Simplify Volatility Premium Etf Market Value
| SVOL Etf | USD 21.83 0.07 0.32% |
| Symbol | Simplify |
The market value of Simplify Volatility is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Volatility's value that differs from its market value or its book value, called intrinsic value, which is Simplify Volatility'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 Simplify Volatility's market value can be influenced by many factors that don't directly affect Simplify Volatility'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 Simplify Volatility's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Volatility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Volatility'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.
Simplify Volatility '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 Simplify Volatility'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 Simplify Volatility.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Simplify Volatility on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Simplify Volatility Premium or generate 0.0% return on investment in Simplify Volatility over 30 days. Simplify Volatility is related to or competes with Morningstar Unconstrained, High-yield Municipal, Via Renewables, Knife River, Klckner Co, CarMax, and SEI Investments. In pursuing its investment objective, the fund primarily purchases or sells futures contracts, call options, and put opt... More
Simplify Volatility 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 Simplify Volatility'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 Simplify Volatility Premium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8892 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.0 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.16 |
Simplify Volatility Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simplify Volatility's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Simplify Volatility's standard deviation. In reality, there are many statistical measures that can use Simplify Volatility historical prices to predict the future Simplify Volatility's volatility.| Risk Adjusted Performance | 0.0155 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0079 |
Simplify Volatility Backtested Returns
As of now, Simplify Etf is very steady. Simplify Volatility owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0065, which indicates the etf had a 0.0065% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Simplify Volatility Premium, which you can use to evaluate the volatility of the etf. Please validate Simplify Volatility's Risk Adjusted Performance of 0.0155, coefficient of variation of 4699.73, and Semi Deviation of 0.8436 to confirm if the risk estimate we provide is consistent with the expected return of 0.0046%. The entity has a beta of 0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Simplify Volatility's returns are expected to increase less than the market. However, during the bear market, the loss of holding Simplify Volatility is expected to be smaller as well.
Auto-correlation | 0.28 |
Poor predictability
Simplify Volatility Premium has poor predictability. Overlapping area represents the amount of predictability between Simplify Volatility time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Simplify Volatility price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Simplify Volatility price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Simplify Volatility lagged returns against current returns
Autocorrelation, which is Simplify Volatility 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 Simplify Volatility's etf expected returns. We can calculate the autocorrelation of Simplify Volatility returns to help us make a trade decision. For example, suppose you find that Simplify Volatility 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 |
Simplify Volatility 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 Simplify Volatility etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Simplify Volatility etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Simplify Volatility etf over time.
Current vs Lagged Prices |
| Timeline |
Simplify Volatility Lagged Returns
When evaluating Simplify Volatility's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Simplify Volatility etf have on its future price. Simplify Volatility 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, Simplify Volatility autocorrelation shows the relationship between Simplify Volatility etf current value and its past values and can show if there is a momentum factor associated with investing in Simplify Volatility Premium.
Regressed Prices |
| Timeline |
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Simplify Volatility 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.