipline Fund'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 Discipline Fund ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.48 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.5567 |
Discipline Fund Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Discipline Fund's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Discipline Fund's standard deviation. In reality, there are many statistical measures that can use Discipline Fund historical prices to predict the future Discipline Fund's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Discipline Fund's 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.
Discipline Fund ETF Backtested Returns
Discipline Fund ETF secures Sharpe Ratio (or Efficiency) of -0.0468, which denotes the etf had a -0.0468% return per unit of risk over the last 3 months. Discipline Fund ETF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Discipline Fund's Mean Deviation of 0.2708, standard deviation of 0.3425, and Variance of 0.1173 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, Discipline Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Discipline Fund is expected to be smaller as well.
Auto-correlation | -0.56 |
Good reverse predictability
Discipline Fund ETF has good reverse predictability. Overlapping area represents the amount of predictability between Discipline Fund time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Discipline Fund ETF price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Discipline Fund price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Discipline Fund ETF lagged returns against current returns
Autocorrelation, which is Discipline Fund 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 Discipline Fund's etf expected returns. We can calculate the autocorrelation of Discipline Fund returns to help us make a trade decision. For example, suppose you find that Discipline Fund 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 |
Discipline Fund 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 Discipline Fund etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Discipline Fund etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Discipline Fund etf over time.
Current vs Lagged Prices |
| Timeline |
Discipline Fund Lagged Returns
When evaluating Discipline Fund's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Discipline Fund etf have on its future price. Discipline Fund 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, Discipline Fund autocorrelation shows the relationship between Discipline Fund etf current value and its past values and can show if there is a momentum factor associated with investing in Discipline Fund ETF.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Discipline Fund ETF is a strong investment it is important to analyze Discipline Fund's 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 Discipline Fund's future performance. For an informed investment choice regarding Discipline Etf, refer to the following important reports:Check out Discipline Fund Correlation, Discipline Fund Volatility and Discipline Fund Alpha and Beta module to complement your research on Discipline Fund. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Discipline Fund 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.