Coin Weeklypay Etf Market Value
COIW Etf | 64.52 1.64 2.61% |
Symbol | COIN |
The market value of COIN WeeklyPay ETF is measured differently than its book value, which is the value of COIN that is recorded on the company's balance sheet. Investors also form their own opinion of COIN WeeklyPay's value that differs from its market value or its book value, called intrinsic value, which is COIN WeeklyPay'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 COIN WeeklyPay's market value can be influenced by many factors that don't directly affect COIN WeeklyPay'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 COIN WeeklyPay's value and its price as these two are different measures arrived at by different means. Investors typically determine if COIN WeeklyPay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, COIN WeeklyPay'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.
COIN WeeklyPay '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 COIN WeeklyPay'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 COIN WeeklyPay.
04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in COIN WeeklyPay on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding COIN WeeklyPay ETF or generate 0.0% return on investment in COIN WeeklyPay over 90 days. COIN WeeklyPay is related to or competes with Franklin Templeton, Tidal Trust, IShares Dividend, Altrius Global, Invesco Exchange, Franklin International, and Madison ETFs. COIN WeeklyPay is entity of United States More
COIN WeeklyPay 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 COIN WeeklyPay'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 COIN WeeklyPay ETF upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 3.32 | |||
Information Ratio | 0.2586 | |||
Maximum Drawdown | 37.84 | |||
Value At Risk | (5.51) | |||
Potential Upside | 10.71 |
COIN WeeklyPay Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COIN WeeklyPay's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COIN WeeklyPay's standard deviation. In reality, there are many statistical measures that can use COIN WeeklyPay historical prices to predict the future COIN WeeklyPay's volatility.Risk Adjusted Performance | 0.2719 | |||
Jensen Alpha | 1.52 | |||
Total Risk Alpha | 0.8423 | |||
Sortino Ratio | 0.4667 | |||
Treynor Ratio | 1.4 |
COIN WeeklyPay ETF Backtested Returns
COIN WeeklyPay is very steady given 3 months investment horizon. COIN WeeklyPay ETF secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the etf had a 0.29 % return per unit of return volatility over the last 3 months. We were able to collect and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.79% are justified by taking the suggested risk. Use COIN WeeklyPay Mean Deviation of 4.2, semi deviation of 2.67, and Risk Adjusted Performance of 0.2719 to evaluate company specific risk that cannot be diversified away. The etf shows a Beta (market volatility) of 1.21, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, COIN WeeklyPay will likely underperform.
Auto-correlation | 0.77 |
Good predictability
COIN WeeklyPay ETF has good predictability. Overlapping area represents the amount of predictability between COIN WeeklyPay time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th 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 COIN WeeklyPay ETF price movement. The serial correlation of 0.77 indicates that around 77.0% of current COIN WeeklyPay price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.77 | |
Spearman Rank Test | 0.66 | |
Residual Average | 0.0 | |
Price Variance | 104.71 |
COIN WeeklyPay ETF lagged returns against current returns
Autocorrelation, which is COIN WeeklyPay 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 COIN WeeklyPay's etf expected returns. We can calculate the autocorrelation of COIN WeeklyPay returns to help us make a trade decision. For example, suppose you find that COIN WeeklyPay 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 |
COIN WeeklyPay 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 COIN WeeklyPay etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COIN WeeklyPay etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COIN WeeklyPay etf over time.
Current vs Lagged Prices |
Timeline |
COIN WeeklyPay Lagged Returns
When evaluating COIN WeeklyPay's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COIN WeeklyPay etf have on its future price. COIN WeeklyPay 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, COIN WeeklyPay autocorrelation shows the relationship between COIN WeeklyPay etf current value and its past values and can show if there is a momentum factor associated with investing in COIN WeeklyPay ETF.
Regressed Prices |
Timeline |
Also Currently Popular
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.When determining whether COIN WeeklyPay ETF is a strong investment it is important to analyze COIN WeeklyPay's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact COIN WeeklyPay's future performance. For an informed investment choice regarding COIN Etf, refer to the following important reports:Check out COIN WeeklyPay Correlation, COIN WeeklyPay Volatility and COIN WeeklyPay Alpha and Beta module to complement your research on COIN WeeklyPay. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
COIN WeeklyPay 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.