Parametric Equity Plus Etf Market Value
| PEPS Etf | 29.71 0.08 0.27% |
| Symbol | Parametric |
The market value of Parametric Equity Plus is measured differently than its book value, which is the value of Parametric that is recorded on the company's balance sheet. Investors also form their own opinion of Parametric Equity's value that differs from its market value or its book value, called intrinsic value, which is Parametric Equity'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 Parametric Equity's market value can be influenced by many factors that don't directly affect Parametric Equity'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 Parametric Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parametric Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parametric Equity'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.
Parametric Equity '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 Parametric Equity'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 Parametric Equity.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Parametric Equity on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Parametric Equity Plus or generate 0.0% return on investment in Parametric Equity over 180 days. Parametric Equity is related to or competes with Listed Funds, SPDR SSGA, TrueShares Structured, AIM ETF, Innovator Equity, FT Cboe, and JP Morgan. More
Parametric Equity 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 Parametric Equity'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 Parametric Equity Plus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | 0.0108 | |||
| Maximum Drawdown | 3.91 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.23 |
Parametric Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parametric Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Parametric Equity's standard deviation. In reality, there are many statistical measures that can use Parametric Equity historical prices to predict the future Parametric Equity's volatility.| Risk Adjusted Performance | 0.0723 | |||
| Jensen Alpha | 0.0787 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0081 | |||
| Treynor Ratio | 4.15 |
Parametric Equity Plus Backtested Returns
Currently, Parametric Equity Plus is very steady. Parametric Equity Plus maintains Sharpe Ratio (i.e., Efficiency) of 0.0997, which implies the entity had a 0.0997 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Parametric Equity Plus, which you can use to evaluate the volatility of the etf. Please check Parametric Equity's Risk Adjusted Performance of 0.0723, coefficient of variation of 1003.23, and Semi Deviation of 0.9685 to confirm if the risk estimate we provide is consistent with the expected return of 0.09%. The etf holds a Beta of 0.0193, which implies not very significant fluctuations relative to the market. As returns on the market increase, Parametric Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Parametric Equity is expected to be smaller as well.
Auto-correlation | 0.61 |
Good predictability
Parametric Equity Plus has good predictability. Overlapping area represents the amount of predictability between Parametric Equity 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 Parametric Equity Plus price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Parametric Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Parametric Equity Plus lagged returns against current returns
Autocorrelation, which is Parametric Equity 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 Parametric Equity's etf expected returns. We can calculate the autocorrelation of Parametric Equity returns to help us make a trade decision. For example, suppose you find that Parametric Equity 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 |
Parametric Equity 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 Parametric Equity etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Parametric Equity etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Parametric Equity etf over time.
Current vs Lagged Prices |
| Timeline |
Parametric Equity Lagged Returns
When evaluating Parametric Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Parametric Equity etf have on its future price. Parametric Equity 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, Parametric Equity autocorrelation shows the relationship between Parametric Equity etf current value and its past values and can show if there is a momentum factor associated with investing in Parametric Equity Plus.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Parametric Equity Correlation, Parametric Equity Volatility and Parametric Equity Alpha and Beta module to complement your research on Parametric Equity. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Parametric Equity 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.