Ecofin Sustainable And Fund Market Value
| XTEAX Fund | USD 14.88 0.03 0.20% |
| Symbol | Ecofin |
Please note, there is a significant difference between Ecofin Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ecofin Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ecofin Sustainable'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.
Ecofin Sustainable '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 Ecofin Sustainable's mutual fund 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 Ecofin Sustainable.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Ecofin Sustainable on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Ecofin Sustainable And or generate 0.0% return on investment in Ecofin Sustainable over 720 days. Ecofin Sustainable is related to or competes with Tiaa-cref Real, Us Real, Columbia Real, Amg Managers, Guggenheim Risk, and Dunham Real. Ecofin Sustainable is entity of United States More
Ecofin Sustainable 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 Ecofin Sustainable's mutual fund 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 Ecofin Sustainable And upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 1.64 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.5479 |
Ecofin Sustainable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ecofin Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ecofin Sustainable's standard deviation. In reality, there are many statistical measures that can use Ecofin Sustainable historical prices to predict the future Ecofin Sustainable's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.17) |
Ecofin Sustainable And Backtested Returns
At this stage we consider Ecofin Mutual Fund to be very steady. Ecofin Sustainable And secures Sharpe Ratio (or Efficiency) of 0.002, which denotes the fund had a 0.002% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Ecofin Sustainable And, which you can use to evaluate the volatility of the entity. Please confirm Ecofin Sustainable's Standard Deviation of 0.4164, mean deviation of 0.3351, and Variance of 0.1734 to check if the risk estimate we provide is consistent with the expected return of 8.0E-4%. The fund shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Ecofin Sustainable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ecofin Sustainable is expected to be smaller as well.
Auto-correlation | -0.3 |
Weak reverse predictability
Ecofin Sustainable And has weak reverse predictability. Overlapping area represents the amount of predictability between Ecofin Sustainable time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Ecofin Sustainable And price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Ecofin Sustainable price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Ecofin Sustainable And lagged returns against current returns
Autocorrelation, which is Ecofin Sustainable mutual fund'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 Ecofin Sustainable's mutual fund expected returns. We can calculate the autocorrelation of Ecofin Sustainable returns to help us make a trade decision. For example, suppose you find that Ecofin Sustainable has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Ecofin Sustainable 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 Ecofin Sustainable mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ecofin Sustainable mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ecofin Sustainable mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ecofin Sustainable Lagged Returns
When evaluating Ecofin Sustainable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ecofin Sustainable mutual fund have on its future price. Ecofin Sustainable 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, Ecofin Sustainable autocorrelation shows the relationship between Ecofin Sustainable mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ecofin Sustainable And.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Ecofin Mutual Fund
Ecofin Sustainable financial ratios help investors to determine whether Ecofin Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ecofin with respect to the benefits of owning Ecofin Sustainable security.
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