Formidable Etf Market Value
| FORH Etf | USD 25.51 0.01 0.04% |
| Symbol | Formidable |
The market value of Formidable ETF is measured differently than its book value, which is the value of Formidable that is recorded on the company's balance sheet. Investors also form their own opinion of Formidable ETF's value that differs from its market value or its book value, called intrinsic value, which is Formidable ETF'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 Formidable ETF's market value can be influenced by many factors that don't directly affect Formidable ETF'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 Formidable ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Formidable ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formidable ETF'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.
Formidable ETF '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 Formidable ETF'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 Formidable ETF.
| 10/27/2025 |
| 01/25/2026 |
If you would invest 0.00 in Formidable ETF on October 27, 2025 and sell it all today you would earn a total of 0.00 from holding Formidable ETF or generate 0.0% return on investment in Formidable ETF over 90 days. Formidable ETF is related to or competes with Formidable Fortress, Clockwise Core, Alpha Architect, American Century, Sprott Junior, IShares MSCI, and PGIM ETF. Under normal market conditions, the fund seeks to meet its investment objective by investing primarily in equity securit... More
Formidable ETF 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 Formidable ETF'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 Formidable ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 1.39 |
Formidable ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formidable ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Formidable ETF's standard deviation. In reality, there are many statistical measures that can use Formidable ETF historical prices to predict the future Formidable ETF's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.1) |
Formidable ETF January 25, 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 0.79 | |||
| Coefficient Of Variation | (1,688) | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.06 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.1) | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 1.39 | |||
| Skewness | (0.85) | |||
| Kurtosis | 1.38 |
Formidable ETF Backtested Returns
Formidable ETF secures Sharpe Ratio (or Efficiency) of -0.0474, which denotes the etf had a -0.0474 % return per unit of risk over the last 3 months. Formidable ETF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Formidable ETF's Standard Deviation of 1.03, variance of 1.06, and Mean Deviation of 0.79 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.73, which means possible diversification benefits within a given portfolio. As returns on the market increase, Formidable ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Formidable ETF is expected to be smaller as well.
Auto-correlation | 0.18 |
Very weak predictability
Formidable ETF has very weak predictability. Overlapping area represents the amount of predictability between Formidable ETF time series from 27th of October 2025 to 11th of December 2025 and 11th of December 2025 to 25th 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 Formidable ETF price movement. The serial correlation of 0.18 indicates that over 18.0% of current Formidable ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Currently Active Assets on Macroaxis
When determining whether Formidable ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Formidable ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Formidable Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Formidable Etf:Check out Formidable ETF Correlation, Formidable ETF Volatility and Formidable ETF Alpha and Beta module to complement your research on Formidable ETF. For more detail on how to invest in Formidable Etf please use our How to Invest in Formidable ETF guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Formidable ETF 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.