Renaissance Ipo Etf Market Value
| IPO Etf | USD 42.68 1.31 2.98% |
| Symbol | Renaissance |
The market value of Renaissance IPO ETF is measured differently than its book value, which is the value of Renaissance that is recorded on the company's balance sheet. Investors also form their own opinion of Renaissance IPO's value that differs from its market value or its book value, called intrinsic value, which is Renaissance IPO's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Renaissance IPO's market value can be influenced by many factors that don't directly affect Renaissance IPO'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 Renaissance IPO's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renaissance IPO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Renaissance IPO's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Renaissance IPO '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 Renaissance IPO'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 Renaissance IPO.
| 11/14/2025 |
| 02/12/2026 |
If you would invest 0.00 in Renaissance IPO on November 14, 2025 and sell it all today you would earn a total of 0.00 from holding Renaissance IPO ETF or generate 0.0% return on investment in Renaissance IPO over 90 days. Renaissance IPO is related to or competes with SPDR Kensho, Overlay Shares, Innovator, Innovator, Neuberger Berman, First Trust, and AIM ETF. The fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ind... More
Renaissance IPO 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 Renaissance IPO'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 Renaissance IPO ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 9.56 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 2.63 |
Renaissance IPO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Renaissance IPO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Renaissance IPO's standard deviation. In reality, there are many statistical measures that can use Renaissance IPO historical prices to predict the future Renaissance IPO's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.05) |
Renaissance IPO February 12, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.33 | |||
| Coefficient Of Variation | (4,035) | |||
| Standard Deviation | 1.8 | |||
| Variance | 3.26 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 9.56 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 2.63 | |||
| Skewness | 0.4524 | |||
| Kurtosis | 1.36 |
Renaissance IPO ETF Backtested Returns
Renaissance IPO ETF maintains Sharpe Ratio (i.e., Efficiency) of -0.0248, which implies the entity had a -0.0248 % return per unit of risk over the last 3 months. Renaissance IPO ETF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Renaissance IPO's Variance of 3.26, coefficient of variation of (4,035), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The etf holds a Beta of 1.08, which implies a somewhat significant risk relative to the market. Renaissance IPO returns are very sensitive to returns on the market. As the market goes up or down, Renaissance IPO is expected to follow.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Renaissance IPO ETF has insignificant reverse predictability. Overlapping area represents the amount of predictability between Renaissance IPO time series from 14th of November 2025 to 29th of December 2025 and 29th of December 2025 to 12th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Renaissance IPO ETF price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Renaissance IPO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 2.77 |
Pair Trading with Renaissance IPO
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Renaissance IPO position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Renaissance IPO will appreciate offsetting losses from the drop in the long position's value.Moving together with Renaissance Etf
| 0.68 | VOT | Vanguard Mid Cap | PairCorr |
| 0.75 | IWP | iShares Russell Mid | PairCorr |
| 0.9 | ARKK | ARK Innovation ETF | PairCorr |
The ability to find closely correlated positions to Renaissance IPO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Renaissance IPO when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Renaissance IPO - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Renaissance IPO ETF to buy it.
The correlation of Renaissance IPO is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Renaissance IPO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Renaissance IPO ETF moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Renaissance IPO can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Renaissance IPO Correlation, Renaissance IPO Volatility and Renaissance IPO Performance module to complement your research on Renaissance IPO. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Renaissance IPO 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.