Tactical Advantage Etf Market Value
| FDAT Etf | 21.75 0.03 0.14% |
| Symbol | Tactical |
The market value of Tactical Advantage ETF is measured differently than its book value, which is the value of Tactical that is recorded on the company's balance sheet. Investors also form their own opinion of Tactical Advantage's value that differs from its market value or its book value, called intrinsic value, which is Tactical Advantage'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 Tactical Advantage's market value can be influenced by many factors that don't directly affect Tactical Advantage'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 Tactical Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tactical Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tactical Advantage'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.
Tactical Advantage '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 Tactical Advantage'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 Tactical Advantage.
| 11/30/2025 |
| 12/30/2025 |
If you would invest 0.00 in Tactical Advantage on November 30, 2025 and sell it all today you would earn a total of 0.00 from holding Tactical Advantage ETF or generate 0.0% return on investment in Tactical Advantage over 30 days. Tactical Advantage is related to or competes with PeakShares Sector, Tidal ETF, Innovator Premium, First Trust, IShares ESG, Pacer Swan, and ProShares. Tactical Advantage is entity of United States More
Tactical Advantage 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 Tactical Advantage'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 Tactical Advantage ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8563 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.89 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.07 |
Tactical Advantage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tactical Advantage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tactical Advantage's standard deviation. In reality, there are many statistical measures that can use Tactical Advantage historical prices to predict the future Tactical Advantage's volatility.| Risk Adjusted Performance | 0.0356 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0323 |
Tactical Advantage ETF Backtested Returns
Currently, Tactical Advantage ETF is very steady. Tactical Advantage ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0123, which indicates the etf had a 0.0123 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tactical Advantage ETF, which you can use to evaluate the volatility of the etf. Please validate Tactical Advantage's Risk Adjusted Performance of 0.0356, semi deviation of 0.8176, and Coefficient Of Variation of 2030.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.0096%. The entity has a beta of 0.87, which indicates possible diversification benefits within a given portfolio. Tactical Advantage returns are very sensitive to returns on the market. As the market goes up or down, Tactical Advantage is expected to follow.
Auto-correlation | 0.67 |
Good predictability
Tactical Advantage ETF has good predictability. Overlapping area represents the amount of predictability between Tactical Advantage time series from 30th of November 2025 to 15th of December 2025 and 15th of December 2025 to 30th 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 Tactical Advantage ETF price movement. The serial correlation of 0.67 indicates that around 67.0% of current Tactical Advantage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Tactical Advantage ETF lagged returns against current returns
Autocorrelation, which is Tactical Advantage 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 Tactical Advantage's etf expected returns. We can calculate the autocorrelation of Tactical Advantage returns to help us make a trade decision. For example, suppose you find that Tactical Advantage 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 |
Tactical Advantage 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 Tactical Advantage etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tactical Advantage etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tactical Advantage etf over time.
Current vs Lagged Prices |
| Timeline |
Tactical Advantage Lagged Returns
When evaluating Tactical Advantage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tactical Advantage etf have on its future price. Tactical Advantage 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, Tactical Advantage autocorrelation shows the relationship between Tactical Advantage etf current value and its past values and can show if there is a momentum factor associated with investing in Tactical Advantage ETF.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out Tactical Advantage Correlation, Tactical Advantage Volatility and Tactical Advantage Alpha and Beta module to complement your research on Tactical Advantage. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Tactical Advantage 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.