Fcf International Quality Etf Market Value
| TTAI Etf | USD 29.62 0.10 0.34% |
| Symbol | FCF |
The market value of FCF International Quality is measured differently than its book value, which is the value of FCF that is recorded on the company's balance sheet. Investors also form their own opinion of FCF International's value that differs from its market value or its book value, called intrinsic value, which is FCF International'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 FCF International's market value can be influenced by many factors that don't directly affect FCF International'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 FCF International's value and its price as these two are different measures arrived at by different means. Investors typically determine if FCF International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FCF International'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.
FCF International '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 FCF International'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 FCF International.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in FCF International on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding FCF International Quality or generate 0.0% return on investment in FCF International over 90 days. FCF International is related to or competes with Dimensional Core, Dimensional Emerging, Dimensional Targeted, Dimensional Small, and Dimensional Core. Under normal market circumstances, approximately 150 of the highest ranked securities are selected by the Systematic Mod... More
FCF International 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 FCF International'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 FCF International Quality upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 4.11 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.49 |
FCF International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FCF International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FCF International's standard deviation. In reality, there are many statistical measures that can use FCF International historical prices to predict the future FCF International's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.11) |
FCF International Quality Backtested Returns
FCF International Quality secures Sharpe Ratio (or Efficiency) of -0.0286, which denotes the etf had a -0.0286% return per unit of return volatility over the last 3 months. FCF International Quality exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FCF International's mean deviation of 0.6497, and Standard Deviation of 0.8664 to check the risk estimate we provide. The entity shows a Beta (market volatility) of 0.46, which means possible diversification benefits within a given portfolio. As returns on the market increase, FCF International's returns are expected to increase less than the market. However, during the bear market, the loss of holding FCF International is expected to be smaller as well.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
FCF International Quality has almost perfect reverse predictability. Overlapping area represents the amount of predictability between FCF International time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 FCF International Quality price movement. The serial correlation of -0.78 indicates that around 78.0% of current FCF International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
FCF International Quality lagged returns against current returns
Autocorrelation, which is FCF International 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 FCF International's etf expected returns. We can calculate the autocorrelation of FCF International returns to help us make a trade decision. For example, suppose you find that FCF International 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 |
FCF International 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 FCF International etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FCF International etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FCF International etf over time.
Current vs Lagged Prices |
| Timeline |
FCF International Lagged Returns
When evaluating FCF International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FCF International etf have on its future price. FCF International 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, FCF International autocorrelation shows the relationship between FCF International etf current value and its past values and can show if there is a momentum factor associated with investing in FCF International Quality.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether FCF International Quality offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FCF International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fcf International Quality Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Fcf International Quality Etf:Check out FCF International Correlation, FCF International Volatility and FCF International Alpha and Beta module to complement your research on FCF International. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
FCF International 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.