Segall Bryant Hamill Etf Market Value
| USSE Etf | 33.04 0.24 0.72% |
| Symbol | Segall |
The market value of Segall Bryant Hamill is measured differently than its book value, which is the value of Segall that is recorded on the company's balance sheet. Investors also form their own opinion of Segall Bryant's value that differs from its market value or its book value, called intrinsic value, which is Segall Bryant'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 Segall Bryant's market value can be influenced by many factors that don't directly affect Segall Bryant'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 Segall Bryant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Segall Bryant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Segall Bryant'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.
Segall Bryant '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 Segall Bryant'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 Segall Bryant.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Segall Bryant on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Segall Bryant Hamill or generate 0.0% return on investment in Segall Bryant over 30 days. Segall Bryant is related to or competes with Davis Select, Tidal ETF, Principal Value, WisdomTree Emerging, Ballast SmallMid, Vanguard Minimum, and Vanguard Value. Segall Bryant is entity of United States More
Segall Bryant 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 Segall Bryant'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 Segall Bryant Hamill upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8665 | |||
| Information Ratio | 0.0215 | |||
| Maximum Drawdown | 5.07 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.22 |
Segall Bryant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Segall Bryant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Segall Bryant's standard deviation. In reality, there are many statistical measures that can use Segall Bryant historical prices to predict the future Segall Bryant's volatility.| Risk Adjusted Performance | 0.1334 | |||
| Jensen Alpha | 0.0273 | |||
| Total Risk Alpha | 0.0033 | |||
| Sortino Ratio | 0.0213 | |||
| Treynor Ratio | 0.1499 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Segall Bryant'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.
Segall Bryant Hamill Backtested Returns
At this point, Segall Bryant is very steady. Segall Bryant Hamill owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Segall Bryant Hamill, which you can use to evaluate the volatility of the etf. Please validate Segall Bryant's Coefficient Of Variation of 578.1, risk adjusted performance of 0.1334, and Semi Deviation of 0.6697 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. The entity has a beta of 0.93, which indicates possible diversification benefits within a given portfolio. Segall Bryant returns are very sensitive to returns on the market. As the market goes up or down, Segall Bryant is expected to follow.
Auto-correlation | 0.88 |
Very good predictability
Segall Bryant Hamill has very good predictability. Overlapping area represents the amount of predictability between Segall Bryant time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Segall Bryant Hamill price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Segall Bryant price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Segall Bryant Hamill lagged returns against current returns
Autocorrelation, which is Segall Bryant 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 Segall Bryant's etf expected returns. We can calculate the autocorrelation of Segall Bryant returns to help us make a trade decision. For example, suppose you find that Segall Bryant 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 |
Segall Bryant 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 Segall Bryant etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Segall Bryant etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Segall Bryant etf over time.
Current vs Lagged Prices |
| Timeline |
Segall Bryant Lagged Returns
When evaluating Segall Bryant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Segall Bryant etf have on its future price. Segall Bryant 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, Segall Bryant autocorrelation shows the relationship between Segall Bryant etf current value and its past values and can show if there is a momentum factor associated with investing in Segall Bryant Hamill.
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.When determining whether Segall Bryant Hamill is a strong investment it is important to analyze Segall Bryant's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Segall Bryant's future performance. For an informed investment choice regarding Segall Etf, refer to the following important reports:Check out Segall Bryant Correlation, Segall Bryant Volatility and Segall Bryant Alpha and Beta module to complement your research on Segall Bryant. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Segall Bryant 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.