Russell Australian (Australia) Market Value

Symbol

Russell

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 Russell Australian'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 Russell Australian.

Russell Australian Upside/Downside Indicators

Russell Australian Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Russell Australian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Russell Australian's standard deviation. In reality, there are many statistical measures that can use Russell Australian historical prices to predict the future Russell Australian's volatility.

Autocorrelation, which is Russell Australian 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 Russell Australian's etf expected returns. We can calculate the autocorrelation of Russell Australian returns to help us make a trade decision. For example, suppose you find that Russell Australian 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Russell Australian etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Russell Australian etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Russell Australian etf over time.

When evaluating Russell Australian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Russell Australian etf have on its future price. Russell Australian 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, Russell Australian autocorrelation shows the relationship between Russell Australian etf current value and its past values and can show if there is a momentum factor associated with investing in Russell Australian SemiGovernment.

Russell Australian financial ratios help investors to determine whether Russell Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Russell with respect to the benefits of owning Russell Australian security.