Popular High Grade Etf Market Value
| PHGFX Etf | USD 4.94 0.01 0.20% |
| Symbol | Popular |
The market value of Popular High Grade is measured differently than its book value, which is the value of Popular that is recorded on the company's balance sheet. Investors also form their own opinion of Popular High's value that differs from its market value or its book value, called intrinsic value, which is Popular High'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 Popular High's market value can be influenced by many factors that don't directly affect Popular High'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 Popular High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Popular High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Popular High'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.
Popular High '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 Popular High'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 Popular High.
| 11/06/2025 |
| 01/05/2026 |
If you would invest 0.00 in Popular High on November 6, 2025 and sell it all today you would earn a total of 0.00 from holding Popular High Grade or generate 0.0% return on investment in Popular High over 60 days. Popular High is related to or competes with FT Vest, Zillow Group, Northern Lights, VanEck Vectors, and Diamond Hill. More
Popular High 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 Popular High'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 Popular High Grade upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2921 | |||
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 1.01 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.404 |
Popular High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Popular High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Popular High's standard deviation. In reality, there are many statistical measures that can use Popular High historical prices to predict the future Popular High's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.26) | |||
| Treynor Ratio | (1.03) |
Popular High Grade Backtested Returns
At this stage we consider Popular Etf to be very steady. Popular High Grade maintains Sharpe Ratio (i.e., Efficiency) of 0.0162, which implies the entity had a 0.0162 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Popular High Grade, which you can use to evaluate the volatility of the etf. Please check Popular High's Semi Deviation of 0.1817, coefficient of variation of 3417.57, and insignificant Risk Adjusted Performance to confirm if the risk estimate we provide is consistent with the expected return of 0.0034%. The etf holds a Beta of 0.0035, which implies not very significant fluctuations relative to the market. As returns on the market increase, Popular High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Popular High is expected to be smaller as well.
Auto-correlation | -0.1 |
Very weak reverse predictability
Popular High Grade has very weak reverse predictability. Overlapping area represents the amount of predictability between Popular High time series from 6th of November 2025 to 6th of December 2025 and 6th of December 2025 to 5th 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 Popular High Grade price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Popular High price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Popular High Grade lagged returns against current returns
Autocorrelation, which is Popular High 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 Popular High's etf expected returns. We can calculate the autocorrelation of Popular High returns to help us make a trade decision. For example, suppose you find that Popular High 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 |
Popular High 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 Popular High etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Popular High etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Popular High etf over time.
Current vs Lagged Prices |
| Timeline |
Popular High Lagged Returns
When evaluating Popular High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Popular High etf have on its future price. Popular High 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, Popular High autocorrelation shows the relationship between Popular High etf current value and its past values and can show if there is a momentum factor associated with investing in Popular High Grade.
Regressed Prices |
| Timeline |
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Other Information on Investing in Popular Etf
Popular High financial ratios help investors to determine whether Popular Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Popular with respect to the benefits of owning Popular High security.