Popular Total Return Etf Market Value
| TRCFX Etf | USD 28.71 0.15 0.53% |
| Symbol | Popular |
The market value of Popular Total Return is measured differently than its book value, which is the value of Popular that is recorded on the company's balance sheet. Investors also form their own opinion of Popular Total's value that differs from its market value or its book value, called intrinsic value, which is Popular Total'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 Popular Total's market value can be influenced by many factors that don't directly affect Popular Total'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 Popular Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if Popular Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Popular Total'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.
Popular Total '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 Popular Total'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 Popular Total.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Popular Total on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Popular Total Return or generate 0.0% return on investment in Popular Total over 150 days. Popular Total is related to or competes with Goldman Sachs, Vanguard, IShares MSCI, SPDR Series, Motley Fool, and First Trust. Under normal conditions, the fund will seek to meet its objective by investing at least 50, but not more than 80, of its... More
Popular Total 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 Popular Total'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 Popular Total Return upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6431 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 2.92 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.8116 |
Popular Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Popular Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Popular Total's standard deviation. In reality, there are many statistical measures that can use Popular Total historical prices to predict the future Popular Total's volatility.| Risk Adjusted Performance | 0.0346 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.059 |
Popular Total Return Backtested Returns
At this stage we consider Popular Etf to be very steady. Popular Total Return maintains Sharpe Ratio (i.e., Efficiency) of 0.0866, which implies the entity had a 0.0866 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Popular Total Return, which you can use to evaluate the volatility of the etf. Please check Popular Total's Risk Adjusted Performance of 0.0346, semi deviation of 0.573, and Coefficient Of Variation of 2050.47 to confirm if the risk estimate we provide is consistent with the expected return of 0.0456%. The etf holds a Beta of 0.26, which implies not very significant fluctuations relative to the market. As returns on the market increase, Popular Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Popular Total is expected to be smaller as well.
Auto-correlation | -0.08 |
Very weak reverse predictability
Popular Total Return has very weak reverse predictability. Overlapping area represents the amount of predictability between Popular Total time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 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 Popular Total Return price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Popular Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Popular Total Return lagged returns against current returns
Autocorrelation, which is Popular Total 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 Popular Total's etf expected returns. We can calculate the autocorrelation of Popular Total returns to help us make a trade decision. For example, suppose you find that Popular Total 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 |
Popular Total 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 Popular Total etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Popular Total etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Popular Total etf over time.
Current vs Lagged Prices |
| Timeline |
Popular Total Lagged Returns
When evaluating Popular Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Popular Total etf have on its future price. Popular Total 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, Popular Total autocorrelation shows the relationship between Popular Total etf current value and its past values and can show if there is a momentum factor associated with investing in Popular Total Return.
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.Other Information on Investing in Popular Etf
Popular Total financial ratios help investors to determine whether Popular Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Popular with respect to the benefits of owning Popular Total security.