Middlefield Equity Dividend Etf Market Value
| ACZ Etf | CAD 20.85 0.00 0.00% |
| Symbol | Middlefield |
Middlefield Equity '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 Middlefield Equity'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 Middlefield Equity.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Middlefield Equity on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Middlefield Equity Dividend or generate 0.0% return on investment in Middlefield Equity over 90 days. Middlefield Equity is related to or competes with Middlefield Sustainable, Middlefield Healthcare, Middlefield Global, and NBI High. The investment objectives of Core are to provide Core Unitholders with stable monthly cash distributions and long-term t... More
Middlefield Equity 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 Middlefield Equity'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 Middlefield Equity Dividend upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0273 | |||
| Maximum Drawdown | 6.08 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 1.93 |
Middlefield Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Middlefield Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Middlefield Equity's standard deviation. In reality, there are many statistical measures that can use Middlefield Equity historical prices to predict the future Middlefield Equity's volatility.| Risk Adjusted Performance | 0.1626 | |||
| Jensen Alpha | 0.11 | |||
| Total Risk Alpha | 0.0224 | |||
| Treynor Ratio | 0.4367 |
Middlefield Equity Backtested Returns
As of now, Middlefield Etf is very steady. Middlefield Equity has Sharpe Ratio of 0.21, which conveys that the entity had a 0.21 % return per unit of risk over the last 3 months. We have found eighteen technical indicators for Middlefield Equity, which you can use to evaluate the volatility of the etf. Please verify Middlefield Equity's Standard Deviation of 0.9615, mean deviation of 0.4827, and Risk Adjusted Performance of 0.1626 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. The etf secures a Beta (Market Risk) of 0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Middlefield Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Middlefield Equity is expected to be smaller as well.
Auto-correlation | 0.85 |
Very good predictability
Middlefield Equity Dividend has very good predictability. Overlapping area represents the amount of predictability between Middlefield Equity time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Middlefield Equity price movement. The serial correlation of 0.85 indicates that around 85.0% of current Middlefield Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Middlefield Equity lagged returns against current returns
Autocorrelation, which is Middlefield Equity 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 Middlefield Equity's etf expected returns. We can calculate the autocorrelation of Middlefield Equity returns to help us make a trade decision. For example, suppose you find that Middlefield Equity 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 |
Middlefield Equity 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 Middlefield Equity etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Middlefield Equity etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Middlefield Equity etf over time.
Current vs Lagged Prices |
| Timeline |
Middlefield Equity Lagged Returns
When evaluating Middlefield Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Middlefield Equity etf have on its future price. Middlefield Equity 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, Middlefield Equity autocorrelation shows the relationship between Middlefield Equity etf current value and its past values and can show if there is a momentum factor associated with investing in Middlefield Equity Dividend.
Regressed Prices |
| Timeline |
Pair Trading with Middlefield Equity
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 Middlefield Equity 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 Middlefield Equity will appreciate offsetting losses from the drop in the long position's value.Moving together with Middlefield Etf
| 0.94 | VGG | Vanguard Dividend | PairCorr |
| 0.92 | CUD | iShares Dividend Growers | PairCorr |
| 0.93 | ZDY | BMO Dividend ETF | PairCorr |
| 0.92 | ZWH | BMO High Dividend | PairCorr |
| 0.95 | VGH | Vanguard Dividend | PairCorr |
Moving against Middlefield Etf
The ability to find closely correlated positions to Middlefield Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Middlefield Equity 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 Middlefield Equity - 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 Middlefield Equity Dividend to buy it.
The correlation of Middlefield Equity 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 Middlefield Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Middlefield Equity 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 Middlefield Equity 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.Other Information on Investing in Middlefield Etf
Middlefield Equity financial ratios help investors to determine whether Middlefield Etf 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 Middlefield with respect to the benefits of owning Middlefield Equity security.