Yieldmax Gold Miners Etf Market Value
| GDXY Etf | 16.93 0.04 0.24% |
| Symbol | YieldMax |
The market value of YieldMax Gold Miners is measured differently than its book value, which is the value of YieldMax that is recorded on the company's balance sheet. Investors also form their own opinion of YieldMax Gold's value that differs from its market value or its book value, called intrinsic value, which is YieldMax Gold'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 YieldMax Gold's market value can be influenced by many factors that don't directly affect YieldMax Gold'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 YieldMax Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax Gold'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.
YieldMax Gold '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 YieldMax Gold'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 YieldMax Gold.
| 11/24/2025 |
| 12/24/2025 |
If you would invest 0.00 in YieldMax Gold on November 24, 2025 and sell it all today you would earn a total of 0.00 from holding YieldMax Gold Miners or generate 0.0% return on investment in YieldMax Gold over 30 days. YieldMax Gold is related to or competes with Hartford Quality, Tidal Trust, AB Core, IShares Paris, SPDR Series, Keating Active, and IShares Trust. YieldMax Gold is entity of United States More
YieldMax Gold 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 YieldMax Gold'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 YieldMax Gold Miners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.89 | |||
| Information Ratio | 0.083 | |||
| Maximum Drawdown | 11.77 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 3.05 |
YieldMax Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YieldMax Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YieldMax Gold's standard deviation. In reality, there are many statistical measures that can use YieldMax Gold historical prices to predict the future YieldMax Gold's volatility.| Risk Adjusted Performance | 0.087 | |||
| Jensen Alpha | 0.194 | |||
| Total Risk Alpha | 0.058 | |||
| Sortino Ratio | 0.0624 | |||
| Treynor Ratio | 0.3115 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of YieldMax Gold'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.
YieldMax Gold Miners Backtested Returns
YieldMax Gold appears to be not too volatile, given 3 months investment horizon. YieldMax Gold Miners shows Sharpe Ratio of 0.12, which attests that the etf had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for YieldMax Gold Miners, which you can use to evaluate the volatility of the etf. Please utilize YieldMax Gold's Market Risk Adjusted Performance of 0.3215, downside deviation of 2.89, and Mean Deviation of 1.55 to validate if our risk estimates are consistent with your expectations. The entity maintains a market beta of 0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, YieldMax Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding YieldMax Gold is expected to be smaller as well.
Auto-correlation | 0.29 |
Poor predictability
YieldMax Gold Miners has poor predictability. Overlapping area represents the amount of predictability between YieldMax Gold time series from 24th of November 2025 to 9th of December 2025 and 9th of December 2025 to 24th of December 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 YieldMax Gold Miners price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current YieldMax Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
YieldMax Gold Miners lagged returns against current returns
Autocorrelation, which is YieldMax Gold 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 YieldMax Gold's etf expected returns. We can calculate the autocorrelation of YieldMax Gold returns to help us make a trade decision. For example, suppose you find that YieldMax Gold 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 |
YieldMax Gold 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 YieldMax Gold etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YieldMax Gold etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YieldMax Gold etf over time.
Current vs Lagged Prices |
| Timeline |
YieldMax Gold Lagged Returns
When evaluating YieldMax Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YieldMax Gold etf have on its future price. YieldMax Gold 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, YieldMax Gold autocorrelation shows the relationship between YieldMax Gold etf current value and its past values and can show if there is a momentum factor associated with investing in YieldMax Gold Miners.
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 YieldMax Gold Miners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YieldMax Gold'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 Yieldmax Gold Miners Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Yieldmax Gold Miners Etf:Check out YieldMax Gold Correlation, YieldMax Gold Volatility and YieldMax Gold Alpha and Beta module to complement your research on YieldMax Gold. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
YieldMax Gold 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.