Militia Longshort Equity Etf Market Value
| ORR Etf | 34.14 0.10 0.29% |
| Symbol | Militia |
The market value of Militia LongShort Equity is measured differently than its book value, which is the value of Militia that is recorded on the company's balance sheet. Investors also form their own opinion of Militia LongShort's value that differs from its market value or its book value, called intrinsic value, which is Militia LongShort'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 Militia LongShort's market value can be influenced by many factors that don't directly affect Militia LongShort'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 Militia LongShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if Militia LongShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Militia LongShort'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.
Militia LongShort '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 Militia LongShort'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 Militia LongShort.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Militia LongShort on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Militia LongShort Equity or generate 0.0% return on investment in Militia LongShort over 180 days. Militia LongShort is related to or competes with Unlimited HFND, Direxion Daily, Hartford Multifactor, VanEck Indonesia, First Trust, ProShares Ultra, and IShares ESG. Militia LongShort is entity of United States More
Militia LongShort 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 Militia LongShort'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 Militia LongShort Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8922 | |||
| Information Ratio | 0.0597 | |||
| Maximum Drawdown | 3.22 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.04 |
Militia LongShort Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Militia LongShort's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Militia LongShort's standard deviation. In reality, there are many statistical measures that can use Militia LongShort historical prices to predict the future Militia LongShort's volatility.| Risk Adjusted Performance | 0.1053 | |||
| Jensen Alpha | 0.0752 | |||
| Total Risk Alpha | 0.0404 | |||
| Sortino Ratio | 0.0512 | |||
| Treynor Ratio | 0.2108 |
Militia LongShort Equity Backtested Returns
Currently, Militia LongShort Equity is very steady. Militia LongShort Equity has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Militia LongShort, which you can use to evaluate the volatility of the etf. Please verify Militia LongShort's Mean Deviation of 0.6027, risk adjusted performance of 0.1053, and Downside Deviation of 0.8922 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. The etf secures a Beta (Market Risk) of 0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Militia LongShort's returns are expected to increase less than the market. However, during the bear market, the loss of holding Militia LongShort is expected to be smaller as well.
Auto-correlation | 0.86 |
Very good predictability
Militia LongShort Equity has very good predictability. Overlapping area represents the amount of predictability between Militia LongShort 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 Militia LongShort Equity price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Militia LongShort price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.94 |
Militia LongShort Equity lagged returns against current returns
Autocorrelation, which is Militia LongShort 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 Militia LongShort's etf expected returns. We can calculate the autocorrelation of Militia LongShort returns to help us make a trade decision. For example, suppose you find that Militia LongShort 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 |
Militia LongShort 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 Militia LongShort etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Militia LongShort etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Militia LongShort etf over time.
Current vs Lagged Prices |
| Timeline |
Militia LongShort Lagged Returns
When evaluating Militia LongShort's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Militia LongShort etf have on its future price. Militia LongShort 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, Militia LongShort autocorrelation shows the relationship between Militia LongShort etf current value and its past values and can show if there is a momentum factor associated with investing in Militia LongShort Equity.
Regressed Prices |
| Timeline |
Pair Trading with Militia LongShort
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Militia LongShort position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Militia LongShort will appreciate offsetting losses from the drop in the long position's value.Moving together with Militia Etf
Moving against Militia Etf
The ability to find closely correlated positions to Militia LongShort could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Militia LongShort when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Militia LongShort - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Militia LongShort Equity to buy it.
The correlation of Militia LongShort is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Militia LongShort moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Militia LongShort Equity moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Militia LongShort can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Militia LongShort Correlation, Militia LongShort Volatility and Militia LongShort Alpha and Beta module to complement your research on Militia LongShort. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Militia LongShort 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.