Graniteshares Yieldboost Rgti Etf Market Value
| RGYY Etf | 21.01 0.39 1.82% |
| Symbol | GraniteShares |
The market value of GraniteShares YieldBoost is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares YieldBoost's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares YieldBoost'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 GraniteShares YieldBoost's market value can be influenced by many factors that don't directly affect GraniteShares YieldBoost'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 GraniteShares YieldBoost's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares YieldBoost is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares YieldBoost'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.
GraniteShares YieldBoost '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 GraniteShares YieldBoost'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 GraniteShares YieldBoost.
| 01/04/2024 |
| 12/24/2025 |
If you would invest 0.00 in GraniteShares YieldBoost on January 4, 2024 and sell it all today you would earn a total of 0.00 from holding GraniteShares YieldBoost RGTI or generate 0.0% return on investment in GraniteShares YieldBoost over 720 days. GraniteShares YieldBoost is related to or competes with YieldMax Short, YieldMax DIS, Tradr 2X, Defiance Daily, Defiance Daily, Direxion Daily, and Direxion Daily. GraniteShares YieldBoost is entity of United States More
GraniteShares YieldBoost 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 GraniteShares YieldBoost'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 GraniteShares YieldBoost RGTI upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.86 | |||
| Value At Risk | (5.58) | |||
| Potential Upside | 3.01 |
GraniteShares YieldBoost Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GraniteShares YieldBoost's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GraniteShares YieldBoost's standard deviation. In reality, there are many statistical measures that can use GraniteShares YieldBoost historical prices to predict the future GraniteShares YieldBoost's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GraniteShares YieldBoost'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.
GraniteShares YieldBoost Backtested Returns
GraniteShares YieldBoost holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1 % return per unit of standard deviation over the last 3 months. GraniteShares YieldBoost exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GraniteShares YieldBoost's market risk adjusted performance of (0.38), and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.7, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, GraniteShares YieldBoost's returns are expected to increase less than the market. However, during the bear market, the loss of holding GraniteShares YieldBoost is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
GraniteShares YieldBoost RGTI has no correlation between past and present. Overlapping area represents the amount of predictability between GraniteShares YieldBoost time series from 4th of January 2024 to 29th of December 2024 and 29th of December 2024 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 GraniteShares YieldBoost price movement. The serial correlation of 0.0 indicates that just 0.0% of current GraniteShares YieldBoost 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 |
GraniteShares YieldBoost lagged returns against current returns
Autocorrelation, which is GraniteShares YieldBoost 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 GraniteShares YieldBoost's etf expected returns. We can calculate the autocorrelation of GraniteShares YieldBoost returns to help us make a trade decision. For example, suppose you find that GraniteShares YieldBoost 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 |
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GraniteShares YieldBoost 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 GraniteShares YieldBoost etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GraniteShares YieldBoost etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GraniteShares YieldBoost etf over time.
Current vs Lagged Prices |
| Timeline |
GraniteShares YieldBoost Lagged Returns
When evaluating GraniteShares YieldBoost's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GraniteShares YieldBoost etf have on its future price. GraniteShares YieldBoost 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, GraniteShares YieldBoost autocorrelation shows the relationship between GraniteShares YieldBoost etf current value and its past values and can show if there is a momentum factor associated with investing in GraniteShares YieldBoost RGTI.
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 GraniteShares YieldBoost offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GraniteShares YieldBoost'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 Graniteshares Yieldboost Rgti Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Graniteshares Yieldboost Rgti Etf:Check out GraniteShares YieldBoost Correlation, GraniteShares YieldBoost Volatility and GraniteShares YieldBoost Alpha and Beta module to complement your research on GraniteShares YieldBoost. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
GraniteShares YieldBoost 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.