Cboe Validus Sp Etf Market Value
| PUTD Etf | 24.18 0.08 0.33% |
| Symbol | Cboe |
The market value of Cboe Validus SP is measured differently than its book value, which is the value of Cboe that is recorded on the company's balance sheet. Investors also form their own opinion of Cboe Validus' value that differs from its market value or its book value, called intrinsic value, which is Cboe Validus' 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 Cboe Validus' market value can be influenced by many factors that don't directly affect Cboe Validus' 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 Cboe Validus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cboe Validus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cboe Validus' 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.
Cboe Validus '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 Cboe Validus' 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 Cboe Validus.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Cboe Validus on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Cboe Validus SP or generate 0.0% return on investment in Cboe Validus over 720 days. Cboe Validus is related to or competes with Tidal Trust, ProShares VIX, ProShares VIX, LHA Market, Dynamic Short, First Trust, and WisdomTree Managed. Cboe Validus is entity of United States. It is traded as Etf on BATS exchange. More
Cboe Validus 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 Cboe Validus' 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 Cboe Validus SP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.458 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 2.77 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.796 |
Cboe Validus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cboe Validus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cboe Validus' standard deviation. In reality, there are many statistical measures that can use Cboe Validus historical prices to predict the future Cboe Validus' volatility.| Risk Adjusted Performance | 0.1817 | |||
| Jensen Alpha | 0.0563 | |||
| Total Risk Alpha | 0.0394 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2438 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cboe Validus' 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.
Cboe Validus SP Backtested Returns
At this point, Cboe Validus is very steady. Cboe Validus SP secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the etf had a 0.24% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cboe Validus SP, which you can use to evaluate the volatility of the entity. Please confirm Cboe Validus' Coefficient Of Variation of 383.29, mean deviation of 0.2681, and Risk Adjusted Performance of 0.1817 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. The etf shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cboe Validus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cboe Validus is expected to be smaller as well.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Cboe Validus SP has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Cboe Validus time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th of December 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 Cboe Validus SP price movement. The serial correlation of -0.75 indicates that around 75.0% of current Cboe Validus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.68 |
Cboe Validus SP lagged returns against current returns
Autocorrelation, which is Cboe Validus 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 Cboe Validus' etf expected returns. We can calculate the autocorrelation of Cboe Validus returns to help us make a trade decision. For example, suppose you find that Cboe Validus 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 |
Cboe Validus 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 Cboe Validus etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cboe Validus etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cboe Validus etf over time.
Current vs Lagged Prices |
| Timeline |
Cboe Validus Lagged Returns
When evaluating Cboe Validus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cboe Validus etf have on its future price. Cboe Validus 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, Cboe Validus autocorrelation shows the relationship between Cboe Validus etf current value and its past values and can show if there is a momentum factor associated with investing in Cboe Validus SP.
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 Cboe Validus SP is a strong investment it is important to analyze Cboe Validus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cboe Validus' future performance. For an informed investment choice regarding Cboe Etf, refer to the following important reports:Check out Cboe Validus Correlation, Cboe Validus Volatility and Cboe Validus Alpha and Beta module to complement your research on Cboe Validus. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Cboe Validus 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.