2023 Eft Series Etf Market Value
| BSMC Etf | 36.48 0.30 0.82% |
| Symbol | 2023 |
The market value of 2023 EFT Series is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 EFT's value that differs from its market value or its book value, called intrinsic value, which is 2023 EFT'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 2023 EFT's market value can be influenced by many factors that don't directly affect 2023 EFT'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 2023 EFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 EFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 EFT'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.
2023 EFT '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 2023 EFT'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 2023 EFT.
| 10/30/2025 |
| 01/28/2026 |
If you would invest 0.00 in 2023 EFT on October 30, 2025 and sell it all today you would earn a total of 0.00 from holding 2023 EFT Series or generate 0.0% return on investment in 2023 EFT over 90 days. 2023 EFT is related to or competes with Innovator ETFs, FT Cboe, Freedom Day, VictoryShares Multi, Exchange Listed, Inspire Global, and WisdomTree Efficient. 2023 EFT is entity of United States. It is traded as Etf on BATS exchange. More
2023 EFT 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 2023 EFT'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 2023 EFT Series upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7353 | |||
| Information Ratio | 0.071 | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.82 |
2023 EFT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 2023 EFT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 2023 EFT's standard deviation. In reality, there are many statistical measures that can use 2023 EFT historical prices to predict the future 2023 EFT's volatility.| Risk Adjusted Performance | 0.124 | |||
| Jensen Alpha | 0.0681 | |||
| Total Risk Alpha | 0.0502 | |||
| Sortino Ratio | 0.0796 | |||
| Treynor Ratio | 0.1482 |
2023 EFT January 28, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.124 | |||
| Market Risk Adjusted Performance | 0.1582 | |||
| Mean Deviation | 0.6126 | |||
| Semi Deviation | 0.5105 | |||
| Downside Deviation | 0.7353 | |||
| Coefficient Of Variation | 598.88 | |||
| Standard Deviation | 0.8249 | |||
| Variance | 0.6804 | |||
| Information Ratio | 0.071 | |||
| Jensen Alpha | 0.0681 | |||
| Total Risk Alpha | 0.0502 | |||
| Sortino Ratio | 0.0796 | |||
| Treynor Ratio | 0.1482 | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.82 | |||
| Downside Variance | 0.5407 | |||
| Semi Variance | 0.2607 | |||
| Expected Short fall | (0.69) | |||
| Skewness | 0.4837 | |||
| Kurtosis | 0.8058 |
2023 EFT Series Backtested Returns
At this point, 2023 EFT is very steady. 2023 EFT Series retains Efficiency (Sharpe Ratio) of 0.19, which signifies that the etf had a 0.19 % return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for 2023 EFT, which you can use to evaluate the volatility of the entity. Please confirm 2023 EFT's Coefficient Of Variation of 598.88, market risk adjusted performance of 0.1582, and Standard Deviation of 0.8249 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. The entity owns a Beta (Systematic Risk) of 0.86, which signifies possible diversification benefits within a given portfolio. 2023 EFT returns are very sensitive to returns on the market. As the market goes up or down, 2023 EFT is expected to follow.
Auto-correlation | 0.66 |
Good predictability
2023 EFT Series has good predictability. Overlapping area represents the amount of predictability between 2023 EFT time series from 30th of October 2025 to 14th of December 2025 and 14th of December 2025 to 28th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 2023 EFT Series price movement. The serial correlation of 0.66 indicates that around 66.0% of current 2023 EFT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
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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.| HITI | High Tide | |
| HITI | High Tide | |
| BAC | Bank of America |
Check out 2023 EFT Correlation, 2023 EFT Volatility and 2023 EFT Alpha and Beta module to complement your research on 2023 EFT. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
2023 EFT 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.