Prospera Income Etf Market Value
| THRV Etf | USD 24.76 0.07 0.28% |
| Symbol | Prospera |
The market value of Prospera Income ETF is measured differently than its book value, which is the value of Prospera that is recorded on the company's balance sheet. Investors also form their own opinion of Prospera Income's value that differs from its market value or its book value, called intrinsic value, which is Prospera Income'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 Prospera Income's market value can be influenced by many factors that don't directly affect Prospera Income'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 Prospera Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prospera Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prospera Income'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.
Prospera Income '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 Prospera Income'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 Prospera Income.
| 05/28/2025 |
| 12/24/2025 |
If you would invest 0.00 in Prospera Income on May 28, 2025 and sell it all today you would earn a total of 0.00 from holding Prospera Income ETF or generate 0.0% return on investment in Prospera Income over 210 days. Prospera Income is related to or competes with Invesco ESG, ProShares Metaverse, Advisor Managed, IndexIQ Active, American Century, Grizzle Growth, and First Trust. Thryv Holdings, Inc. provides print and digital marketing services, and Software as a Service business management tools ... More
Prospera Income 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 Prospera Income'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 Prospera Income ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2253 | |||
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 0.9328 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.2848 |
Prospera Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prospera Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prospera Income's standard deviation. In reality, there are many statistical measures that can use Prospera Income historical prices to predict the future Prospera Income's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | (0.05) |
Prospera Income ETF Backtested Returns
At this stage we consider Prospera Etf to be very steady. Prospera Income ETF maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Prospera Income ETF, which you can use to evaluate the volatility of the etf. Please check Prospera Income's Coefficient Of Variation of 13056.3, semi deviation of 0.1959, and Risk Adjusted Performance of (0.02) to confirm if the risk estimate we provide is consistent with the expected return of 0.0016%. The etf holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prospera Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prospera Income is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Prospera Income ETF has no correlation between past and present. Overlapping area represents the amount of predictability between Prospera Income time series from 28th of May 2025 to 10th of September 2025 and 10th of September 2025 to 24th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Prospera Income ETF price movement. The serial correlation of 0.0 indicates that just 0.0% of current Prospera Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Prospera Income ETF lagged returns against current returns
Autocorrelation, which is Prospera Income 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 Prospera Income's etf expected returns. We can calculate the autocorrelation of Prospera Income returns to help us make a trade decision. For example, suppose you find that Prospera Income 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 |
Prospera Income 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 Prospera Income etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prospera Income etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prospera Income etf over time.
Current vs Lagged Prices |
| Timeline |
Prospera Income Lagged Returns
When evaluating Prospera Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prospera Income etf have on its future price. Prospera Income 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, Prospera Income autocorrelation shows the relationship between Prospera Income etf current value and its past values and can show if there is a momentum factor associated with investing in Prospera Income ETF.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Prospera Income Correlation, Prospera Income Volatility and Prospera Income Alpha and Beta module to complement your research on Prospera Income. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Prospera Income 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.