Hashdex Nasdaq Crypto Etf Market Value
| NCIQ Etf | 30.97 0.08 0.26% |
| Symbol | Hashdex |
The market value of Hashdex Nasdaq Crypto is measured differently than its book value, which is the value of Hashdex that is recorded on the company's balance sheet. Investors also form their own opinion of Hashdex Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Hashdex Nasdaq'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 Hashdex Nasdaq's market value can be influenced by many factors that don't directly affect Hashdex Nasdaq'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 Hashdex Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hashdex Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hashdex Nasdaq'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.
Hashdex Nasdaq '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 Hashdex Nasdaq'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 Hashdex Nasdaq.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Hashdex Nasdaq on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Hashdex Nasdaq Crypto or generate 0.0% return on investment in Hashdex Nasdaq over 90 days. Hashdex Nasdaq is related to or competes with ProShares Trust, IShares Ethereum, Grayscale Ethereum, Volatility Shares, and VanEck Ethereum. Hashdex Nasdaq is entity of United States More
Hashdex Nasdaq 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 Hashdex Nasdaq'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 Hashdex Nasdaq Crypto upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.72 | |||
| Information Ratio | 0.2201 | |||
| Maximum Drawdown | 10.28 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 4.58 |
Hashdex Nasdaq Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hashdex Nasdaq's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hashdex Nasdaq's standard deviation. In reality, there are many statistical measures that can use Hashdex Nasdaq historical prices to predict the future Hashdex Nasdaq's volatility.| Risk Adjusted Performance | 0.2742 | |||
| Jensen Alpha | 0.5478 | |||
| Total Risk Alpha | 0.2951 | |||
| Sortino Ratio | 0.275 | |||
| Treynor Ratio | 1.38 |
Hashdex Nasdaq Crypto Backtested Returns
Hashdex Nasdaq appears to be very steady, given 3 months investment horizon. Hashdex Nasdaq Crypto holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hashdex Nasdaq Crypto, which you can use to evaluate the volatility of the entity. Please utilize Hashdex Nasdaq's Risk Adjusted Performance of 0.2742, downside deviation of 1.72, and Market Risk Adjusted Performance of 1.39 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of 0.44, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hashdex Nasdaq's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hashdex Nasdaq is expected to be smaller as well.
Auto-correlation | 0.63 |
Good predictability
Hashdex Nasdaq Crypto has good predictability. Overlapping area represents the amount of predictability between Hashdex Nasdaq time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Hashdex Nasdaq Crypto price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Hashdex Nasdaq price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 2.47 |
Hashdex Nasdaq Crypto lagged returns against current returns
Autocorrelation, which is Hashdex Nasdaq 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 Hashdex Nasdaq's etf expected returns. We can calculate the autocorrelation of Hashdex Nasdaq returns to help us make a trade decision. For example, suppose you find that Hashdex Nasdaq 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 |
Hashdex Nasdaq 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 Hashdex Nasdaq etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hashdex Nasdaq etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hashdex Nasdaq etf over time.
Current vs Lagged Prices |
| Timeline |
Hashdex Nasdaq Lagged Returns
When evaluating Hashdex Nasdaq's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hashdex Nasdaq etf have on its future price. Hashdex Nasdaq 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, Hashdex Nasdaq autocorrelation shows the relationship between Hashdex Nasdaq etf current value and its past values and can show if there is a momentum factor associated with investing in Hashdex Nasdaq Crypto.
Regressed Prices |
| Timeline |
Pair Trading with Hashdex Nasdaq
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 Hashdex Nasdaq 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 Hashdex Nasdaq will appreciate offsetting losses from the drop in the long position's value.Moving together with Hashdex Etf
| 1.0 | GBTC | Grayscale Bitcoin Trust | PairCorr |
| 1.0 | BITO | ProShares Bitcoin | PairCorr |
| 0.93 | BLOK | Amplify Transformational | PairCorr |
| 0.93 | BLCN | Siren Nasdaq NexGen | PairCorr |
| 0.9 | LEGR | First Trust Indxx | PairCorr |
The ability to find closely correlated positions to Hashdex Nasdaq could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hashdex Nasdaq 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 Hashdex Nasdaq - 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 Hashdex Nasdaq Crypto to buy it.
The correlation of Hashdex Nasdaq 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 Hashdex Nasdaq moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hashdex Nasdaq Crypto 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 Hashdex Nasdaq 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.Check out Hashdex Nasdaq Correlation, Hashdex Nasdaq Volatility and Hashdex Nasdaq Alpha and Beta module to complement your research on Hashdex Nasdaq. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Hashdex Nasdaq 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.