Timothy Plan Market Etf Market Value
| TPMN Etf | 23.96 0.02 0.08% |
| Symbol | Timothy |
The market value of Timothy Plan Market is measured differently than its book value, which is the value of Timothy that is recorded on the company's balance sheet. Investors also form their own opinion of Timothy Plan's value that differs from its market value or its book value, called intrinsic value, which is Timothy Plan'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 Timothy Plan's market value can be influenced by many factors that don't directly affect Timothy Plan'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 Timothy Plan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Timothy Plan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Timothy Plan'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.
Timothy Plan '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 Timothy Plan'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 Timothy Plan.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Timothy Plan on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Timothy Plan Market or generate 0.0% return on investment in Timothy Plan over 30 days. Timothy Plan is related to or competes with Timothy Plan, Timothy Plan, Timothy Plan, Angel Oak, and WisdomTree Voya. Timothy Plan is entity of United States. It is traded as Etf on NYSE ARCA exchange. More
Timothy Plan 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 Timothy Plan'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 Timothy Plan Market upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2626 | |||
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 1.17 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.3814 |
Timothy Plan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Timothy Plan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Timothy Plan's standard deviation. In reality, there are many statistical measures that can use Timothy Plan historical prices to predict the future Timothy Plan's volatility.| Risk Adjusted Performance | 0.0502 | |||
| Jensen Alpha | 0.0176 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.41) | |||
| Treynor Ratio | (0.37) |
Timothy Plan Market Backtested Returns
As of now, Timothy Etf is very steady. Timothy Plan Market owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0965, which indicates the etf had a 0.0965% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Timothy Plan Market, which you can use to evaluate the volatility of the etf. Please validate Timothy Plan's Semi Deviation of 0.1957, risk adjusted performance of 0.0502, and Coefficient Of Variation of 1086.65 to confirm if the risk estimate we provide is consistent with the expected return of 0.0246%. The entity has a beta of -0.036, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Timothy Plan are expected to decrease at a much lower rate. During the bear market, Timothy Plan is likely to outperform the market.
Auto-correlation | -0.32 |
Poor reverse predictability
Timothy Plan Market has poor reverse predictability. Overlapping area represents the amount of predictability between Timothy Plan time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Timothy Plan Market price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Timothy Plan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Timothy Plan Market lagged returns against current returns
Autocorrelation, which is Timothy Plan 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 Timothy Plan's etf expected returns. We can calculate the autocorrelation of Timothy Plan returns to help us make a trade decision. For example, suppose you find that Timothy Plan 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 |
Timothy Plan 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 Timothy Plan etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Timothy Plan etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Timothy Plan etf over time.
Current vs Lagged Prices |
| Timeline |
Timothy Plan Lagged Returns
When evaluating Timothy Plan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Timothy Plan etf have on its future price. Timothy Plan 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, Timothy Plan autocorrelation shows the relationship between Timothy Plan etf current value and its past values and can show if there is a momentum factor associated with investing in Timothy Plan Market.
Regressed Prices |
| Timeline |
Pair Trading with Timothy Plan
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Timothy Plan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Timothy Plan will appreciate offsetting losses from the drop in the long position's value.Moving against Timothy Etf
| 0.49 | VIIX | VIIX | PairCorr |
| 0.42 | YCL | ProShares Ultra Yen | PairCorr |
| 0.39 | FXY | Invesco CurrencyShares | PairCorr |
| 0.36 | ULE | ProShares Ultra Euro | PairCorr |
The ability to find closely correlated positions to Timothy Plan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Timothy Plan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Timothy Plan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Timothy Plan Market to buy it.
The correlation of Timothy Plan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Timothy Plan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Timothy Plan Market moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Timothy Plan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Timothy Plan Correlation, Timothy Plan Volatility and Timothy Plan Alpha and Beta module to complement your research on Timothy Plan. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Timothy Plan 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.