ARCA Major's market value is the price at which a share of ARCA Major trades on a public exchange. It measures the collective expectations of ARCA Major Markets investors about its performance. ARCA Major is listed at 3944.79 as of the 23rd of November 2024, which is a 0.79 percent up since the beginning of the trading day. The index's lowest day price was 3904.84. With this module, you can estimate the performance of a buy and hold strategy of ARCA Major Markets and determine expected loss or profit from investing in ARCA Major over a given investment horizon. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Symbol
ARCA
ARCA Major '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 ARCA Major's index 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 ARCA Major.
0.00
12/29/2023
No Change 0.00
0.0
In 10 months and 27 days
11/23/2024
0.00
If you would invest 0.00 in ARCA Major on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding ARCA Major Markets or generate 0.0% return on investment in ARCA Major over 330 days.
ARCA Major 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 ARCA Major's index 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 ARCA Major Markets upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARCA Major's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ARCA Major's standard deviation. In reality, there are many statistical measures that can use ARCA Major historical prices to predict the future ARCA Major's volatility.
ARCA Major Markets retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the index had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for ARCA Major, which you can use to evaluate the volatility of the entity. The index owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and ARCA Major are completely uncorrelated.
Auto-correlation
0.68
Good predictability
ARCA Major Markets has good predictability. Overlapping area represents the amount of predictability between ARCA Major time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 ARCA Major Markets price movement. The serial correlation of 0.68 indicates that around 68.0% of current ARCA Major price fluctuation can be explain by its past prices.
Correlation Coefficient
0.68
Spearman Rank Test
0.72
Residual Average
0.0
Price Variance
11 K
ARCA Major Markets lagged returns against current returns
Autocorrelation, which is ARCA Major index'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 ARCA Major's index expected returns. We can calculate the autocorrelation of ARCA Major returns to help us make a trade decision. For example, suppose you find that ARCA Major has exhibited high autocorrelation historically, and you observe that the index 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
ARCA Major 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 ARCA Major index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ARCA Major index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ARCA Major index over time.
Current vs Lagged Prices
Timeline
ARCA Major Lagged Returns
When evaluating ARCA Major's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ARCA Major index have on its future price. ARCA Major 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, ARCA Major autocorrelation shows the relationship between ARCA Major index current value and its past values and can show if there is a momentum factor associated with investing in ARCA Major Markets.
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.