Elm Market Navigator Etf Market Value
| ELM Etf | 27.50 0.15 0.55% |
| Symbol | Elm |
The market value of Elm Market Navigator is measured differently than its book value, which is the value of Elm that is recorded on the company's balance sheet. Investors also form their own opinion of Elm Market's value that differs from its market value or its book value, called intrinsic value, which is Elm Market'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 Elm Market's market value can be influenced by many factors that don't directly affect Elm Market'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 Elm Market's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elm Market is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elm Market'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.
Elm Market '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 Elm Market'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 Elm Market.
| 11/24/2025 |
| 12/24/2025 |
If you would invest 0.00 in Elm Market on November 24, 2025 and sell it all today you would earn a total of 0.00 from holding Elm Market Navigator or generate 0.0% return on investment in Elm Market over 30 days. Elm Market is related to or competes with Invesco Actively, Dimensional Emerging, Burney Factor, BNY Mellon, ETC 6, Invesco SP, and Davis Select. Elm Market is entity of United States. It is traded as Etf on NYSE ARCA exchange. More
Elm Market 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 Elm Market'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 Elm Market Navigator upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6681 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 2.35 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 0.8306 |
Elm Market Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elm Market's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elm Market's standard deviation. In reality, there are many statistical measures that can use Elm Market historical prices to predict the future Elm Market's volatility.| Risk Adjusted Performance | 0.0067 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0) |
Elm Market Navigator Backtested Returns
As of now, Elm Etf is very steady. Elm Market Navigator secures Sharpe Ratio (or Efficiency) of 0.0436, which denotes the etf had a 0.0436 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Elm Market Navigator, which you can use to evaluate the volatility of the entity. Please confirm Elm Market's Coefficient Of Variation of 8073.75, mean deviation of 0.4212, and Downside Deviation of 0.6681 to check if the risk estimate we provide is consistent with the expected return of 0.0258%. The etf shows a Beta (market volatility) of 0.59, which means possible diversification benefits within a given portfolio. As returns on the market increase, Elm Market's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elm Market is expected to be smaller as well.
Auto-correlation | -0.01 |
Very weak reverse predictability
Elm Market Navigator has very weak reverse predictability. Overlapping area represents the amount of predictability between Elm Market time series from 24th of November 2025 to 9th of December 2025 and 9th of December 2025 to 24th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elm Market Navigator price movement. The serial correlation of -0.01 indicates that just 1.0% of current Elm Market price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Elm Market Navigator lagged returns against current returns
Autocorrelation, which is Elm Market 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 Elm Market's etf expected returns. We can calculate the autocorrelation of Elm Market returns to help us make a trade decision. For example, suppose you find that Elm Market 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 |
Elm Market 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 Elm Market etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elm Market etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elm Market etf over time.
Current vs Lagged Prices |
| Timeline |
Elm Market Lagged Returns
When evaluating Elm Market's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elm Market etf have on its future price. Elm Market 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, Elm Market autocorrelation shows the relationship between Elm Market etf current value and its past values and can show if there is a momentum factor associated with investing in Elm Market Navigator.
Regressed Prices |
| Timeline |
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Elm Market 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.