Peo Alphaquest Thematic Etf Market Value
| LQPE Etf | 19.15 0.15 0.79% |
| Symbol | PEO |
The market value of PEO AlphaQuest Thematic is measured differently than its book value, which is the value of PEO that is recorded on the company's balance sheet. Investors also form their own opinion of PEO AlphaQuest's value that differs from its market value or its book value, called intrinsic value, which is PEO AlphaQuest'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 PEO AlphaQuest's market value can be influenced by many factors that don't directly affect PEO AlphaQuest'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 PEO AlphaQuest's value and its price as these two are different measures arrived at by different means. Investors typically determine if PEO AlphaQuest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PEO AlphaQuest'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.
PEO AlphaQuest '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 PEO AlphaQuest'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 PEO AlphaQuest.
| 11/25/2025 |
| 12/25/2025 |
If you would invest 0.00 in PEO AlphaQuest on November 25, 2025 and sell it all today you would earn a total of 0.00 from holding PEO AlphaQuest Thematic or generate 0.0% return on investment in PEO AlphaQuest over 30 days. PEO AlphaQuest is related to or competes with Pacer CFRA, Touchstone Climate, Invesco Real, Virtus WMC, IShares Texas, TrueShares Structured, and Nuveen Dividend. PEO AlphaQuest is entity of United States More
PEO AlphaQuest 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 PEO AlphaQuest'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 PEO AlphaQuest Thematic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.58 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 1.76 |
PEO AlphaQuest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PEO AlphaQuest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PEO AlphaQuest's standard deviation. In reality, there are many statistical measures that can use PEO AlphaQuest historical prices to predict the future PEO AlphaQuest's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.03) |
PEO AlphaQuest Thematic Backtested Returns
At this point, PEO AlphaQuest is very steady. PEO AlphaQuest Thematic maintains Sharpe Ratio (i.e., Efficiency) of 0.0162, which implies the entity had a 0.0162 % return per unit of volatility over the last 3 months. We have found twenty-one technical indicators for PEO AlphaQuest Thematic, which you can use to evaluate the volatility of the etf. Please check PEO AlphaQuest's risk adjusted performance of (0.01), and Coefficient Of Variation of (6,561) to confirm if the risk estimate we provide is consistent with the expected return of 0.0172%. The etf holds a Beta of 1.01, which implies a somewhat significant risk relative to the market. PEO AlphaQuest returns are very sensitive to returns on the market. As the market goes up or down, PEO AlphaQuest is expected to follow.
Auto-correlation | 0.13 |
Insignificant predictability
PEO AlphaQuest Thematic has insignificant predictability. Overlapping area represents the amount of predictability between PEO AlphaQuest time series from 25th of November 2025 to 10th of December 2025 and 10th of December 2025 to 25th of December 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 PEO AlphaQuest Thematic price movement. The serial correlation of 0.13 indicates that less than 13.0% of current PEO AlphaQuest price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
PEO AlphaQuest Thematic lagged returns against current returns
Autocorrelation, which is PEO AlphaQuest 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 PEO AlphaQuest's etf expected returns. We can calculate the autocorrelation of PEO AlphaQuest returns to help us make a trade decision. For example, suppose you find that PEO AlphaQuest 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 |
PEO AlphaQuest 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 PEO AlphaQuest etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PEO AlphaQuest etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PEO AlphaQuest etf over time.
Current vs Lagged Prices |
| Timeline |
PEO AlphaQuest Lagged Returns
When evaluating PEO AlphaQuest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PEO AlphaQuest etf have on its future price. PEO AlphaQuest 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, PEO AlphaQuest autocorrelation shows the relationship between PEO AlphaQuest etf current value and its past values and can show if there is a momentum factor associated with investing in PEO AlphaQuest Thematic.
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 PEO AlphaQuest Thematic is a strong investment it is important to analyze PEO AlphaQuest'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 PEO AlphaQuest's future performance. For an informed investment choice regarding PEO Etf, refer to the following important reports:Check out PEO AlphaQuest Correlation, PEO AlphaQuest Volatility and PEO AlphaQuest Alpha and Beta module to complement your research on PEO AlphaQuest. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
PEO AlphaQuest 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.