Trueshares Active Yield Etf Market Value
| ERNZ Etf | 21.43 0.02 0.09% |
| Symbol | TrueShares |
The market value of TrueShares Active Yield is measured differently than its book value, which is the value of TrueShares that is recorded on the company's balance sheet. Investors also form their own opinion of TrueShares Active's value that differs from its market value or its book value, called intrinsic value, which is TrueShares Active'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 TrueShares Active's market value can be influenced by many factors that don't directly affect TrueShares Active'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 TrueShares Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueShares Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueShares Active'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.
TrueShares Active '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 TrueShares Active'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 TrueShares Active.
| 10/25/2025 |
| 01/23/2026 |
If you would invest 0.00 in TrueShares Active on October 25, 2025 and sell it all today you would earn a total of 0.00 from holding TrueShares Active Yield or generate 0.0% return on investment in TrueShares Active over 90 days. TrueShares Active is related to or competes with VictoryShares Multi, Invesco DWA, IShares Oil, WisdomTree Global, 2023 EFT, Freedom Day, and WisdomTree Emerging. More
TrueShares Active 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 TrueShares Active'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 TrueShares Active Yield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5875 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 2.4 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 0.9794 |
TrueShares Active Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TrueShares Active's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TrueShares Active's standard deviation. In reality, there are many statistical measures that can use TrueShares Active historical prices to predict the future TrueShares Active's volatility.| Risk Adjusted Performance | 0.0308 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0372 |
TrueShares Active January 23, 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 | 0.0308 | |||
| Market Risk Adjusted Performance | 0.0472 | |||
| Mean Deviation | 0.4492 | |||
| Semi Deviation | 0.5312 | |||
| Downside Deviation | 0.5875 | |||
| Coefficient Of Variation | 2203.51 | |||
| Standard Deviation | 0.58 | |||
| Variance | 0.3364 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0372 | |||
| Maximum Drawdown | 2.4 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 0.9794 | |||
| Downside Variance | 0.3451 | |||
| Semi Variance | 0.2822 | |||
| Expected Short fall | (0.47) | |||
| Skewness | 0.1583 | |||
| Kurtosis | 0.3966 |
TrueShares Active Yield Backtested Returns
At this stage we consider TrueShares Etf to be very steady. TrueShares Active Yield owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0582, which indicates the etf had a 0.0582 % return per unit of risk over the last 3 months. We have found thirty technical indicators for TrueShares Active Yield, which you can use to evaluate the volatility of the etf. Please validate TrueShares Active's Risk Adjusted Performance of 0.0308, coefficient of variation of 2203.51, and Semi Deviation of 0.5312 to confirm if the risk estimate we provide is consistent with the expected return of 0.0339%. The entity has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TrueShares Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding TrueShares Active is expected to be smaller as well.
Auto-correlation | 0.32 |
Below average predictability
TrueShares Active Yield has below average predictability. Overlapping area represents the amount of predictability between TrueShares Active time series from 25th of October 2025 to 9th of December 2025 and 9th of December 2025 to 23rd 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 TrueShares Active Yield price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current TrueShares Active price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
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 TrueShares Active Yield offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TrueShares Active'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 Trueshares Active Yield Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Trueshares Active Yield Etf:Check out TrueShares Active Correlation, TrueShares Active Volatility and TrueShares Active Alpha and Beta module to complement your research on TrueShares Active. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
TrueShares Active 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.