Rex Incomemax Option Etf Market Value
| ULTI Etf | USD 15.69 0.15 0.95% |
| Symbol | REX |
The market value of REX IncomeMax Option is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX IncomeMax's value that differs from its market value or its book value, called intrinsic value, which is REX IncomeMax'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 REX IncomeMax's market value can be influenced by many factors that don't directly affect REX IncomeMax'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 REX IncomeMax's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX IncomeMax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX IncomeMax'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.
REX IncomeMax '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 REX IncomeMax'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 REX IncomeMax.
| 11/24/2025 |
| 12/24/2025 |
If you would invest 0.00 in REX IncomeMax on November 24, 2025 and sell it all today you would earn a total of 0.00 from holding REX IncomeMax Option or generate 0.0% return on investment in REX IncomeMax over 30 days. REX IncomeMax is related to or competes with FT Cboe, FT Cboe, FT Cboe, FT Cboe, First Trust, and FT Cboe. The Ultimate Software Group, Inc. provides cloud-based human capital management solutions to enterprise companies, mid-m... More
REX IncomeMax 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 REX IncomeMax'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 REX IncomeMax Option upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 20.57 | |||
| Value At Risk | (10.46) | |||
| Potential Upside | 5.27 |
REX IncomeMax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for REX IncomeMax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as REX IncomeMax's standard deviation. In reality, there are many statistical measures that can use REX IncomeMax historical prices to predict the future REX IncomeMax's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (1.06) | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | (3.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of REX IncomeMax'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.
REX IncomeMax Option Backtested Returns
REX IncomeMax Option maintains Sharpe Ratio (i.e., Efficiency) of -0.22, which implies the entity had a -0.22 % return per unit of risk over the last 3 months. REX IncomeMax Option exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check REX IncomeMax's Coefficient Of Variation of (450.38), risk adjusted performance of (0.15), and Variance of 21.34 to confirm the risk estimate we provide. The etf holds a Beta of 0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, REX IncomeMax's returns are expected to increase less than the market. However, during the bear market, the loss of holding REX IncomeMax is expected to be smaller as well.
Auto-correlation | -0.44 |
Modest reverse predictability
REX IncomeMax Option has modest reverse predictability. Overlapping area represents the amount of predictability between REX IncomeMax time series from 24th of November 2025 to 9th of December 2025 and 9th of December 2025 to 24th of December 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 REX IncomeMax Option price movement. The serial correlation of -0.44 indicates that just about 44.0% of current REX IncomeMax price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 1.63 |
REX IncomeMax Option lagged returns against current returns
Autocorrelation, which is REX IncomeMax 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 REX IncomeMax's etf expected returns. We can calculate the autocorrelation of REX IncomeMax returns to help us make a trade decision. For example, suppose you find that REX IncomeMax 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 |
REX IncomeMax 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 REX IncomeMax etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if REX IncomeMax etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in REX IncomeMax etf over time.
Current vs Lagged Prices |
| Timeline |
REX IncomeMax Lagged Returns
When evaluating REX IncomeMax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of REX IncomeMax etf have on its future price. REX IncomeMax 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, REX IncomeMax autocorrelation shows the relationship between REX IncomeMax etf current value and its past values and can show if there is a momentum factor associated with investing in REX IncomeMax Option.
Regressed Prices |
| Timeline |
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Check out REX IncomeMax Correlation, REX IncomeMax Volatility and REX IncomeMax Alpha and Beta module to complement your research on REX IncomeMax. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
REX IncomeMax 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.