Fieldstone Uva Unconstrained Etf Market Value
| FFIU Etf | USD 21.98 0.25 1.15% |
| Symbol | Fieldstone |
The market value of Fieldstone UVA Uncon is measured differently than its book value, which is the value of Fieldstone that is recorded on the company's balance sheet. Investors also form their own opinion of Fieldstone UVA's value that differs from its market value or its book value, called intrinsic value, which is Fieldstone UVA'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 Fieldstone UVA's market value can be influenced by many factors that don't directly affect Fieldstone UVA'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 Fieldstone UVA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fieldstone UVA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fieldstone UVA'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.
Fieldstone UVA '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 Fieldstone UVA'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 Fieldstone UVA.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Fieldstone UVA on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Fieldstone UVA Unconstrained or generate 0.0% return on investment in Fieldstone UVA over 510 days. Fieldstone UVA is related to or competes with FlexShares Core, Franklin Liberty, and Hartford Total. The fund seeks to achieve its investment objective of current income by investing principally in fixed income securities... More
Fieldstone UVA 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 Fieldstone UVA'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 Fieldstone UVA Unconstrained upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 2.13 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.783 |
Fieldstone UVA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fieldstone UVA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fieldstone UVA's standard deviation. In reality, there are many statistical measures that can use Fieldstone UVA historical prices to predict the future Fieldstone UVA's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | 0.454 |
Fieldstone UVA Uncon Backtested Returns
Fieldstone UVA Uncon secures Sharpe Ratio (or Efficiency) of -0.0465, which denotes the etf had a -0.0465% return per unit of risk over the last 3 months. Fieldstone UVA Unconstrained exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fieldstone UVA's Mean Deviation of 0.3129, variance of 0.1867, and Standard Deviation of 0.4321 to check the risk estimate we provide. The etf shows a Beta (market volatility) of -0.0757, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fieldstone UVA are expected to decrease at a much lower rate. During the bear market, Fieldstone UVA is likely to outperform the market.
Auto-correlation | 0.57 |
Modest predictability
Fieldstone UVA Unconstrained has modest predictability. Overlapping area represents the amount of predictability between Fieldstone UVA time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Fieldstone UVA Uncon price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Fieldstone UVA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Fieldstone UVA Uncon lagged returns against current returns
Autocorrelation, which is Fieldstone UVA 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 Fieldstone UVA's etf expected returns. We can calculate the autocorrelation of Fieldstone UVA returns to help us make a trade decision. For example, suppose you find that Fieldstone UVA 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 |
Fieldstone UVA 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 Fieldstone UVA etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fieldstone UVA etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fieldstone UVA etf over time.
Current vs Lagged Prices |
| Timeline |
Fieldstone UVA Lagged Returns
When evaluating Fieldstone UVA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fieldstone UVA etf have on its future price. Fieldstone UVA 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, Fieldstone UVA autocorrelation shows the relationship between Fieldstone UVA etf current value and its past values and can show if there is a momentum factor associated with investing in Fieldstone UVA Unconstrained.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Fieldstone UVA Correlation, Fieldstone UVA Volatility and Fieldstone UVA Alpha and Beta module to complement your research on Fieldstone UVA. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Fieldstone UVA 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.