Formidable Etf Market Value
| FORH Etf | USD 25.33 0.04 0.16% |
| Symbol | Formidable |
Understanding Formidable ETF requires distinguishing between market price and book value, where the latter reflects Formidable's accounting equity. The concept of intrinsic value—what Formidable ETF's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Formidable ETF's price substantially above or below its fundamental value.
Please note, there is a significant difference between Formidable ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Formidable ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Formidable ETF's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
Formidable ETF '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 Formidable ETF'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 Formidable ETF.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Formidable ETF on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Formidable ETF or generate 0.0% return on investment in Formidable ETF over 90 days. Formidable ETF is related to or competes with Formidable Fortress, Clockwise Core, Alpha Architect, American Century, Sprott Junior, IShares MSCI, and PGIM ETF. Under normal market conditions, the fund seeks to meet its investment objective by investing primarily in equity securit... More
Formidable ETF 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 Formidable ETF'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 Formidable ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9344 | |||
| Information Ratio | 0.0136 | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.39 |
Formidable ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formidable ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Formidable ETF's standard deviation. In reality, there are many statistical measures that can use Formidable ETF historical prices to predict the future Formidable ETF's volatility.| Risk Adjusted Performance | 0.0628 | |||
| Jensen Alpha | 0.0223 | |||
| Total Risk Alpha | 0.0018 | |||
| Sortino Ratio | 0.0127 | |||
| Treynor Ratio | 0.0793 |
Formidable ETF January 29, 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 | 0.0628 | |||
| Market Risk Adjusted Performance | 0.0893 | |||
| Mean Deviation | 0.6725 | |||
| Semi Deviation | 0.779 | |||
| Downside Deviation | 0.9344 | |||
| Coefficient Of Variation | 1185.99 | |||
| Standard Deviation | 0.8673 | |||
| Variance | 0.7523 | |||
| Information Ratio | 0.0136 | |||
| Jensen Alpha | 0.0223 | |||
| Total Risk Alpha | 0.0018 | |||
| Sortino Ratio | 0.0127 | |||
| Treynor Ratio | 0.0793 | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.39 | |||
| Downside Variance | 0.8731 | |||
| Semi Variance | 0.6068 | |||
| Expected Short fall | (0.75) | |||
| Skewness | (0.41) | |||
| Kurtosis | 0.466 |
Formidable ETF Backtested Returns
Formidable ETF is very steady at the moment. Formidable ETF secures Sharpe Ratio (or Efficiency) of 0.0843, which denotes the etf had a 0.0843 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Formidable ETF, which you can use to evaluate the volatility of the entity. Please confirm Formidable ETF's Downside Deviation of 0.9344, mean deviation of 0.6725, and Coefficient Of Variation of 1185.99 to check if the risk estimate we provide is consistent with the expected return of 0.0731%. The etf shows a Beta (market volatility) of 0.8, which means possible diversification benefits within a given portfolio. As returns on the market increase, Formidable ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Formidable ETF is expected to be smaller as well.
Auto-correlation | 0.71 |
Good predictability
Formidable ETF has good predictability. Overlapping area represents the amount of predictability between Formidable ETF time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th 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 Formidable ETF price movement. The serial correlation of 0.71 indicates that around 71.0% of current Formidable ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Currently Active Assets on Macroaxis
When determining whether Formidable ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Formidable ETF'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 Formidable Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Formidable Etf:Check out Formidable ETF Correlation, Formidable ETF Volatility and Formidable ETF Performance module to complement your research on Formidable ETF. For more detail on how to invest in Formidable Etf please use our How to Invest in Formidable ETF guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Formidable ETF 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.