Capitol Series Trust Etf Market Value
| HTUS Etf | USD 38.52 0.24 0.62% |
| Symbol | Capitol |
The market value of Capitol Series Trust is measured differently than its book value, which is the value of Capitol that is recorded on the company's balance sheet. Investors also form their own opinion of Capitol Series' value that differs from its market value or its book value, called intrinsic value, which is Capitol Series' 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 Capitol Series' market value can be influenced by many factors that don't directly affect Capitol Series' 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 Capitol Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if Capitol Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capitol Series' 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.
Capitol Series '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 Capitol Series' 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 Capitol Series.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Capitol Series on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Capitol Series Trust or generate 0.0% return on investment in Capitol Series over 30 days. Capitol Series is related to or competes with First Trust, Cambria Global, Cambria Global, ProShares Hedge, and IQ 50. The funds sub-adviser seeks to achieve its investment objective, by using various proprietary analytical investment mode... More
Capitol Series 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 Capitol Series' 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 Capitol Series Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.27 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 0.9276 |
Capitol Series Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capitol Series' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capitol Series' standard deviation. In reality, there are many statistical measures that can use Capitol Series historical prices to predict the future Capitol Series' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Capitol Series' 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.
Capitol Series Trust Backtested Returns
Capitol Series Trust secures Sharpe Ratio (or Efficiency) of -0.0553, which signifies that the etf had a -0.0553 % return per unit of risk over the last 3 months. Capitol Series Trust exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Capitol Series' Risk Adjusted Performance of (0.01), mean deviation of 0.5085, and Standard Deviation of 0.6851 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Capitol Series' returns are expected to increase less than the market. However, during the bear market, the loss of holding Capitol Series is expected to be smaller as well.
Auto-correlation | -0.24 |
Weak reverse predictability
Capitol Series Trust has weak reverse predictability. Overlapping area represents the amount of predictability between Capitol Series time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Capitol Series Trust price movement. The serial correlation of -0.24 indicates that over 24.0% of current Capitol Series price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Capitol Series Trust lagged returns against current returns
Autocorrelation, which is Capitol Series 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 Capitol Series' etf expected returns. We can calculate the autocorrelation of Capitol Series returns to help us make a trade decision. For example, suppose you find that Capitol Series 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 |
Capitol Series 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 Capitol Series etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capitol Series etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capitol Series etf over time.
Current vs Lagged Prices |
| Timeline |
Capitol Series Lagged Returns
When evaluating Capitol Series' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capitol Series etf have on its future price. Capitol Series 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, Capitol Series autocorrelation shows the relationship between Capitol Series etf current value and its past values and can show if there is a momentum factor associated with investing in Capitol Series Trust.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out Capitol Series Correlation, Capitol Series Volatility and Capitol Series Alpha and Beta module to complement your research on Capitol Series. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Capitol Series 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.