IQ Real Estate Market Value
| ROOFDelisted Etf | USD 20.75 0.06 0.29% |
| Symbol | ROOF |
IQ Real '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 IQ Real'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 IQ Real.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in IQ Real on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding IQ Real Estate or generate 0.0% return on investment in IQ Real over 60 days. IQ Real is related to or competes with Invesco Active, First Trust, Invesco KBW, VanEck Mortgage, and IShares Residential. The index is a rules-based, modified capitalization weighted, float adjusted index More
IQ Real 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 IQ Real'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 IQ Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.03 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.13 |
IQ Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IQ Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IQ Real's standard deviation. In reality, there are many statistical measures that can use IQ Real historical prices to predict the future IQ Real's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (1.92) |
IQ Real Estate Backtested Returns
IQ Real Estate retains Efficiency (Sharpe Ratio) of -0.0625, which attests that the entity had a -0.0625% return per unit of price deviation over the last 3 months. IQ Real exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IQ Real's Information Ratio of (0.17), coefficient of variation of (12,661), and Market Risk Adjusted Performance of (1.91) to validate the risk estimate we provide. The etf owns a Beta (Systematic Risk) of 0.0085, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IQ Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding IQ Real is expected to be smaller as well.
Auto-correlation | 0.27 |
Poor predictability
IQ Real Estate has poor predictability. Overlapping area represents the amount of predictability between IQ Real time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 IQ Real Estate price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current IQ Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
IQ Real Estate lagged returns against current returns
Autocorrelation, which is IQ Real 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 IQ Real's etf expected returns. We can calculate the autocorrelation of IQ Real returns to help us make a trade decision. For example, suppose you find that IQ Real 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 |
IQ Real 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 IQ Real etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IQ Real etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IQ Real etf over time.
Current vs Lagged Prices |
| Timeline |
IQ Real Lagged Returns
When evaluating IQ Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IQ Real etf have on its future price. IQ Real 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, IQ Real autocorrelation shows the relationship between IQ Real etf current value and its past values and can show if there is a momentum factor associated with investing in IQ Real Estate.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out IQ Real Correlation, IQ Real Volatility and IQ Real Alpha and Beta module to complement your research on IQ Real. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in ROOF Etf
If you are still planning to invest in IQ Real Estate check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the IQ Real's history and understand the potential risks before investing.
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