Kurv Yield Premium Etf Market Value
| TSLP Etf | 27.61 0.71 2.64% |
| Symbol | Kurv |
The market value of Kurv Yield Premium is measured differently than its book value, which is the value of Kurv that is recorded on the company's balance sheet. Investors also form their own opinion of Kurv Yield's value that differs from its market value or its book value, called intrinsic value, which is Kurv Yield'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 Kurv Yield's market value can be influenced by many factors that don't directly affect Kurv Yield'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 Kurv Yield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kurv Yield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kurv Yield'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.
Kurv Yield '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 Kurv Yield'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 Kurv Yield.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Kurv Yield on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Kurv Yield Premium or generate 0.0% return on investment in Kurv Yield over 390 days. Kurv Yield is related to or competes with Tidal Trust, Direxion Daily, Direxion Daily, Tidal Trust, Direxion Daily, GraniteShares, and Tidal Trust. Kurv Yield is entity of United States. It is traded as Etf on BATS exchange. More
Kurv Yield 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 Kurv Yield'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 Kurv Yield Premium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.1189 | |||
| Maximum Drawdown | 24.2 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 3.75 |
Kurv Yield Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kurv Yield's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kurv Yield's standard deviation. In reality, there are many statistical measures that can use Kurv Yield historical prices to predict the future Kurv Yield's volatility.| Risk Adjusted Performance | 0.1289 | |||
| Jensen Alpha | 0.376 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1858 | |||
| Treynor Ratio | 0.4194 |
Kurv Yield Premium Backtested Returns
Kurv Yield appears to be not too volatile, given 3 months investment horizon. Kurv Yield Premium has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. By analyzing Kurv Yield's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please exercise Kurv Yield's Downside Deviation of 2.22, risk adjusted performance of 0.1289, and Mean Deviation of 1.97 to check out if our risk estimates are consistent with your expectations. The etf secures a Beta (Market Risk) of 1.29, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kurv Yield will likely underperform.
Auto-correlation | -0.49 |
Modest reverse predictability
Kurv Yield Premium has modest reverse predictability. Overlapping area represents the amount of predictability between Kurv Yield time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 Kurv Yield Premium price movement. The serial correlation of -0.49 indicates that about 49.0% of current Kurv Yield price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 7.76 |
Kurv Yield Premium lagged returns against current returns
Autocorrelation, which is Kurv Yield 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 Kurv Yield's etf expected returns. We can calculate the autocorrelation of Kurv Yield returns to help us make a trade decision. For example, suppose you find that Kurv Yield 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 |
Kurv Yield 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 Kurv Yield etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kurv Yield etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kurv Yield etf over time.
Current vs Lagged Prices |
| Timeline |
Kurv Yield Lagged Returns
When evaluating Kurv Yield's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kurv Yield etf have on its future price. Kurv Yield 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, Kurv Yield autocorrelation shows the relationship between Kurv Yield etf current value and its past values and can show if there is a momentum factor associated with investing in Kurv Yield Premium.
Regressed Prices |
| Timeline |
Pair Trading with Kurv Yield
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 Kurv Yield 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 Kurv Yield will appreciate offsetting losses from the drop in the long position's value.Moving together with Kurv Etf
| 0.71 | JEPI | JPMorgan Equity Premium | PairCorr |
| 0.8 | XYLD | Global X SP | PairCorr |
| 0.68 | DIVO | Amplify CWP Enhanced | PairCorr |
| 0.8 | RYLD | Global X Russell | PairCorr |
| 0.78 | JEPQ | JPMorgan Nasdaq Equity | PairCorr |
Moving against Kurv Etf
The ability to find closely correlated positions to Kurv Yield could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kurv Yield 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 Kurv Yield - 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 Kurv Yield Premium to buy it.
The correlation of Kurv Yield 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 Kurv Yield moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kurv Yield Premium 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 Kurv Yield 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 Kurv Yield Correlation, Kurv Yield Volatility and Kurv Yield Alpha and Beta module to complement your research on Kurv Yield. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Kurv Yield 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.