Stone Ridge 2060 Etf Market Value
| LFAW Etf | 17.35 0.02 0.12% |
| Symbol | Stone |
The market value of Stone Ridge 2060 is measured differently than its book value, which is the value of Stone that is recorded on the company's balance sheet. Investors also form their own opinion of Stone Ridge's value that differs from its market value or its book value, called intrinsic value, which is Stone Ridge'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 Stone Ridge's market value can be influenced by many factors that don't directly affect Stone Ridge'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 Stone Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stone Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stone Ridge'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.
Stone Ridge '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 Stone Ridge'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 Stone Ridge.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Stone Ridge on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Stone Ridge 2060 or generate 0.0% return on investment in Stone Ridge over 30 days. Stone Ridge is related to or competes with US Treasury, Tidal Trust, Franklin Liberty, SPDR Bloomberg, US Treasury, Vanguard Extended, and Bondbloxx ETF. Stone Ridge is entity of United States. It is traded as Etf on BATS exchange. More
Stone Ridge 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 Stone Ridge'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 Stone Ridge 2060 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 2.96 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 0.9827 |
Stone Ridge Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stone Ridge's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stone Ridge's standard deviation. In reality, there are many statistical measures that can use Stone Ridge historical prices to predict the future Stone Ridge's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.9669 |
Stone Ridge 2060 Backtested Returns
Stone Ridge 2060 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.27, which indicates the etf had a -0.27% return per unit of risk over the last 3 months. Stone Ridge 2060 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stone Ridge's Coefficient Of Variation of (370.83), risk adjusted performance of (0.21), and Variance of 0.3601 to confirm the risk estimate we provide. The entity has a beta of -0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Stone Ridge are expected to decrease at a much lower rate. During the bear market, Stone Ridge is likely to outperform the market.
Auto-correlation | 0.19 |
Very weak predictability
Stone Ridge 2060 has very weak predictability. Overlapping area represents the amount of predictability between Stone Ridge time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Stone Ridge 2060 price movement. The serial correlation of 0.19 indicates that over 19.0% of current Stone Ridge price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Stone Ridge 2060 lagged returns against current returns
Autocorrelation, which is Stone Ridge 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 Stone Ridge's etf expected returns. We can calculate the autocorrelation of Stone Ridge returns to help us make a trade decision. For example, suppose you find that Stone Ridge 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 |
Stone Ridge 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 Stone Ridge etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stone Ridge etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stone Ridge etf over time.
Current vs Lagged Prices |
| Timeline |
Stone Ridge Lagged Returns
When evaluating Stone Ridge's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stone Ridge etf have on its future price. Stone Ridge 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, Stone Ridge autocorrelation shows the relationship between Stone Ridge etf current value and its past values and can show if there is a momentum factor associated with investing in Stone Ridge 2060.
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.When determining whether Stone Ridge 2060 is a strong investment it is important to analyze Stone Ridge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Stone Ridge's future performance. For an informed investment choice regarding Stone Etf, refer to the following important reports:Check out Stone Ridge Correlation, Stone Ridge Volatility and Stone Ridge Alpha and Beta module to complement your research on Stone Ridge. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Stone Ridge 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.