The Rbb Fund, Etf Market Value
| ZTEN Etf | 50.16 0.02 0.04% |
| Symbol | RBB |
The market value of RBB Fund, is measured differently than its book value, which is the value of RBB that is recorded on the company's balance sheet. Investors also form their own opinion of RBB Fund,'s value that differs from its market value or its book value, called intrinsic value, which is RBB Fund,'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 RBB Fund,'s market value can be influenced by many factors that don't directly affect RBB Fund,'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 RBB Fund,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if RBB Fund, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RBB Fund,'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.
RBB Fund, '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 RBB Fund,'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 RBB Fund,.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in RBB Fund, on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding The RBB Fund, or generate 0.0% return on investment in RBB Fund, over 30 days. RBB Fund, is related to or competes with FlexShares Credit, FlexShares Disciplined, FlexShares Quality, and First Trust. RBB Fund, is entity of United States. It is traded as Etf on NYSE ARCA exchange. More
RBB Fund, 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 RBB Fund,'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 The RBB Fund, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.42) | |||
| Maximum Drawdown | 1.81 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.531 |
RBB Fund, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RBB Fund,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RBB Fund,'s standard deviation. In reality, there are many statistical measures that can use RBB Fund, historical prices to predict the future RBB Fund,'s volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 1.38 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RBB Fund,'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.
RBB Fund, Backtested Returns
RBB Fund, maintains Sharpe Ratio (i.e., Efficiency) of -0.0711, which implies the entity had a -0.0711% return per unit of risk over the last 3 months. RBB Fund, exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RBB Fund,'s Coefficient Of Variation of (2,072), market risk adjusted performance of 1.39, and Variance of 0.1214 to confirm the risk estimate we provide. The etf holds a Beta of -0.0194, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RBB Fund, are expected to decrease at a much lower rate. During the bear market, RBB Fund, is likely to outperform the market.
Auto-correlation | 0.32 |
Below average predictability
The RBB Fund, has below average predictability. Overlapping area represents the amount of predictability between RBB Fund, time series from 24th of October 2024 to 8th of November 2024 and 8th of November 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 RBB Fund, price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current RBB Fund, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
RBB Fund, lagged returns against current returns
Autocorrelation, which is RBB Fund, 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 RBB Fund,'s etf expected returns. We can calculate the autocorrelation of RBB Fund, returns to help us make a trade decision. For example, suppose you find that RBB Fund, 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 |
RBB Fund, 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 RBB Fund, etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RBB Fund, etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RBB Fund, etf over time.
Current vs Lagged Prices |
| Timeline |
RBB Fund, Lagged Returns
When evaluating RBB Fund,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RBB Fund, etf have on its future price. RBB Fund, 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, RBB Fund, autocorrelation shows the relationship between RBB Fund, etf current value and its past values and can show if there is a momentum factor associated with investing in The RBB Fund,.
Regressed Prices |
| Timeline |
Pair Trading with RBB Fund,
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 RBB Fund, 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 RBB Fund, will appreciate offsetting losses from the drop in the long position's value.Moving together with RBB Etf
| 0.96 | BLV | Vanguard Long Term | PairCorr |
| 0.94 | BAB | Invesco Taxable Municipal | PairCorr |
| 0.99 | IGLB | iShares 10 Year | PairCorr |
| 0.99 | SPLB | SPDR Barclays Long | PairCorr |
| 0.98 | FFIU | Fieldstone UVA Uncon | PairCorr |
Moving against RBB Etf
| 0.8 | NVDL | GraniteShares 15x Long Downward Rally | PairCorr |
| 0.8 | NVDX | T Rex 2X Downward Rally | PairCorr |
| 0.8 | NVDU | Direxion Daily NVDA Downward Rally | PairCorr |
| 0.76 | CRPT | First Trust SkyBridge | PairCorr |
| 0.75 | DAPP | VanEck Digital Trans | PairCorr |
The ability to find closely correlated positions to RBB Fund, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RBB Fund, 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 RBB Fund, - 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 The RBB Fund, to buy it.
The correlation of RBB Fund, 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 RBB Fund, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RBB Fund, 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 RBB Fund, 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 RBB Fund, Correlation, RBB Fund, Volatility and RBB Fund, Alpha and Beta module to complement your research on RBB Fund,. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
RBB Fund, 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.