Popular Income Plus Etf Market Value

IPLFX Etf  USD 3.36  0.01  0.30%   
Popular Income's market value is the price at which a share of Popular Income trades on a public exchange. It measures the collective expectations of Popular Income Plus investors about its performance. Popular Income is trading at 3.36 as of the 13th of December 2024; that is 0.3% down since the beginning of the trading day. The etf's open price was 3.37.
With this module, you can estimate the performance of a buy and hold strategy of Popular Income Plus and determine expected loss or profit from investing in Popular Income over a given investment horizon. Check out Popular Income Correlation, Popular Income Volatility and Popular Income Alpha and Beta module to complement your research on Popular Income.
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The market value of Popular Income Plus is measured differently than its book value, which is the value of Popular that is recorded on the company's balance sheet. Investors also form their own opinion of Popular Income's value that differs from its market value or its book value, called intrinsic value, which is Popular Income'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 Popular Income's market value can be influenced by many factors that don't directly affect Popular Income'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 Popular Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Popular Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Popular Income'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.

Popular Income '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 Popular Income'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 Popular Income.
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11/13/2024
No Change 0.00  0.0 
In 31 days
12/13/2024
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If you would invest  0.00  in Popular Income on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Popular Income Plus or generate 0.0% return on investment in Popular Income over 30 days. Popular Income is related to or competes with FT Vest, Zillow Group, Northern Lights, VanEck Vectors, Freedom Day, and SSGA Active. More

Popular Income 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 Popular Income'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 Popular Income Plus upside and downside potential and time the market with a certain degree of confidence.

Popular Income Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Popular Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Popular Income's standard deviation. In reality, there are many statistical measures that can use Popular Income historical prices to predict the future Popular Income's volatility.
Hype
Prediction
LowEstimatedHigh
2.653.374.09
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Intrinsic
Valuation
LowRealHigh
2.363.083.80
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Popular Income. Your research has to be compared to or analyzed against Popular Income's peers to derive any actionable benefits. When done correctly, Popular Income's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Popular Income Plus.

Popular Income Plus Backtested Returns

At this stage we consider Popular Etf to be not too volatile. Popular Income Plus maintains Sharpe Ratio (i.e., Efficiency) of 0.0232, which implies the entity had a 0.0232% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Popular Income Plus, which you can use to evaluate the volatility of the etf. Please check Popular Income's Semi Deviation of 0.5025, risk adjusted performance of 0.0162, and Coefficient Of Variation of 4403.64 to confirm if the risk estimate we provide is consistent with the expected return of 0.0168%. The etf holds a Beta of 0.0109, which implies not very significant fluctuations relative to the market. As returns on the market increase, Popular Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Popular Income is expected to be smaller as well.

Auto-correlation

    
  -0.25  

Weak reverse predictability

Popular Income Plus has weak reverse predictability. Overlapping area represents the amount of predictability between Popular Income time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th of December 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 Popular Income Plus price movement. The serial correlation of -0.25 indicates that over 25.0% of current Popular Income price fluctuation can be explain by its past prices.
Correlation Coefficient-0.25
Spearman Rank Test0.21
Residual Average0.0
Price Variance0.0

Popular Income Plus lagged returns against current returns

Autocorrelation, which is Popular Income 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 Popular Income's etf expected returns. We can calculate the autocorrelation of Popular Income returns to help us make a trade decision. For example, suppose you find that Popular Income 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  

Popular Income 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 Popular Income etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Popular Income etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Popular Income etf over time.
   Current vs Lagged Prices   
       Timeline  

Popular Income Lagged Returns

When evaluating Popular Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Popular Income etf have on its future price. Popular Income 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, Popular Income autocorrelation shows the relationship between Popular Income etf current value and its past values and can show if there is a momentum factor associated with investing in Popular Income Plus.
   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.

Other Information on Investing in Popular Etf

Popular Income financial ratios help investors to determine whether Popular Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Popular with respect to the benefits of owning Popular Income security.