Cambria Shareholder Yield Etf Market Value
| SYLD Etf | USD 76.27 1.09 1.45% |
| Symbol | Cambria |
The market value of Cambria Shareholder Yield is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Shareholder's value that differs from its market value or its book value, called intrinsic value, which is Cambria Shareholder'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 Cambria Shareholder's market value can be influenced by many factors that don't directly affect Cambria Shareholder'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 Cambria Shareholder's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria Shareholder is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria Shareholder'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.
Cambria Shareholder '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 Cambria Shareholder'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 Cambria Shareholder.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Cambria Shareholder on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Cambria Shareholder Yield or generate 0.0% return on investment in Cambria Shareholder over 510 days. Cambria Shareholder is related to or competes with Cambria Foreign, Invesco BuyBack, Cambria Global, Cambria Value, and Cambria Emerging. The fund is actively managed and seeks to achieve its investment objective by investing, under normal market conditions,... More
Cambria Shareholder 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 Cambria Shareholder'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 Cambria Shareholder Yield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8762 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 5.59 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.59 |
Cambria Shareholder Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cambria Shareholder's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cambria Shareholder's standard deviation. In reality, there are many statistical measures that can use Cambria Shareholder historical prices to predict the future Cambria Shareholder's volatility.| Risk Adjusted Performance | 0.084 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0862 |
Cambria Shareholder Yield Backtested Returns
At this point, Cambria Shareholder is very steady. Cambria Shareholder Yield secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the etf had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cambria Shareholder Yield, which you can use to evaluate the volatility of the entity. Please confirm Cambria Shareholder's Downside Deviation of 0.8762, mean deviation of 0.7766, and Risk Adjusted Performance of 0.084 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. The etf shows a Beta (market volatility) of 1.16, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cambria Shareholder will likely underperform.
Auto-correlation | 0.59 |
Modest predictability
Cambria Shareholder Yield has modest predictability. Overlapping area represents the amount of predictability between Cambria Shareholder time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Cambria Shareholder Yield price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Cambria Shareholder price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 3.99 |
Cambria Shareholder Yield lagged returns against current returns
Autocorrelation, which is Cambria Shareholder 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 Cambria Shareholder's etf expected returns. We can calculate the autocorrelation of Cambria Shareholder returns to help us make a trade decision. For example, suppose you find that Cambria Shareholder 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 |
Cambria Shareholder 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 Cambria Shareholder etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cambria Shareholder etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cambria Shareholder etf over time.
Current vs Lagged Prices |
| Timeline |
Cambria Shareholder Lagged Returns
When evaluating Cambria Shareholder's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cambria Shareholder etf have on its future price. Cambria Shareholder 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, Cambria Shareholder autocorrelation shows the relationship between Cambria Shareholder etf current value and its past values and can show if there is a momentum factor associated with investing in Cambria Shareholder Yield.
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.When determining whether Cambria Shareholder Yield is a strong investment it is important to analyze Cambria Shareholder's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cambria Shareholder's future performance. For an informed investment choice regarding Cambria Etf, refer to the following important reports:Check out Cambria Shareholder Correlation, Cambria Shareholder Volatility and Cambria Shareholder Alpha and Beta module to complement your research on Cambria Shareholder. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Cambria Shareholder 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.