Sarmaya Thematic Etf Market Value
| LENS Etf | USD 28.06 0.31 1.09% |
| Symbol | Sarmaya |
The market value of Sarmaya Thematic ETF is measured differently than its book value, which is the value of Sarmaya that is recorded on the company's balance sheet. Investors also form their own opinion of Sarmaya Thematic's value that differs from its market value or its book value, called intrinsic value, which is Sarmaya Thematic'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 Sarmaya Thematic's market value can be influenced by many factors that don't directly affect Sarmaya Thematic'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 Sarmaya Thematic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sarmaya Thematic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sarmaya Thematic'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.
Sarmaya Thematic '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 Sarmaya Thematic'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 Sarmaya Thematic.
| 06/25/2024 |
| 07/20/2025 |
If you would invest 0.00 in Sarmaya Thematic on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Sarmaya Thematic ETF or generate 0.0% return on investment in Sarmaya Thematic over 390 days. Sarmaya Thematic is related to or competes with MFUT, Ocean Park, Advisors Inner, Formidable ETF, and ProShares Hedge. Presbia PLC, an ophthalmic device company, develops and markets optical lens implants for treating presbyopia More
Sarmaya Thematic 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 Sarmaya Thematic'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 Sarmaya Thematic ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9236 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.65 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.59 |
Sarmaya Thematic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sarmaya Thematic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sarmaya Thematic's standard deviation. In reality, there are many statistical measures that can use Sarmaya Thematic historical prices to predict the future Sarmaya Thematic's volatility.| Risk Adjusted Performance | 0.1213 | |||
| Jensen Alpha | 0.1641 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.30) |
Sarmaya Thematic ETF Backtested Returns
Currently, Sarmaya Thematic ETF is very steady. Sarmaya Thematic ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0958, which indicates the etf had a 0.0958 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Sarmaya Thematic ETF, which you can use to evaluate the volatility of the etf. Please validate Sarmaya Thematic's Semi Deviation of 0.758, risk adjusted performance of 0.1213, and Coefficient Of Variation of 771.8 to confirm if the risk estimate we provide is consistent with the expected return of 0.0917%. The entity has a beta of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sarmaya Thematic are expected to decrease at a much lower rate. During the bear market, Sarmaya Thematic is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Sarmaya Thematic ETF has no correlation between past and present. Overlapping area represents the amount of predictability between Sarmaya Thematic time series from 25th of June 2024 to 6th of January 2025 and 6th of January 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 Sarmaya Thematic ETF price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sarmaya Thematic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sarmaya Thematic ETF lagged returns against current returns
Autocorrelation, which is Sarmaya Thematic 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 Sarmaya Thematic's etf expected returns. We can calculate the autocorrelation of Sarmaya Thematic returns to help us make a trade decision. For example, suppose you find that Sarmaya Thematic 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 |
Sarmaya Thematic 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 Sarmaya Thematic etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sarmaya Thematic etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sarmaya Thematic etf over time.
Current vs Lagged Prices |
| Timeline |
Sarmaya Thematic Lagged Returns
When evaluating Sarmaya Thematic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sarmaya Thematic etf have on its future price. Sarmaya Thematic 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, Sarmaya Thematic autocorrelation shows the relationship between Sarmaya Thematic etf current value and its past values and can show if there is a momentum factor associated with investing in Sarmaya Thematic ETF.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Sarmaya Thematic Correlation, Sarmaya Thematic Volatility and Sarmaya Thematic Alpha and Beta module to complement your research on Sarmaya Thematic. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Sarmaya Thematic 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.