Ab Active Etfs, Etf Market Value
| TAFM Etf | 25.61 0.07 0.27% |
| Symbol | TAFM |
The market value of AB Active ETFs, is measured differently than its book value, which is the value of TAFM that is recorded on the company's balance sheet. Investors also form their own opinion of AB Active's value that differs from its market value or its book value, called intrinsic value, which is AB Active'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 AB Active's market value can be influenced by many factors that don't directly affect AB Active'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 AB Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if AB Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AB Active'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.
AB Active '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 AB Active'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 AB Active.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in AB Active on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding AB Active ETFs, or generate 0.0% return on investment in AB Active over 30 days. AB Active is related to or competes with SSGA Active, SPDR Nuveen, Xtrackers California, IShares Short, First Trust, Mairs Power, and PIMCO ETF. AB Active is entity of United States. It is traded as Etf on NYSE ARCA exchange. More
AB Active 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 AB Active'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 AB Active ETFs, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4099 | |||
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 1.77 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.3918 |
AB Active Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AB Active's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AB Active's standard deviation. In reality, there are many statistical measures that can use AB Active historical prices to predict the future AB Active's volatility.| Risk Adjusted Performance | (0.0002) | |||
| Jensen Alpha | 0.0093 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 0.0368 |
AB Active ETFs, Backtested Returns
As of now, TAFM Etf is very steady. AB Active ETFs, retains Efficiency (Sharpe Ratio) of 0.0288, which signifies that the etf had a 0.0288% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for AB Active, which you can use to evaluate the volatility of the entity. Please confirm AB Active's Market Risk Adjusted Performance of 0.0468, coefficient of variation of 5383.56, and Standard Deviation of 0.3132 to double-check if the risk estimate we provide is consistent with the expected return of 0.0092%. The entity owns a Beta (Systematic Risk) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AB Active are expected to decrease at a much lower rate. During the bear market, AB Active is likely to outperform the market.
Auto-correlation | 0.38 |
Below average predictability
AB Active ETFs, has below average predictability. Overlapping area represents the amount of predictability between AB Active time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 AB Active ETFs, price movement. The serial correlation of 0.38 indicates that just about 38.0% of current AB Active price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AB Active ETFs, lagged returns against current returns
Autocorrelation, which is AB Active 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 AB Active's etf expected returns. We can calculate the autocorrelation of AB Active returns to help us make a trade decision. For example, suppose you find that AB Active 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 |
AB Active 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 AB Active etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AB Active etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AB Active etf over time.
Current vs Lagged Prices |
| Timeline |
AB Active Lagged Returns
When evaluating AB Active's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AB Active etf have on its future price. AB Active 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, AB Active autocorrelation shows the relationship between AB Active etf current value and its past values and can show if there is a momentum factor associated with investing in AB Active ETFs,.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out AB Active Correlation, AB Active Volatility and AB Active Alpha and Beta module to complement your research on AB Active. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
AB Active 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.