Flexshares Morningstar Developed Etf Market Value
| TLTD Etf | USD 70.77 0.36 0.51% |
| Symbol | FlexShares |
The market value of FlexShares Morningstar is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Morningstar's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Morningstar'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 FlexShares Morningstar's market value can be influenced by many factors that don't directly affect FlexShares Morningstar'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 FlexShares Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Morningstar'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.
FlexShares Morningstar '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 FlexShares Morningstar'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 FlexShares Morningstar.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in FlexShares Morningstar on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding FlexShares Morningstar Developed or generate 0.0% return on investment in FlexShares Morningstar over 30 days. FlexShares Morningstar is related to or competes with FlexShares Morningstar, FlexShares Morningstar, FlexShares International, FlexShares IBoxx, and FlexShares International. The index reflects the performance of a selection of companies that, in aggregate, possess greater exposure to size and ... More
FlexShares Morningstar 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 FlexShares Morningstar'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 FlexShares Morningstar Developed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.04 |
FlexShares Morningstar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FlexShares Morningstar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FlexShares Morningstar's standard deviation. In reality, there are many statistical measures that can use FlexShares Morningstar historical prices to predict the future FlexShares Morningstar's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FlexShares Morningstar's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
FlexShares Morningstar Backtested Returns
FlexShares Morningstar secures Sharpe Ratio (or Efficiency) of -0.0828, which denotes the etf had a -0.0828% return per unit of risk over the last 3 months. FlexShares Morningstar Developed exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FlexShares Morningstar's Mean Deviation of 0.6129, standard deviation of 0.7969, and Variance of 0.6351 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, FlexShares Morningstar's returns are expected to increase less than the market. However, during the bear market, the loss of holding FlexShares Morningstar is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
FlexShares Morningstar Developed has good reverse predictability. Overlapping area represents the amount of predictability between FlexShares Morningstar time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 FlexShares Morningstar price movement. The serial correlation of -0.51 indicates that about 51.0% of current FlexShares Morningstar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
FlexShares Morningstar lagged returns against current returns
Autocorrelation, which is FlexShares Morningstar 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 FlexShares Morningstar's etf expected returns. We can calculate the autocorrelation of FlexShares Morningstar returns to help us make a trade decision. For example, suppose you find that FlexShares Morningstar 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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FlexShares Morningstar 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 FlexShares Morningstar etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FlexShares Morningstar etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FlexShares Morningstar etf over time.
Current vs Lagged Prices |
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FlexShares Morningstar Lagged Returns
When evaluating FlexShares Morningstar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FlexShares Morningstar etf have on its future price. FlexShares Morningstar 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, FlexShares Morningstar autocorrelation shows the relationship between FlexShares Morningstar etf current value and its past values and can show if there is a momentum factor associated with investing in FlexShares Morningstar Developed.
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 FlexShares Morningstar is a strong investment it is important to analyze FlexShares Morningstar'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 FlexShares Morningstar's future performance. For an informed investment choice regarding FlexShares Etf, refer to the following important reports:Check out FlexShares Morningstar Correlation, FlexShares Morningstar Volatility and FlexShares Morningstar Alpha and Beta module to complement your research on FlexShares Morningstar. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
FlexShares Morningstar 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.