LIQUID1's market value is the price at which a share of LIQUID1 trades on a public exchange. It measures the collective expectations of LIQUID1 investors about its performance. LIQUID1 is trading at 1021.71 as of the 2nd of December 2024, a 0.05% up since the beginning of the trading day. The etf's open price was 1021.17. With this module, you can estimate the performance of a buy and hold strategy of LIQUID1 and determine expected loss or profit from investing in LIQUID1 over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Symbol
LIQUID1
LIQUID1 '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 LIQUID1'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 LIQUID1.
0.00
01/07/2024
No Change 0.00
0.0
In 10 months and 26 days
12/02/2024
0.00
If you would invest 0.00 in LIQUID1 on January 7, 2024 and sell it all today you would earn a total of 0.00 from holding LIQUID1 or generate 0.0% return on investment in LIQUID1 over 330 days.
LIQUID1 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 LIQUID1'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 LIQUID1 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for LIQUID1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LIQUID1's standard deviation. In reality, there are many statistical measures that can use LIQUID1 historical prices to predict the future LIQUID1's volatility.
At this point, LIQUID1 is very steady. LIQUID1 has Sharpe Ratio of 1.4, which conveys that the entity had a 1.4% return per unit of volatility over the last 3 months. We have found twenty technical indicators for LIQUID1, which you can use to evaluate the volatility of the etf. Please verify LIQUID1's risk adjusted performance of 0.6398, and Coefficient Of Variation of 71.2 to check out if the risk estimate we provide is consistent with the expected return of 0.0242%. The etf secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and LIQUID1 are completely uncorrelated.
Auto-correlation
0.29
Poor predictability
LIQUID1 has poor predictability. Overlapping area represents the amount of predictability between LIQUID1 time series from 7th of January 2024 to 20th of June 2024 and 20th of June 2024 to 2nd 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 LIQUID1 price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current LIQUID1 price fluctuation can be explain by its past prices.
Correlation Coefficient
0.29
Spearman Rank Test
0.63
Residual Average
0.0
Price Variance
46.27
LIQUID1 lagged returns against current returns
Autocorrelation, which is LIQUID1 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 LIQUID1's etf expected returns. We can calculate the autocorrelation of LIQUID1 returns to help us make a trade decision. For example, suppose you find that LIQUID1 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
LIQUID1 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 LIQUID1 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LIQUID1 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LIQUID1 etf over time.
Current vs Lagged Prices
Timeline
LIQUID1 Lagged Returns
When evaluating LIQUID1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LIQUID1 etf have on its future price. LIQUID1 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, LIQUID1 autocorrelation shows the relationship between LIQUID1 etf current value and its past values and can show if there is a momentum factor associated with investing in LIQUID1.
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.