Akros Monthly Payout Etf Market Value
| MPAY Etf | USD 25.76 0.24 0.94% |
| Symbol | Akros |
The market value of Akros Monthly Payout is measured differently than its book value, which is the value of Akros that is recorded on the company's balance sheet. Investors also form their own opinion of Akros Monthly's value that differs from its market value or its book value, called intrinsic value, which is Akros Monthly'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 Akros Monthly's market value can be influenced by many factors that don't directly affect Akros Monthly'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 Akros Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akros Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akros Monthly'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.
Akros Monthly '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 Akros Monthly'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 Akros Monthly.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Akros Monthly on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Akros Monthly Payout or generate 0.0% return on investment in Akros Monthly over 30 days. Akros Monthly is related to or competes with IShares Core, VanEck Inflation, ClearShares OCIO, Northern Lights, SPDR SSgA, and Collaborative Investment. The fund normally invests in securities comprising the index More
Akros Monthly 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 Akros Monthly'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 Akros Monthly Payout upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.81 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 3.75 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 0.9331 |
Akros Monthly Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akros Monthly's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akros Monthly's standard deviation. In reality, there are many statistical measures that can use Akros Monthly historical prices to predict the future Akros Monthly's volatility.| Risk Adjusted Performance | 0.0279 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0279 |
Akros Monthly Payout Backtested Returns
At this stage we consider Akros Etf to be very steady. Akros Monthly Payout secures Sharpe Ratio (or Efficiency) of 0.0685, which signifies that the etf had a 0.0685% return per unit of risk over the last 3 months. We have found thirty technical indicators for Akros Monthly Payout, which you can use to evaluate the volatility of the entity. Please confirm Akros Monthly's Mean Deviation of 0.4988, downside deviation of 0.81, and Risk Adjusted Performance of 0.0279 to double-check if the risk estimate we provide is consistent with the expected return of 0.046%. The etf shows a Beta (market volatility) of 0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Akros Monthly's returns are expected to increase less than the market. However, during the bear market, the loss of holding Akros Monthly is expected to be smaller as well.
Auto-correlation | 0.72 |
Good predictability
Akros Monthly Payout has good predictability. Overlapping area represents the amount of predictability between Akros Monthly time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Akros Monthly Payout price movement. The serial correlation of 0.72 indicates that around 72.0% of current Akros Monthly price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Akros Monthly Payout lagged returns against current returns
Autocorrelation, which is Akros Monthly 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 Akros Monthly's etf expected returns. We can calculate the autocorrelation of Akros Monthly returns to help us make a trade decision. For example, suppose you find that Akros Monthly 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 |
Akros Monthly 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 Akros Monthly etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akros Monthly etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akros Monthly etf over time.
Current vs Lagged Prices |
| Timeline |
Akros Monthly Lagged Returns
When evaluating Akros Monthly's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akros Monthly etf have on its future price. Akros Monthly 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, Akros Monthly autocorrelation shows the relationship between Akros Monthly etf current value and its past values and can show if there is a momentum factor associated with investing in Akros Monthly Payout.
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 Akros Monthly Payout offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akros Monthly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Akros Monthly Payout Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Akros Monthly Payout Etf:Check out Akros Monthly Correlation, Akros Monthly Volatility and Akros Monthly Alpha and Beta module to complement your research on Akros Monthly. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Akros Monthly 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.