Idx Dynamic Fixed Etf Market Value
| DYFI Etf | 23.65 0.02 0.08% |
| Symbol | IDX |
The market value of IDX Dynamic Fixed is measured differently than its book value, which is the value of IDX that is recorded on the company's balance sheet. Investors also form their own opinion of IDX Dynamic's value that differs from its market value or its book value, called intrinsic value, which is IDX Dynamic'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 IDX Dynamic's market value can be influenced by many factors that don't directly affect IDX Dynamic'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 IDX Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDX Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDX Dynamic'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.
IDX Dynamic '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 IDX Dynamic'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 IDX Dynamic.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in IDX Dynamic on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding IDX Dynamic Fixed or generate 0.0% return on investment in IDX Dynamic over 30 days. IDX Dynamic is related to or competes with First Trust, Vanguard Intermediate, Vanguard Long, Vanguard Short, First Trust, and Neuberger Berman. IDX Dynamic is entity of United States. It is traded as Etf on NASDAQ exchange. More
IDX Dynamic 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 IDX Dynamic'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 IDX Dynamic Fixed upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2498 | |||
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 1.57 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.4632 |
IDX Dynamic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IDX Dynamic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IDX Dynamic's standard deviation. In reality, there are many statistical measures that can use IDX Dynamic historical prices to predict the future IDX Dynamic's volatility.| Risk Adjusted Performance | 0.0176 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.47) | |||
| Treynor Ratio | 0.0378 |
IDX Dynamic Fixed Backtested Returns
IDX Dynamic is very steady at the moment. IDX Dynamic Fixed holds Efficiency (Sharpe) Ratio of 0.0277, which attests that the entity had a 0.0277% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for IDX Dynamic Fixed, which you can use to evaluate the volatility of the entity. Please check out IDX Dynamic's risk adjusted performance of 0.0176, and Market Risk Adjusted Performance of 0.0478 to validate if the risk estimate we provide is consistent with the expected return of 0.0069%. The etf retains a Market Volatility (i.e., Beta) of 0.0673, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IDX Dynamic's returns are expected to increase less than the market. However, during the bear market, the loss of holding IDX Dynamic is expected to be smaller as well.
Auto-correlation | 0.37 |
Below average predictability
IDX Dynamic Fixed has below average predictability. Overlapping area represents the amount of predictability between IDX Dynamic time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 IDX Dynamic Fixed price movement. The serial correlation of 0.37 indicates that just about 37.0% of current IDX Dynamic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
IDX Dynamic Fixed lagged returns against current returns
Autocorrelation, which is IDX Dynamic 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 IDX Dynamic's etf expected returns. We can calculate the autocorrelation of IDX Dynamic returns to help us make a trade decision. For example, suppose you find that IDX Dynamic 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 |
IDX Dynamic 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 IDX Dynamic etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IDX Dynamic etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IDX Dynamic etf over time.
Current vs Lagged Prices |
| Timeline |
IDX Dynamic Lagged Returns
When evaluating IDX Dynamic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IDX Dynamic etf have on its future price. IDX Dynamic 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, IDX Dynamic autocorrelation shows the relationship between IDX Dynamic etf current value and its past values and can show if there is a momentum factor associated with investing in IDX Dynamic Fixed.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether IDX Dynamic Fixed offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IDX Dynamic'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 Idx Dynamic Fixed Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Idx Dynamic Fixed Etf:Check out IDX Dynamic Correlation, IDX Dynamic Volatility and IDX Dynamic Alpha and Beta module to complement your research on IDX Dynamic. You can also try the Stocks Directory module to find actively traded stocks across global markets.
IDX Dynamic 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.