Bushido Capital Equity Etf Market Value
| SMRI Etf | 33.66 0.12 0.36% |
| Symbol | Bushido |
The market value of Bushido Capital Equity is measured differently than its book value, which is the value of Bushido that is recorded on the company's balance sheet. Investors also form their own opinion of Bushido Capital's value that differs from its market value or its book value, called intrinsic value, which is Bushido Capital'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 Bushido Capital's market value can be influenced by many factors that don't directly affect Bushido Capital'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 Bushido Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bushido Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bushido Capital'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.
Bushido Capital '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 Bushido Capital'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 Bushido Capital.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Bushido Capital on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Bushido Capital Equity or generate 0.0% return on investment in Bushido Capital over 180 days. Bushido Capital is related to or competes with Invesco Actively, IShares Trust, Xtrackers MSCI, IShares MSCI, IShares MSCI, IShares ESG, and Global X. Bushido Capital is entity of United States More
Bushido Capital 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 Bushido Capital'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 Bushido Capital Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.72 | |||
| Information Ratio | 0.0465 | |||
| Maximum Drawdown | 3.89 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 1.54 |
Bushido Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bushido Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bushido Capital's standard deviation. In reality, there are many statistical measures that can use Bushido Capital historical prices to predict the future Bushido Capital's volatility.| Risk Adjusted Performance | 0.1661 | |||
| Jensen Alpha | 0.0579 | |||
| Total Risk Alpha | 0.0301 | |||
| Sortino Ratio | 0.0523 | |||
| Treynor Ratio | 0.1965 |
Bushido Capital Equity Backtested Returns
Bushido Capital is very steady at the moment. Bushido Capital Equity 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 thirty technical indicators for Bushido Capital Equity, which you can use to evaluate the volatility of the entity. Please confirm Bushido Capital's Risk Adjusted Performance of 0.1661, mean deviation of 0.6201, and Downside Deviation of 0.72 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. The etf shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bushido Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bushido Capital is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
Bushido Capital Equity has good predictability. Overlapping area represents the amount of predictability between Bushido Capital time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Bushido Capital Equity price movement. The serial correlation of 0.67 indicates that around 67.0% of current Bushido Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 1.74 |
Bushido Capital Equity lagged returns against current returns
Autocorrelation, which is Bushido Capital 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 Bushido Capital's etf expected returns. We can calculate the autocorrelation of Bushido Capital returns to help us make a trade decision. For example, suppose you find that Bushido Capital 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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Bushido Capital 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 Bushido Capital etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bushido Capital etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bushido Capital etf over time.
Current vs Lagged Prices |
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Bushido Capital Lagged Returns
When evaluating Bushido Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bushido Capital etf have on its future price. Bushido Capital 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, Bushido Capital autocorrelation shows the relationship between Bushido Capital etf current value and its past values and can show if there is a momentum factor associated with investing in Bushido Capital Equity.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Bushido Capital Equity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bushido Capital'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 Bushido Capital Equity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bushido Capital Equity Etf:Check out Bushido Capital Correlation, Bushido Capital Volatility and Bushido Capital Alpha and Beta module to complement your research on Bushido Capital. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Bushido Capital 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.