Us Treasury 3 Etf Market Value
| UTRE Etf | 49.08 0.16 0.33% |
| Symbol | UTRE |
The market value of US Treasury 3 is measured differently than its book value, which is the value of UTRE that is recorded on the company's balance sheet. Investors also form their own opinion of US Treasury's value that differs from its market value or its book value, called intrinsic value, which is US Treasury'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 US Treasury's market value can be influenced by many factors that don't directly affect US Treasury'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 US Treasury's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Treasury is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Treasury'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.
US Treasury '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 US Treasury'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 US Treasury.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in US Treasury on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding US Treasury 3 or generate 0.0% return on investment in US Treasury over 30 days. US Treasury is related to or competes with Rbb Fund. US Treasury is entity of United States. It is traded as Etf on NASDAQ exchange. More
US Treasury 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 US Treasury'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 US Treasury 3 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.91) | |||
| Maximum Drawdown | 0.8886 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.2221 |
US Treasury Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Treasury's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as US Treasury's standard deviation. In reality, there are many statistical measures that can use US Treasury historical prices to predict the future US Treasury's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.496 |
US Treasury 3 Backtested Returns
US Treasury 3 retains Efficiency (Sharpe Ratio) of -0.0485, which indicates the etf had a -0.0485% return per unit of price deviation over the last 3 months. US Treasury exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate US Treasury's Risk Adjusted Performance of (0.08), standard deviation of 0.1519, and Mean Deviation of 0.1202 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.0355, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning US Treasury are expected to decrease at a much lower rate. During the bear market, US Treasury is likely to outperform the market.
Auto-correlation | -0.54 |
Good reverse predictability
US Treasury 3 has good reverse predictability. Overlapping area represents the amount of predictability between US Treasury time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 US Treasury 3 price movement. The serial correlation of -0.54 indicates that about 54.0% of current US Treasury price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
US Treasury 3 lagged returns against current returns
Autocorrelation, which is US Treasury 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 US Treasury's etf expected returns. We can calculate the autocorrelation of US Treasury returns to help us make a trade decision. For example, suppose you find that US Treasury 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 |
US Treasury 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 US Treasury etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if US Treasury etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in US Treasury etf over time.
Current vs Lagged Prices |
| Timeline |
US Treasury Lagged Returns
When evaluating US Treasury's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of US Treasury etf have on its future price. US Treasury 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, US Treasury autocorrelation shows the relationship between US Treasury etf current value and its past values and can show if there is a momentum factor associated with investing in US Treasury 3.
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 US Treasury 3 is a strong investment it is important to analyze US Treasury'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 US Treasury's future performance. For an informed investment choice regarding UTRE Etf, refer to the following important reports:Check out US Treasury Correlation, US Treasury Volatility and US Treasury Alpha and Beta module to complement your research on US Treasury. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
US Treasury 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.