Microsectors Fang Etn Etf Market Value
| FNGS Etf | USD 65.60 0.65 1.00% |
| Symbol | MicroSectors |
The market value of MicroSectors FANG ETN is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG'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 MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG'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 MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG'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.
MicroSectors FANG '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 MicroSectors FANG'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 MicroSectors FANG.
| 10/24/2025 |
| 01/22/2026 |
If you would invest 0.00 in MicroSectors FANG on October 24, 2025 and sell it all today you would earn a total of 0.00 from holding MicroSectors FANG ETN or generate 0.0% return on investment in MicroSectors FANG over 90 days. MicroSectors FANG is related to or competes with First Trust, MicroSectors FANG, SMI 3Fourteen, Invesco PHLX, Pacer Funds, Northern Lights, and Sprott Gold. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary... More
MicroSectors FANG 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 MicroSectors FANG'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 MicroSectors FANG ETN upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 5.81 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 1.27 |
MicroSectors FANG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MicroSectors FANG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MicroSectors FANG's standard deviation. In reality, there are many statistical measures that can use MicroSectors FANG historical prices to predict the future MicroSectors FANG's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.17) |
MicroSectors FANG January 22, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 0.8857 | |||
| Coefficient Of Variation | (958.91) | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.44 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 5.81 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 1.27 | |||
| Skewness | (0.15) | |||
| Kurtosis | 0.5365 |
MicroSectors FANG ETN Backtested Returns
MicroSectors FANG ETN has Sharpe Ratio of -0.1, which conveys that the entity had a -0.1 % return per unit of risk over the last 3 months. MicroSectors FANG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MicroSectors FANG's Standard Deviation of 1.2, mean deviation of 0.8857, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The etf secures a Beta (Market Risk) of 0.78, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MicroSectors FANG's returns are expected to increase less than the market. However, during the bear market, the loss of holding MicroSectors FANG is expected to be smaller as well.
Auto-correlation | 0.32 |
Below average predictability
MicroSectors FANG ETN has below average predictability. Overlapping area represents the amount of predictability between MicroSectors FANG time series from 24th of October 2025 to 8th of December 2025 and 8th of December 2025 to 22nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MicroSectors FANG ETN price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current MicroSectors FANG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 3.0 |
Thematic Opportunities
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Check out MicroSectors FANG Correlation, MicroSectors FANG Volatility and MicroSectors FANG Alpha and Beta module to complement your research on MicroSectors FANG. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
MicroSectors FANG 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.