Nelson Select Etf Market Value
| NELS Etf | 26.10 0.08 0.31% |
| Symbol | Nelson |
The market value of Nelson Select ETF is measured differently than its book value, which is the value of Nelson that is recorded on the company's balance sheet. Investors also form their own opinion of Nelson Select's value that differs from its market value or its book value, called intrinsic value, which is Nelson Select'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 Nelson Select's market value can be influenced by many factors that don't directly affect Nelson Select'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 Nelson Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nelson Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nelson Select'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.
Nelson Select '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 Nelson Select'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 Nelson Select.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Nelson Select on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Nelson Select ETF or generate 0.0% return on investment in Nelson Select over 180 days. Nelson Select is related to or competes with Draco Evolution, ProShares VIX, ProShares VIX, Advisors Inner, Fidelity Managed, Advisors Inner, and Formidable ETF. More
Nelson Select 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 Nelson Select'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 Nelson Select ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9811 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.63 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.32 |
Nelson Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nelson Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nelson Select's standard deviation. In reality, there are many statistical measures that can use Nelson Select historical prices to predict the future Nelson Select's volatility.| Risk Adjusted Performance | 0.0605 | |||
| Jensen Alpha | 0.0141 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0919 |
Nelson Select ETF Backtested Returns
Currently, Nelson Select ETF is very steady. Nelson Select ETF has Sharpe Ratio of 0.0837, which conveys that the entity had a 0.0837 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nelson Select, which you can use to evaluate the volatility of the etf. Please verify Nelson Select's Risk Adjusted Performance of 0.0605, mean deviation of 0.62, and Downside Deviation of 0.9811 to check out if the risk estimate we provide is consistent with the expected return of 0.0699%. The etf secures a Beta (Market Risk) of 0.65, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nelson Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nelson Select is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Nelson Select ETF has no correlation between past and present. Overlapping area represents the amount of predictability between Nelson Select time series from 28th of June 2025 to 26th of September 2025 and 26th of September 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 Nelson Select ETF price movement. The serial correlation of 0.0 indicates that just 0.0% of current Nelson Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nelson Select ETF lagged returns against current returns
Autocorrelation, which is Nelson Select 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 Nelson Select's etf expected returns. We can calculate the autocorrelation of Nelson Select returns to help us make a trade decision. For example, suppose you find that Nelson Select 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 |
Nelson Select 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 Nelson Select etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nelson Select etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nelson Select etf over time.
Current vs Lagged Prices |
| Timeline |
Nelson Select Lagged Returns
When evaluating Nelson Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nelson Select etf have on its future price. Nelson Select 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, Nelson Select autocorrelation shows the relationship between Nelson Select etf current value and its past values and can show if there is a momentum factor associated with investing in Nelson Select ETF.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Nelson Select Correlation, Nelson Select Volatility and Nelson Select Alpha and Beta module to complement your research on Nelson Select. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Nelson Select 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.