Us Diversified Real Etf Market Value
| PPTY Etf | USD 33.87 0.30 0.89% |
| Symbol | PPTY |
The market value of US Diversified Real is measured differently than its book value, which is the value of PPTY that is recorded on the company's balance sheet. Investors also form their own opinion of US Diversified's value that differs from its market value or its book value, called intrinsic value, which is US Diversified'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 US Diversified's market value can be influenced by many factors that don't directly affect US Diversified'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 US Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Diversified'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.
US Diversified '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 US Diversified'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 US Diversified.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in US Diversified on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding US Diversified Real or generate 0.0% return on investment in US Diversified over 180 days. US Diversified is related to or competes with Gladstone Commercial, W P, Peakstone Realty, CTO Realty, Global Net, Brightspire Capital, and NexPoint Strategic. Under normal circumstances, at least 80 percent of the funds net assets, plus borrowings for investment purposes, will b... More
US Diversified 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 US Diversified'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 US Diversified Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8389 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.57 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.16 |
US Diversified Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as US Diversified's standard deviation. In reality, there are many statistical measures that can use US Diversified historical prices to predict the future US Diversified's volatility.| Risk Adjusted Performance | 0.0743 | |||
| Jensen Alpha | 0.0303 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1581 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of US Diversified's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
US Diversified Real Backtested Returns
At this stage we consider PPTY Etf to be very steady. US Diversified Real retains Efficiency (Sharpe Ratio) of 0.0718, which indicates the etf had a 0.0718% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for US Diversified, which you can use to evaluate the volatility of the etf. Please validate US Diversified's Mean Deviation of 0.6029, downside deviation of 0.8389, and Risk Adjusted Performance of 0.0743 to confirm if the risk estimate we provide is consistent with the expected return of 0.0548%. The entity owns a Beta (Systematic Risk) of 0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, US Diversified's returns are expected to increase less than the market. However, during the bear market, the loss of holding US Diversified is expected to be smaller as well.
Auto-correlation | 0.29 |
Poor predictability
US Diversified Real has poor predictability. Overlapping area represents the amount of predictability between US Diversified time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of US Diversified Real price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current US Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
US Diversified Real lagged returns against current returns
Autocorrelation, which is US Diversified 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 US Diversified's etf expected returns. We can calculate the autocorrelation of US Diversified returns to help us make a trade decision. For example, suppose you find that US Diversified 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 |
US Diversified 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 US Diversified etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if US Diversified etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in US Diversified etf over time.
Current vs Lagged Prices |
| Timeline |
US Diversified Lagged Returns
When evaluating US Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of US Diversified etf have on its future price. US Diversified 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, US Diversified autocorrelation shows the relationship between US Diversified etf current value and its past values and can show if there is a momentum factor associated with investing in US Diversified Real.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether US Diversified Real offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of US Diversified's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Us Diversified Real Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Us Diversified Real Etf:Check out US Diversified Correlation, US Diversified Volatility and US Diversified Alpha and Beta module to complement your research on US Diversified. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
US Diversified 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.