Hypatia Women Ceo Etf Market Value
| WCEO Etf | 32.48 0.49 1.53% |
| Symbol | Hypatia |
The market value of Hypatia Women Ceo is measured differently than its book value, which is the value of Hypatia that is recorded on the company's balance sheet. Investors also form their own opinion of Hypatia Women's value that differs from its market value or its book value, called intrinsic value, which is Hypatia Women'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 Hypatia Women's market value can be influenced by many factors that don't directly affect Hypatia Women'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 Hypatia Women's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hypatia Women is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hypatia Women'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.
Hypatia Women '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 Hypatia Women'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 Hypatia Women.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Hypatia Women on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Hypatia Women Ceo or generate 0.0% return on investment in Hypatia Women over 30 days. Hypatia Women is related to or competes with IShares Dividend, Martin Currie, VictoryShares THB, Mast Global, AdvisorShares Gerber, Amplify ETF, and Tidal ETF. Hypatia Women is entity of United States More
Hypatia Women 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 Hypatia Women'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 Hypatia Women Ceo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8715 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.82 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.65 |
Hypatia Women Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hypatia Women's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hypatia Women's standard deviation. In reality, there are many statistical measures that can use Hypatia Women historical prices to predict the future Hypatia Women's volatility.| Risk Adjusted Performance | 0.0921 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0973 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hypatia Women'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.
Hypatia Women Ceo Backtested Returns
As of now, Hypatia Etf is very steady. Hypatia Women Ceo holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hypatia Women Ceo, which you can use to evaluate the volatility of the entity. Please check out Hypatia Women's Risk Adjusted Performance of 0.0921, market risk adjusted performance of 0.1073, and Downside Deviation of 0.8715 to validate if the risk estimate we provide is consistent with the expected return of 0.0968%. The etf retains a Market Volatility (i.e., Beta) of 1.1, which attests to a somewhat significant risk relative to the market. Hypatia Women returns are very sensitive to returns on the market. As the market goes up or down, Hypatia Women is expected to follow.
Auto-correlation | 0.15 |
Insignificant predictability
Hypatia Women Ceo has insignificant predictability. Overlapping area represents the amount of predictability between Hypatia Women time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Hypatia Women Ceo price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Hypatia Women price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Hypatia Women Ceo lagged returns against current returns
Autocorrelation, which is Hypatia Women 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 Hypatia Women's etf expected returns. We can calculate the autocorrelation of Hypatia Women returns to help us make a trade decision. For example, suppose you find that Hypatia Women 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 |
Hypatia Women 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 Hypatia Women etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hypatia Women etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hypatia Women etf over time.
Current vs Lagged Prices |
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Hypatia Women Lagged Returns
When evaluating Hypatia Women's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hypatia Women etf have on its future price. Hypatia Women 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, Hypatia Women autocorrelation shows the relationship between Hypatia Women etf current value and its past values and can show if there is a momentum factor associated with investing in Hypatia Women Ceo.
Regressed Prices |
| Timeline |
Pair Trading with Hypatia Women
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hypatia Women position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hypatia Women will appreciate offsetting losses from the drop in the long position's value.Moving together with Hypatia Etf
| 0.95 | VB | Vanguard Small Cap | PairCorr |
| 0.93 | IJR | iShares Core SP | PairCorr |
| 0.96 | IWM | iShares Russell 2000 Aggressive Push | PairCorr |
| 0.96 | VRTIX | Vanguard Russell 2000 | PairCorr |
| 0.96 | VTWO | Vanguard Russell 2000 | PairCorr |
Moving against Hypatia Etf
The ability to find closely correlated positions to Hypatia Women could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hypatia Women when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hypatia Women - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hypatia Women Ceo to buy it.
The correlation of Hypatia Women is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hypatia Women moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hypatia Women Ceo moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hypatia Women can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Hypatia Women Correlation, Hypatia Women Volatility and Hypatia Women Alpha and Beta module to complement your research on Hypatia Women. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Hypatia Women 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.