Ffem Etf Market Value
| FFEM Etf | 24.80 0.13 0.53% |
| Symbol | FFEM |
The market value of FFEM is measured differently than its book value, which is the value of FFEM that is recorded on the company's balance sheet. Investors also form their own opinion of FFEM's value that differs from its market value or its book value, called intrinsic value, which is FFEM'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 FFEM's market value can be influenced by many factors that don't directly affect FFEM'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 FFEM's value and its price as these two are different measures arrived at by different means. Investors typically determine if FFEM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FFEM'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.
FFEM '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 FFEM'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 FFEM.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in FFEM on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding FFEM or generate 0.0% return on investment in FFEM over 180 days. FFEM is related to or competes with Freedom Day, IShares MSCI, SmartETFs Dividend, Listed Funds, First Trust, Vanguard Total, and Matthews Emerging. FFEM is entity of United States. It is traded as Etf on US exchange. More
FFEM 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 FFEM'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 FFEM upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 6.39 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.55 |
FFEM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FFEM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FFEM's standard deviation. In reality, there are many statistical measures that can use FFEM historical prices to predict the future FFEM's volatility.| Risk Adjusted Performance | 0.0169 | |||
| Jensen Alpha | 0.0056 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.2747 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FFEM'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.
FFEM Backtested Returns
FFEM secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the etf had a close to zero % return per unit of return volatility over the last 3 months. FFEM exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FFEM's downside deviation of 1.2, and Mean Deviation of 0.6341 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.0302, which means not very significant fluctuations relative to the market. As returns on the market increase, FFEM's returns are expected to increase less than the market. However, during the bear market, the loss of holding FFEM is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
FFEM has no correlation between past and present. Overlapping area represents the amount of predictability between FFEM time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 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 FFEM price movement. The serial correlation of 0.0 indicates that just 0.0% of current FFEM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FFEM lagged returns against current returns
Autocorrelation, which is FFEM 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 FFEM's etf expected returns. We can calculate the autocorrelation of FFEM returns to help us make a trade decision. For example, suppose you find that FFEM 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 |
FFEM 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 FFEM etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FFEM etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FFEM etf over time.
Current vs Lagged Prices |
| Timeline |
FFEM Lagged Returns
When evaluating FFEM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FFEM etf have on its future price. FFEM 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, FFEM autocorrelation shows the relationship between FFEM etf current value and its past values and can show if there is a momentum factor associated with investing in FFEM.
Regressed Prices |
| Timeline |
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FFEM 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.