Alpha Architect Gdsdn Etf Market Value
| GDMA Etf | USD 32.86 0.20 0.61% |
| Symbol | Alpha |
The market value of Alpha Architect Gdsdn is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Architect's value that differs from its market value or its book value, called intrinsic value, which is Alpha Architect'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 Alpha Architect's market value can be influenced by many factors that don't directly affect Alpha Architect'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 Alpha Architect's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Architect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Architect'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.
Alpha Architect '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 Alpha Architect'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 Alpha Architect.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Alpha Architect on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Alpha Architect Gdsdn or generate 0.0% return on investment in Alpha Architect over 180 days. Alpha Architect is related to or competes with IShares Core, VanEck Inflation, ClearShares OCIO, Northern Lights, SPDR SSgA, and Collaborative Investment. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing in asset classes that th... More
Alpha Architect 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 Alpha Architect'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 Alpha Architect Gdsdn upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6888 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 2.98 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.13 |
Alpha Architect Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Architect's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alpha Architect's standard deviation. In reality, there are many statistical measures that can use Alpha Architect historical prices to predict the future Alpha Architect's volatility.| Risk Adjusted Performance | 0.0474 | |||
| Jensen Alpha | 0.0402 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.31) |
Alpha Architect Gdsdn Backtested Returns
At this point, Alpha Architect is very steady. Alpha Architect Gdsdn secures Sharpe Ratio (or Efficiency) of 0.0693, which signifies that the etf had a 0.0693% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Alpha Architect Gdsdn, which you can use to evaluate the volatility of the entity. Please confirm Alpha Architect's Mean Deviation of 0.4735, risk adjusted performance of 0.0474, and Downside Deviation of 0.6888 to double-check if the risk estimate we provide is consistent with the expected return of 0.0435%. The etf shows a Beta (market volatility) of -0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alpha Architect are expected to decrease at a much lower rate. During the bear market, Alpha Architect is likely to outperform the market.
Auto-correlation | 0.17 |
Very weak predictability
Alpha Architect Gdsdn has very weak predictability. Overlapping area represents the amount of predictability between Alpha Architect time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Alpha Architect Gdsdn price movement. The serial correlation of 0.17 indicates that over 17.0% of current Alpha Architect price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Alpha Architect Gdsdn lagged returns against current returns
Autocorrelation, which is Alpha Architect 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 Alpha Architect's etf expected returns. We can calculate the autocorrelation of Alpha Architect returns to help us make a trade decision. For example, suppose you find that Alpha Architect 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 |
Alpha Architect 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 Alpha Architect etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpha Architect etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alpha Architect etf over time.
Current vs Lagged Prices |
| Timeline |
Alpha Architect Lagged Returns
When evaluating Alpha Architect's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alpha Architect etf have on its future price. Alpha Architect 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, Alpha Architect autocorrelation shows the relationship between Alpha Architect etf current value and its past values and can show if there is a momentum factor associated with investing in Alpha Architect Gdsdn.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Alpha Architect Gdsdn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alpha Architect'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 Alpha Architect Gdsdn Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Alpha Architect Gdsdn Etf:Check out Alpha Architect Correlation, Alpha Architect Volatility and Alpha Architect Alpha and Beta module to complement your research on Alpha Architect. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Alpha Architect 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.