Marketdesk Focused Dividend Etf Market Value
| FDIV Etf | USD 27.56 0.19 0.69% |
| Symbol | MarketDesk |
The market value of MarketDesk Focused is measured differently than its book value, which is the value of MarketDesk that is recorded on the company's balance sheet. Investors also form their own opinion of MarketDesk Focused's value that differs from its market value or its book value, called intrinsic value, which is MarketDesk Focused'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 MarketDesk Focused's market value can be influenced by many factors that don't directly affect MarketDesk Focused'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 MarketDesk Focused's value and its price as these two are different measures arrived at by different means. Investors typically determine if MarketDesk Focused is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarketDesk Focused'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.
MarketDesk Focused '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 MarketDesk Focused'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 MarketDesk Focused.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in MarketDesk Focused on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding MarketDesk Focused Dividend or generate 0.0% return on investment in MarketDesk Focused over 30 days. MarketDesk Focused is related to or competes with Franklin Templeton, Altrius Global, Invesco Exchange, Franklin International, Madison ETFs, Amplify CWP, and Advisors Inner. The investment seeks risk-adjusted income capital appreciation is the secondary objective More
MarketDesk Focused 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 MarketDesk Focused'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 MarketDesk Focused Dividend upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 4.06 | |||
| Value At Risk | (0.97) | |||
| Potential Upside | 1.47 |
MarketDesk Focused Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MarketDesk Focused's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MarketDesk Focused's standard deviation. In reality, there are many statistical measures that can use MarketDesk Focused historical prices to predict the future MarketDesk Focused's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.15) |
MarketDesk Focused Backtested Returns
MarketDesk Focused has Sharpe Ratio of -0.0647, which conveys that the entity had a -0.0647 % return per unit of risk over the last 3 months. MarketDesk Focused exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MarketDesk Focused's Standard Deviation of 0.7565, risk adjusted performance of (0.06), and Mean Deviation of 0.5926 to check out the risk estimate we provide. The etf secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MarketDesk Focused's returns are expected to increase less than the market. However, during the bear market, the loss of holding MarketDesk Focused is expected to be smaller as well.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
MarketDesk Focused Dividend has almost perfect reverse predictability. Overlapping area represents the amount of predictability between MarketDesk Focused time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 MarketDesk Focused price movement. The serial correlation of -0.72 indicates that around 72.0% of current MarketDesk Focused price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
MarketDesk Focused lagged returns against current returns
Autocorrelation, which is MarketDesk Focused 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 MarketDesk Focused's etf expected returns. We can calculate the autocorrelation of MarketDesk Focused returns to help us make a trade decision. For example, suppose you find that MarketDesk Focused 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 |
MarketDesk Focused 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 MarketDesk Focused etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MarketDesk Focused etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MarketDesk Focused etf over time.
Current vs Lagged Prices |
| Timeline |
MarketDesk Focused Lagged Returns
When evaluating MarketDesk Focused's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MarketDesk Focused etf have on its future price. MarketDesk Focused 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, MarketDesk Focused autocorrelation shows the relationship between MarketDesk Focused etf current value and its past values and can show if there is a momentum factor associated with investing in MarketDesk Focused Dividend.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out MarketDesk Focused Correlation, MarketDesk Focused Volatility and MarketDesk Focused Alpha and Beta module to complement your research on MarketDesk Focused. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
MarketDesk Focused 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.