Cambria Trinity Etf Volatility
| TRTY Etf | USD 26.27 0.11 0.42% |
At this stage we consider Cambria Etf to be very steady. Cambria Trinity ETF secures Sharpe Ratio (or Efficiency) of 0.0467, which signifies that the etf had a 0.0467% return per unit of risk over the last 3 months. We have found thirty technical indicators for Cambria Trinity ETF, which you can use to evaluate the volatility of the entity. Please confirm Cambria Trinity's Downside Deviation of 0.6539, risk adjusted performance of 0.0601, and Mean Deviation of 0.4727 to double-check if the risk estimate we provide is consistent with the expected return of 0.0277%. Key indicators related to Cambria Trinity's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Cambria Trinity Etf volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Cambria daily returns, and it is calculated using variance and standard deviation. We also use Cambria's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Cambria Trinity volatility.
Cambria |
Downward market volatility can be a perfect environment for investors who play the long game with Cambria Trinity. They may decide to buy additional shares of Cambria Trinity at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with Cambria Etf
| 0.86 | TDSC | Cabana Target Drawdown | PairCorr |
| 0.83 | YYY | Amplify High Income | PairCorr |
| 0.88 | GMOM | Cambria Global Momentum Low Volatility | PairCorr |
| 0.78 | AGOX | Adaptive Alpha Oppor | PairCorr |
| 0.79 | TACK | Fairlead Tactical Sector | PairCorr |
| 0.71 | DALI | First Trust Dorsey | PairCorr |
Cambria Trinity Market Sensitivity And Downside Risk
Cambria Trinity's beta coefficient measures the volatility of Cambria etf compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Cambria etf's returns against your selected market. In other words, Cambria Trinity's beta of 0.51 provides an investor with an approximation of how much risk Cambria Trinity etf can potentially add to one of your existing portfolios. Cambria Trinity ETF exhibits relatively low volatility with skewness of -0.22 and kurtosis of -0.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cambria Trinity's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cambria Trinity's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Cambria Trinity ETF Demand TrendCheck current 90 days Cambria Trinity correlation with market (Dow Jones Industrial)Cambria Beta |
Cambria standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 0.59 |
It is essential to understand the difference between upside risk (as represented by Cambria Trinity's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Cambria Trinity's daily returns or price. Since the actual investment returns on holding a position in cambria etf tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Cambria Trinity.
Cambria Trinity ETF Etf Volatility Analysis
Volatility refers to the frequency at which Cambria Trinity etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Cambria Trinity's price changes. Investors will then calculate the volatility of Cambria Trinity's etf to predict their future moves. A etf that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A etf with relatively stable price changes has low volatility. A highly volatile etf is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Cambria Trinity's volatility:
Historical Volatility
This type of etf volatility measures Cambria Trinity's fluctuations based on previous trends. It's commonly used to predict Cambria Trinity's future behavior based on its past. However, it cannot conclusively determine the future direction of the etf.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Cambria Trinity's current market price. This means that the etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Cambria Trinity's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Cambria Trinity ETF Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Cambria Trinity Projected Return Density Against Market
Given the investment horizon of 90 days Cambria Trinity has a beta of 0.505 . This usually implies as returns on the market go up, Cambria Trinity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cambria Trinity ETF will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cambria Trinity or CAMBRIA ETF TRUST sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cambria Trinity's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cambria etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Cambria Trinity ETF has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
What Drives a Cambria Trinity Price Volatility?
Several factors can influence a etf's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Cambria Trinity Etf Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Cambria Trinity is 2139.63. The daily returns are distributed with a variance of 0.35 and standard deviation of 0.59. The mean deviation of Cambria Trinity ETF is currently at 0.46. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | -0.13 |
Cambria Trinity Etf Return Volatility
Cambria Trinity historical daily return volatility represents how much of Cambria Trinity etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF inherits 0.593% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7626% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Cambria Trinity Volatility
Volatility is a rate at which the price of Cambria Trinity or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Cambria Trinity may increase or decrease. In other words, similar to Cambria's beta indicator, it measures the risk of Cambria Trinity and helps estimate the fluctuations that may happen in a short period of time. So if prices of Cambria Trinity fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Under normal market conditions, the fund invests at least 80 percent of its total assets in affiliated and unaffiliated exchange-traded funds and other exchange-traded products that provide exposure to various investment asset classes, including equity and fixed income securities, real estate, commodities, and currencies, and factors such as value, momentum, and trend investing. Cambria Trinity is traded on BATS Exchange in the United States.
Cambria Trinity's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Cambria Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Cambria Trinity's price varies over time.
3 ways to utilize Cambria Trinity's volatility to invest better
Higher Cambria Trinity's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Cambria Trinity ETF etf is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Cambria Trinity ETF etf volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Cambria Trinity ETF investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Cambria Trinity's etf can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Cambria Trinity's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Cambria Trinity Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.76 and is 1.29 times more volatile than Cambria Trinity ETF. 5 percent of all equities and portfolios are less risky than Cambria Trinity. You can use Cambria Trinity ETF to enhance the returns of your portfolios. The etf experiences a normal upward fluctuation. Check odds of Cambria Trinity to be traded at $27.58 in 90 days.Poor diversification
The correlation between Cambria Trinity ETF and DJI is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cambria Trinity ETF and DJI in the same portfolio, assuming nothing else is changed.
Cambria Trinity Additional Risk Indicators
The analysis of Cambria Trinity's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Cambria Trinity's investment and either accepting that risk or mitigating it. Along with some common measures of Cambria Trinity etf's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.0601 | |||
| Market Risk Adjusted Performance | 0.089 | |||
| Mean Deviation | 0.4727 | |||
| Semi Deviation | 0.5465 | |||
| Downside Deviation | 0.6539 | |||
| Coefficient Of Variation | 1225.19 | |||
| Standard Deviation | 0.6114 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential etfs, we recommend comparing similar etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Cambria Trinity Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Cambria Trinity as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Cambria Trinity's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Cambria Trinity's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Cambria Trinity ETF.
When determining whether Cambria Trinity ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cambria Trinity'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 Cambria Trinity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Cambria Trinity Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Cambria Trinity ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of Cambria Trinity ETF is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Trinity's value that differs from its market value or its book value, called intrinsic value, which is Cambria Trinity'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 Cambria Trinity's market value can be influenced by many factors that don't directly affect Cambria Trinity'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 Cambria Trinity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria Trinity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria Trinity'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.