Tuttle Capital Self Etf Market Value
| GUNZ Etf | 29.50 0.54 1.86% |
| Symbol | Tuttle |
The market value of Tuttle Capital Self is measured differently than its book value, which is the value of Tuttle that is recorded on the company's balance sheet. Investors also form their own opinion of Tuttle Capital's value that differs from its market value or its book value, called intrinsic value, which is Tuttle Capital'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 Tuttle Capital's market value can be influenced by many factors that don't directly affect Tuttle Capital'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 Tuttle Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tuttle Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tuttle Capital'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.
Tuttle Capital '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 Tuttle Capital'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 Tuttle Capital.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Tuttle Capital on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Tuttle Capital Self or generate 0.0% return on investment in Tuttle Capital over 150 days. Tuttle Capital is related to or competes with First Trust, Ultimus Managers, Horizon Kinetics, Harbor Health, American Beacon, First Trust, and Direxion Daily. Tuttle Capital is entity of United States More
Tuttle Capital 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 Tuttle Capital'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 Tuttle Capital Self upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | 0.0532 | |||
| Maximum Drawdown | 6.99 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 2.94 |
Tuttle Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tuttle Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tuttle Capital's standard deviation. In reality, there are many statistical measures that can use Tuttle Capital historical prices to predict the future Tuttle Capital's volatility.| Risk Adjusted Performance | 0.1114 | |||
| Jensen Alpha | 0.0879 | |||
| Total Risk Alpha | 0.0182 | |||
| Sortino Ratio | 0.0654 | |||
| Treynor Ratio | 0.1996 |
Tuttle Capital Self Backtested Returns
Tuttle Capital appears to be very steady, given 3 months investment horizon. Tuttle Capital Self owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the etf had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tuttle Capital Self, which you can use to evaluate the volatility of the etf. Please review Tuttle Capital's Risk Adjusted Performance of 0.1114, coefficient of variation of 774.96, and Semi Deviation of 0.9357 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.8, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tuttle Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tuttle Capital is expected to be smaller as well.
Auto-correlation | 0.47 |
Average predictability
Tuttle Capital Self has average predictability. Overlapping area represents the amount of predictability between Tuttle Capital time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 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 Tuttle Capital Self price movement. The serial correlation of 0.47 indicates that about 47.0% of current Tuttle Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.75 |
Tuttle Capital Self lagged returns against current returns
Autocorrelation, which is Tuttle Capital 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 Tuttle Capital's etf expected returns. We can calculate the autocorrelation of Tuttle Capital returns to help us make a trade decision. For example, suppose you find that Tuttle Capital 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 |
Tuttle Capital 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 Tuttle Capital etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tuttle Capital etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tuttle Capital etf over time.
Current vs Lagged Prices |
| Timeline |
Tuttle Capital Lagged Returns
When evaluating Tuttle Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tuttle Capital etf have on its future price. Tuttle Capital 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, Tuttle Capital autocorrelation shows the relationship between Tuttle Capital etf current value and its past values and can show if there is a momentum factor associated with investing in Tuttle Capital Self.
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 Tuttle Capital Self offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tuttle Capital'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 Tuttle Capital Self Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Tuttle Capital Self Etf:Check out Tuttle Capital Correlation, Tuttle Capital Volatility and Tuttle Capital Alpha and Beta module to complement your research on Tuttle Capital. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Tuttle Capital 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.