Astoria Quality Kings Etf Market Value
| ROE Etf | 35.27 0.37 1.04% |
| Symbol | Astoria |
The market value of Astoria Quality Kings is measured differently than its book value, which is the value of Astoria that is recorded on the company's balance sheet. Investors also form their own opinion of Astoria Quality's value that differs from its market value or its book value, called intrinsic value, which is Astoria Quality'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 Astoria Quality's market value can be influenced by many factors that don't directly affect Astoria Quality'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 Astoria Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astoria Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astoria Quality'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.
Astoria Quality '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 Astoria Quality'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 Astoria Quality.
| 10/04/2025 |
| 01/02/2026 |
If you would invest 0.00 in Astoria Quality on October 4, 2025 and sell it all today you would earn a total of 0.00 from holding Astoria Quality Kings or generate 0.0% return on investment in Astoria Quality over 90 days. Astoria Quality is related to or competes with Exchange Traded, 6 Meridian, Elevation Series, AdvisorShares Focused, First Trust, YieldMax Crypto, and SEI DBi. Astoria Quality is entity of United States More
Astoria Quality 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 Astoria Quality'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 Astoria Quality Kings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.04 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.39 |
Astoria Quality Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astoria Quality's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astoria Quality's standard deviation. In reality, there are many statistical measures that can use Astoria Quality historical prices to predict the future Astoria Quality's volatility.| Risk Adjusted Performance | 0.0374 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0347 |
Astoria Quality Kings Backtested Returns
At this point, Astoria Quality is very steady. Astoria Quality Kings secures Sharpe Ratio (or Efficiency) of 0.031, which signifies that the etf had a 0.031 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Astoria Quality Kings, which you can use to evaluate the volatility of the entity. Please confirm Astoria Quality's Mean Deviation of 0.7196, risk adjusted performance of 0.0374, and Downside Deviation of 1.09 to double-check if the risk estimate we provide is consistent with the expected return of 0.03%. The etf shows a Beta (market volatility) of 1.06, which signifies a somewhat significant risk relative to the market. Astoria Quality returns are very sensitive to returns on the market. As the market goes up or down, Astoria Quality is expected to follow.
Auto-correlation | 0.25 |
Poor predictability
Astoria Quality Kings has poor predictability. Overlapping area represents the amount of predictability between Astoria Quality time series from 4th of October 2025 to 18th of November 2025 and 18th of November 2025 to 2nd 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 Astoria Quality Kings price movement. The serial correlation of 0.25 indicates that over 25.0% of current Astoria Quality price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.54 |
Astoria Quality Kings lagged returns against current returns
Autocorrelation, which is Astoria Quality 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 Astoria Quality's etf expected returns. We can calculate the autocorrelation of Astoria Quality returns to help us make a trade decision. For example, suppose you find that Astoria Quality 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 |
Astoria Quality 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 Astoria Quality etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astoria Quality etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astoria Quality etf over time.
Current vs Lagged Prices |
| Timeline |
Astoria Quality Lagged Returns
When evaluating Astoria Quality's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astoria Quality etf have on its future price. Astoria Quality 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, Astoria Quality autocorrelation shows the relationship between Astoria Quality etf current value and its past values and can show if there is a momentum factor associated with investing in Astoria Quality Kings.
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.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Check out Astoria Quality Correlation, Astoria Quality Volatility and Astoria Quality Alpha and Beta module to complement your research on Astoria Quality. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Astoria Quality 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.