Unlimited Hfgm Global Etf Market Value
| HFGM Etf | 29.59 3.82 11.43% |
| Symbol | Unlimited |
The market value of Unlimited HFGM Global is measured differently than its book value, which is the value of Unlimited that is recorded on the company's balance sheet. Investors also form their own opinion of Unlimited HFGM's value that differs from its market value or its book value, called intrinsic value, which is Unlimited HFGM'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 Unlimited HFGM's market value can be influenced by many factors that don't directly affect Unlimited HFGM'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 Unlimited HFGM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unlimited HFGM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unlimited HFGM'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.
Unlimited HFGM '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 Unlimited HFGM'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 Unlimited HFGM.
| 12/31/2024 |
| 12/26/2025 |
If you would invest 0.00 in Unlimited HFGM on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Unlimited HFGM Global or generate 0.0% return on investment in Unlimited HFGM over 360 days. Unlimited HFGM is related to or competes with Sprott Lithium, Janus Henderson, Northern Lights, ProShares Ultra, Overlay Shares, IShares Trust, and AdvisorShares. More
Unlimited HFGM 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 Unlimited HFGM'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 Unlimited HFGM Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.64 | |||
| Information Ratio | 0.0066 | |||
| Maximum Drawdown | 23.06 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 3.25 |
Unlimited HFGM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unlimited HFGM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unlimited HFGM's standard deviation. In reality, there are many statistical measures that can use Unlimited HFGM historical prices to predict the future Unlimited HFGM's volatility.| Risk Adjusted Performance | 0.0337 | |||
| Jensen Alpha | 0.0592 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0065 | |||
| Treynor Ratio | 0.2182 |
Unlimited HFGM Global Backtested Returns
As of now, Unlimited Etf is very steady. Unlimited HFGM Global owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0375, which indicates the etf had a 0.0375 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Unlimited HFGM Global, which you can use to evaluate the volatility of the etf. Please validate Unlimited HFGM's Coefficient Of Variation of 2666.95, risk adjusted performance of 0.0337, and Semi Deviation of 2.49 to confirm if the risk estimate we provide is consistent with the expected return of 0.0974%. The entity has a beta of 0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Unlimited HFGM's returns are expected to increase less than the market. However, during the bear market, the loss of holding Unlimited HFGM is expected to be smaller as well.
Auto-correlation | 0.27 |
Poor predictability
Unlimited HFGM Global has poor predictability. Overlapping area represents the amount of predictability between Unlimited HFGM time series from 31st of December 2024 to 29th of June 2025 and 29th of June 2025 to 26th 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 Unlimited HFGM Global price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Unlimited HFGM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 1.23 |
Unlimited HFGM Global lagged returns against current returns
Autocorrelation, which is Unlimited HFGM 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 Unlimited HFGM's etf expected returns. We can calculate the autocorrelation of Unlimited HFGM returns to help us make a trade decision. For example, suppose you find that Unlimited HFGM 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 |
Unlimited HFGM 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 Unlimited HFGM etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unlimited HFGM etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unlimited HFGM etf over time.
Current vs Lagged Prices |
| Timeline |
Unlimited HFGM Lagged Returns
When evaluating Unlimited HFGM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unlimited HFGM etf have on its future price. Unlimited HFGM 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, Unlimited HFGM autocorrelation shows the relationship between Unlimited HFGM etf current value and its past values and can show if there is a momentum factor associated with investing in Unlimited HFGM Global.
Regressed Prices |
| Timeline |
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Unlimited HFGM 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.