Tsep Etf Market Value
| TSEP Etf | 24.14 0.36 1.51% |
| Symbol | TSEP |
The market value of TSEP is measured differently than its book value, which is the value of TSEP that is recorded on the company's balance sheet. Investors also form their own opinion of TSEP's value that differs from its market value or its book value, called intrinsic value, which is TSEP'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 TSEP's market value can be influenced by many factors that don't directly affect TSEP'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 TSEP's value and its price as these two are different measures arrived at by different means. Investors typically determine if TSEP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TSEP'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.
TSEP '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 TSEP'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 TSEP.
| 12/03/2025 |
| 01/02/2026 |
If you would invest 0.00 in TSEP on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding TSEP or generate 0.0% return on investment in TSEP over 30 days. TSEP is related to or competes with Direxion Daily, Vanguard World, Innovator MSCI, Innovator ETFs, Innovator MSCI, Innovator MSCI, and Macquarie Focused. TSEP is entity of United States. It is traded as Etf on BATS exchange. More
TSEP 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 TSEP'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 TSEP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6618 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 2.9 | |||
| Value At Risk | (0.76) | |||
| Potential Upside | 0.9426 |
TSEP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TSEP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TSEP's standard deviation. In reality, there are many statistical measures that can use TSEP historical prices to predict the future TSEP's volatility.| Risk Adjusted Performance | 0.0489 | |||
| Jensen Alpha | 0.0075 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0627 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TSEP'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.
TSEP Backtested Returns
Currently, TSEP is very steady. TSEP owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0397, which indicates the etf had a 0.0397 % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for TSEP, which you can use to evaluate the volatility of the etf. Please validate TSEP's coefficient of variation of 1391.17, and Risk Adjusted Performance of 0.0489 to confirm if the risk estimate we provide is consistent with the expected return of 0.0244%. The entity has a beta of 0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TSEP's returns are expected to increase less than the market. However, during the bear market, the loss of holding TSEP is expected to be smaller as well.
Auto-correlation | -0.55 |
Good reverse predictability
TSEP has good reverse predictability. Overlapping area represents the amount of predictability between TSEP time series from 3rd of December 2025 to 18th of December 2025 and 18th of December 2025 to 2nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TSEP price movement. The serial correlation of -0.55 indicates that about 55.0% of current TSEP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
TSEP lagged returns against current returns
Autocorrelation, which is TSEP 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 TSEP's etf expected returns. We can calculate the autocorrelation of TSEP returns to help us make a trade decision. For example, suppose you find that TSEP 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 |
TSEP 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 TSEP etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TSEP etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TSEP etf over time.
Current vs Lagged Prices |
| Timeline |
TSEP Lagged Returns
When evaluating TSEP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TSEP etf have on its future price. TSEP 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, TSEP autocorrelation shows the relationship between TSEP etf current value and its past values and can show if there is a momentum factor associated with investing in TSEP.
Regressed Prices |
| Timeline |
Pair Trading with TSEP
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 TSEP 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 TSEP will appreciate offsetting losses from the drop in the long position's value.Moving together with TSEP Etf
| 0.65 | INOV | Innovator ETFs Trust | PairCorr |
| 0.68 | BUFR | First Trust Cboe | PairCorr |
| 0.63 | BUFD | FT Cboe Vest | PairCorr |
| 0.72 | PSEP | Innovator SP 500 | PairCorr |
Moving against TSEP Etf
The ability to find closely correlated positions to TSEP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TSEP 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 TSEP - 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 TSEP to buy it.
The correlation of TSEP 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 TSEP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TSEP 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 TSEP 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 TSEP Correlation, TSEP Volatility and TSEP Alpha and Beta module to complement your research on TSEP. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
TSEP 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.