Peakshares Rmr Prime Etf Market Value
| PRMR Etf | 25.14 0.05 0.20% |
| Symbol | PeakShares |
PeakShares RMR '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 PeakShares RMR'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 PeakShares RMR.
| 10/25/2025 |
| 12/24/2025 |
If you would invest 0.00 in PeakShares RMR on October 25, 2025 and sell it all today you would earn a total of 0.00 from holding PeakShares RMR Prime or generate 0.0% return on investment in PeakShares RMR over 60 days.
PeakShares RMR 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 PeakShares RMR'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 PeakShares RMR Prime upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 1.65 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 0.8892 |
PeakShares RMR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PeakShares RMR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PeakShares RMR's standard deviation. In reality, there are many statistical measures that can use PeakShares RMR historical prices to predict the future PeakShares RMR's volatility.| Risk Adjusted Performance | 0.0657 | |||
| Jensen Alpha | 0.0448 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 0.5724 |
PeakShares RMR Prime Backtested Returns
Currently, PeakShares RMR Prime is very steady. PeakShares RMR Prime maintains Sharpe Ratio (i.e., Efficiency) of 0.0666, which implies the entity had a 0.0666 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for PeakShares RMR Prime, which you can use to evaluate the volatility of the etf. Please check PeakShares RMR's Coefficient Of Variation of 1049.3, variance of 0.3945, and Risk Adjusted Performance of 0.0657 to confirm if the risk estimate we provide is consistent with the expected return of 0.0417%. The etf holds a Beta of 0.0871, which implies not very significant fluctuations relative to the market. As returns on the market increase, PeakShares RMR's returns are expected to increase less than the market. However, during the bear market, the loss of holding PeakShares RMR is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
PeakShares RMR Prime has no correlation between past and present. Overlapping area represents the amount of predictability between PeakShares RMR time series from 25th of October 2025 to 24th of November 2025 and 24th of November 2025 to 24th 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 PeakShares RMR Prime price movement. The serial correlation of 0.0 indicates that just 0.0% of current PeakShares RMR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PeakShares RMR Prime lagged returns against current returns
Autocorrelation, which is PeakShares RMR 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 PeakShares RMR's etf expected returns. We can calculate the autocorrelation of PeakShares RMR returns to help us make a trade decision. For example, suppose you find that PeakShares RMR 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 |
PeakShares RMR 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 PeakShares RMR etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PeakShares RMR etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PeakShares RMR etf over time.
Current vs Lagged Prices |
| Timeline |
PeakShares RMR Lagged Returns
When evaluating PeakShares RMR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PeakShares RMR etf have on its future price. PeakShares RMR 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, PeakShares RMR autocorrelation shows the relationship between PeakShares RMR etf current value and its past values and can show if there is a momentum factor associated with investing in PeakShares RMR Prime.
Regressed Prices |
| Timeline |
Pair Trading with PeakShares RMR
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 PeakShares RMR 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 PeakShares RMR will appreciate offsetting losses from the drop in the long position's value.Moving against PeakShares Etf
| 0.49 | XSVM | Invesco SP SmallCap | PairCorr |
| 0.49 | PVAL | Putnam Focused Large | PairCorr |
| 0.48 | ICOP | iShares Copper | PairCorr |
| 0.46 | IJS | iShares SP Small | PairCorr |
| 0.45 | GAPR | First Trust Exchange | PairCorr |
The ability to find closely correlated positions to PeakShares RMR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PeakShares RMR 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 PeakShares RMR - 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 PeakShares RMR Prime to buy it.
The correlation of PeakShares RMR 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 PeakShares RMR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PeakShares RMR Prime 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 PeakShares RMR 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.