Lattice Strategies Trust Etf Market Value
| HDUS Etf | 58.70 0.30 0.51% |
| Symbol | Lattice |
The market value of Lattice Strategies Trust is measured differently than its book value, which is the value of Lattice that is recorded on the company's balance sheet. Investors also form their own opinion of Lattice Strategies' value that differs from its market value or its book value, called intrinsic value, which is Lattice Strategies' 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 Lattice Strategies' market value can be influenced by many factors that don't directly affect Lattice Strategies' 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 Lattice Strategies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lattice Strategies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lattice Strategies' 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.
Lattice Strategies '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 Lattice Strategies' 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 Lattice Strategies.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Lattice Strategies on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Lattice Strategies Trust or generate 0.0% return on investment in Lattice Strategies over 180 days. Lattice Strategies is related to or competes with FT Vest, Northern Lights, Dimensional International, Matthews China, Davis Select, First Trust, and EA Series. Lattice Strategies is entity of United States More
Lattice Strategies 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 Lattice Strategies' 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 Lattice Strategies Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7531 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.47 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.07 |
Lattice Strategies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lattice Strategies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lattice Strategies' standard deviation. In reality, there are many statistical measures that can use Lattice Strategies historical prices to predict the future Lattice Strategies' volatility.| Risk Adjusted Performance | 0.1373 | |||
| Jensen Alpha | 0.0202 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1537 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lattice Strategies' 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.
Lattice Strategies Trust Backtested Returns
Currently, Lattice Strategies Trust is very steady. Lattice Strategies Trust has Sharpe Ratio of 0.23, which conveys that the entity had a 0.23% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lattice Strategies, which you can use to evaluate the volatility of the etf. Please verify Lattice Strategies' Mean Deviation of 0.5256, risk adjusted performance of 0.1373, and Downside Deviation of 0.7531 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. The etf secures a Beta (Market Risk) of 0.77, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lattice Strategies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lattice Strategies is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Lattice Strategies Trust has good predictability. Overlapping area represents the amount of predictability between Lattice Strategies time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Lattice Strategies Trust price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Lattice Strategies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 2.49 |
Lattice Strategies Trust lagged returns against current returns
Autocorrelation, which is Lattice Strategies 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 Lattice Strategies' etf expected returns. We can calculate the autocorrelation of Lattice Strategies returns to help us make a trade decision. For example, suppose you find that Lattice Strategies 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 |
Lattice Strategies 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 Lattice Strategies etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lattice Strategies etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lattice Strategies etf over time.
Current vs Lagged Prices |
| Timeline |
Lattice Strategies Lagged Returns
When evaluating Lattice Strategies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lattice Strategies etf have on its future price. Lattice Strategies 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, Lattice Strategies autocorrelation shows the relationship between Lattice Strategies etf current value and its past values and can show if there is a momentum factor associated with investing in Lattice Strategies Trust.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Lattice Strategies Correlation, Lattice Strategies Volatility and Lattice Strategies Alpha and Beta module to complement your research on Lattice Strategies. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Lattice Strategies 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.