Accelerate Absolute Return Etf Market Value
| HDGE Etf | CAD 25.91 0.07 0.27% |
| Symbol | Accelerate |
Accelerate Absolute '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 Accelerate Absolute'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 Accelerate Absolute.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Accelerate Absolute on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Accelerate Absolute Return or generate 0.0% return on investment in Accelerate Absolute over 90 days. Accelerate Absolute is related to or competes with Accelerate Arbitrage, Accelerate OneChoice, NBI High, NBI Unconstrained, Mackenzie Developed, and BMO Short. ACCELERATE ABSOLUTE is traded on Toronto Stock Exchange in Canada. More
Accelerate Absolute 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 Accelerate Absolute'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 Accelerate Absolute Return upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8243 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 3.48 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.2 |
Accelerate Absolute Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Accelerate Absolute's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Accelerate Absolute's standard deviation. In reality, there are many statistical measures that can use Accelerate Absolute historical prices to predict the future Accelerate Absolute's volatility.| Risk Adjusted Performance | 0.0382 | |||
| Jensen Alpha | 0.0178 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.5791 |
Accelerate Absolute Backtested Returns
As of now, Accelerate Etf is very steady. Accelerate Absolute secures Sharpe Ratio (or Efficiency) of 0.0207, which signifies that the etf had a 0.0207 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Accelerate Absolute Return, which you can use to evaluate the volatility of the entity. Please confirm Accelerate Absolute's risk adjusted performance of 0.0382, and Mean Deviation of 0.5915 to double-check if the risk estimate we provide is consistent with the expected return of 0.0155%. The etf shows a Beta (market volatility) of 0.0397, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Accelerate Absolute's returns are expected to increase less than the market. However, during the bear market, the loss of holding Accelerate Absolute is expected to be smaller as well.
Auto-correlation | -0.61 |
Very good reverse predictability
Accelerate Absolute Return has very good reverse predictability. Overlapping area represents the amount of predictability between Accelerate Absolute time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Accelerate Absolute price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Accelerate Absolute price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Accelerate Absolute lagged returns against current returns
Autocorrelation, which is Accelerate Absolute 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 Accelerate Absolute's etf expected returns. We can calculate the autocorrelation of Accelerate Absolute returns to help us make a trade decision. For example, suppose you find that Accelerate Absolute 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 |
Accelerate Absolute 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 Accelerate Absolute etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Accelerate Absolute etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Accelerate Absolute etf over time.
Current vs Lagged Prices |
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Accelerate Absolute Lagged Returns
When evaluating Accelerate Absolute's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Accelerate Absolute etf have on its future price. Accelerate Absolute 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, Accelerate Absolute autocorrelation shows the relationship between Accelerate Absolute etf current value and its past values and can show if there is a momentum factor associated with investing in Accelerate Absolute Return.
Regressed Prices |
| Timeline |
Pair Trading with Accelerate Absolute
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 Accelerate Absolute 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 Accelerate Absolute will appreciate offsetting losses from the drop in the long position's value.Moving together with Accelerate Etf
The ability to find closely correlated positions to Accelerate Absolute could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accelerate Absolute 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 Accelerate Absolute - 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 Accelerate Absolute Return to buy it.
The correlation of Accelerate Absolute 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 Accelerate Absolute moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accelerate Absolute 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 Accelerate Absolute 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 Accelerate Etf
Accelerate Absolute financial ratios help investors to determine whether Accelerate 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 Accelerate with respect to the benefits of owning Accelerate Absolute security.