Etracs 2xmonthly Pay Etf Market Value
| PFFL Etf | USD 8.57 0.04 0.47% |
| Symbol | ETRACS |
The market value of ETRACS 2xMonthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS 2xMonthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 2xMonthly'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 ETRACS 2xMonthly's market value can be influenced by many factors that don't directly affect ETRACS 2xMonthly'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 ETRACS 2xMonthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2xMonthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS 2xMonthly'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.
ETRACS 2xMonthly '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 ETRACS 2xMonthly'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 ETRACS 2xMonthly.
| 10/26/2025 |
| 01/24/2026 |
If you would invest 0.00 in ETRACS 2xMonthly on October 26, 2025 and sell it all today you would earn a total of 0.00 from holding ETRACS 2xMonthly Pay or generate 0.0% return on investment in ETRACS 2xMonthly over 90 days. ETRACS 2xMonthly is related to or competes with Tidal ETF, Direxion Shares, MicroSectors Solactive, IndexIQ Active, Defiance Nasdaq, Invesco ESG, and Grizzle Growth. The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds that ho... More
ETRACS 2xMonthly 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 ETRACS 2xMonthly'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 ETRACS 2xMonthly Pay upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.24 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.31 |
ETRACS 2xMonthly Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETRACS 2xMonthly's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ETRACS 2xMonthly's standard deviation. In reality, there are many statistical measures that can use ETRACS 2xMonthly historical prices to predict the future ETRACS 2xMonthly's volatility.| Risk Adjusted Performance | 0.0153 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0102 |
ETRACS 2xMonthly January 24, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0153 | |||
| Market Risk Adjusted Performance | 0.0202 | |||
| Mean Deviation | 0.6507 | |||
| Semi Deviation | 0.977 | |||
| Downside Deviation | 1.14 | |||
| Coefficient Of Variation | 5675.18 | |||
| Standard Deviation | 0.9665 | |||
| Variance | 0.9341 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0102 | |||
| Maximum Drawdown | 5.24 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.31 | |||
| Downside Variance | 1.3 | |||
| Semi Variance | 0.9545 | |||
| Expected Short fall | (0.67) | |||
| Skewness | (0.09) | |||
| Kurtosis | 3.21 |
ETRACS 2xMonthly Pay Backtested Returns
As of now, ETRACS Etf is very steady. ETRACS 2xMonthly Pay secures Sharpe Ratio (or Efficiency) of 0.0815, which denotes the etf had a 0.0815 % return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for ETRACS 2xMonthly Pay, which you can use to evaluate the volatility of the entity. Please confirm ETRACS 2xMonthly's Mean Deviation of 0.6507, market risk adjusted performance of 0.0202, and Downside Deviation of 1.14 to check if the risk estimate we provide is consistent with the expected return of 0.0722%. The etf shows a Beta (market volatility) of 0.69, which means possible diversification benefits within a given portfolio. As returns on the market increase, ETRACS 2xMonthly's returns are expected to increase less than the market. However, during the bear market, the loss of holding ETRACS 2xMonthly is expected to be smaller as well.
Auto-correlation | -0.49 |
Modest reverse predictability
ETRACS 2xMonthly Pay has modest reverse predictability. Overlapping area represents the amount of predictability between ETRACS 2xMonthly time series from 26th of October 2025 to 10th of December 2025 and 10th of December 2025 to 24th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ETRACS 2xMonthly Pay price movement. The serial correlation of -0.49 indicates that about 49.0% of current ETRACS 2xMonthly price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
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ETRACS 2xMonthly 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.