Rex Volmaxx Long Etf Market Value
| VMAX Etf | 55.11 0.00 0.00% |
| Symbol | REX |
The market value of REX VolMAXX Long 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 VolMAXX's value that differs from its market value or its book value, called intrinsic value, which is REX VolMAXX'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 VolMAXX's market value can be influenced by many factors that don't directly affect REX VolMAXX'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 VolMAXX's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX VolMAXX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX VolMAXX'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 VolMAXX '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 VolMAXX'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 VolMAXX.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in REX VolMAXX on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding REX VolMAXX Long or generate 0.0% return on investment in REX VolMAXX over 30 days. REX VolMAXX is related to or competes with Hartford Quality, Hartford Multifactor, AdvisorShares Dorsey, IShares AsiaPacific, First Trust, First Trust, and Touchstone ETF. The investment seeks to provide investors with exposure to the implied volatility of the broad-based, large-cap U.S More
REX VolMAXX 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 VolMAXX'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 VolMAXX Long upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9371 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.55 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.2 |
REX VolMAXX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for REX VolMAXX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as REX VolMAXX's standard deviation. In reality, there are many statistical measures that can use REX VolMAXX historical prices to predict the future REX VolMAXX's volatility.| Risk Adjusted Performance | 0.0503 | |||
| Jensen Alpha | 0.0356 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2823 |
REX VolMAXX Long Backtested Returns
At this stage we consider REX Etf to be very steady. REX VolMAXX Long maintains Sharpe Ratio (i.e., Efficiency) of 0.0889, which implies the entity had a 0.0889 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for REX VolMAXX Long, which you can use to evaluate the volatility of the etf. Please check REX VolMAXX's Semi Deviation of 0.8549, risk adjusted performance of 0.0503, and Coefficient Of Variation of 1441.04 to confirm if the risk estimate we provide is consistent with the expected return of 0.0738%. The etf holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, REX VolMAXX's returns are expected to increase less than the market. However, during the bear market, the loss of holding REX VolMAXX is expected to be smaller as well.
Auto-correlation | 0.48 |
Average predictability
REX VolMAXX Long has average predictability. Overlapping area represents the amount of predictability between REX VolMAXX time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th 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 VolMAXX Long price movement. The serial correlation of 0.48 indicates that about 48.0% of current REX VolMAXX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
REX VolMAXX Long lagged returns against current returns
Autocorrelation, which is REX VolMAXX 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 VolMAXX's etf expected returns. We can calculate the autocorrelation of REX VolMAXX returns to help us make a trade decision. For example, suppose you find that REX VolMAXX 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 VolMAXX 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 VolMAXX etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if REX VolMAXX etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in REX VolMAXX etf over time.
Current vs Lagged Prices |
| Timeline |
REX VolMAXX Lagged Returns
When evaluating REX VolMAXX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of REX VolMAXX etf have on its future price. REX VolMAXX 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 VolMAXX autocorrelation shows the relationship between REX VolMAXX etf current value and its past values and can show if there is a momentum factor associated with investing in REX VolMAXX Long.
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 REX VolMAXX Long offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of REX VolMAXX'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 Rex Volmaxx Long Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Rex Volmaxx Long Etf:Check out REX VolMAXX Correlation, REX VolMAXX Volatility and REX VolMAXX Alpha and Beta module to complement your research on REX VolMAXX. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
REX VolMAXX 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.