The Nightview Etf Market Value
| NITE Etf | USD 31.98 0.00 0.00% |
| Symbol | Nightview |
The market value of Nightview ETF is measured differently than its book value, which is the value of Nightview that is recorded on the company's balance sheet. Investors also form their own opinion of Nightview ETF's value that differs from its market value or its book value, called intrinsic value, which is Nightview ETF'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 Nightview ETF's market value can be influenced by many factors that don't directly affect Nightview ETF'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 Nightview ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nightview ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nightview ETF'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.
Nightview 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 Nightview 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 Nightview ETF.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Nightview ETF on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding The Nightview ETF or generate 0.0% return on investment in Nightview ETF over 90 days. Nightview ETF is related to or competes with Amplify ETF, SPDR SSGA, IShares ESG, Xtrackers MSCI, Arrow DWA, IShares Core, and First Trust. Nightstar Therapeutics plc, a clinical-stage gene therapy company, focuses on developing and commercializing novel one-t... More
Nightview 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 Nightview 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 The Nightview ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.169 | |||
| Maximum Drawdown | 8.5 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 3.14 |
Nightview ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nightview ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nightview ETF's standard deviation. In reality, there are many statistical measures that can use Nightview ETF historical prices to predict the future Nightview ETF's volatility.| Risk Adjusted Performance | 0.2473 | |||
| Jensen Alpha | 0.2332 | |||
| Total Risk Alpha | 0.1753 | |||
| Sortino Ratio | 0.1903 | |||
| Treynor Ratio | 0.3247 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nightview ETF's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nightview ETF Backtested Returns
Nightview ETF appears to be very steady, given 3 months investment horizon. Nightview ETF has Sharpe Ratio of 0.31, which conveys that the entity had a 0.31 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nightview ETF, which you can use to evaluate the volatility of the etf. Please exercise Nightview ETF's Market Risk Adjusted Performance of 0.3347, risk adjusted performance of 0.2473, and Downside Deviation of 1.36 to check out if our risk estimates are consistent with your expectations. The etf secures a Beta (Market Risk) of 1.2, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nightview ETF will likely underperform.
Auto-correlation | 0.86 |
Very good predictability
The Nightview ETF has very good predictability. Overlapping area represents the amount of predictability between Nightview ETF time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 Nightview ETF price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Nightview ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
Nightview ETF lagged returns against current returns
Autocorrelation, which is Nightview ETF 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 Nightview ETF's etf expected returns. We can calculate the autocorrelation of Nightview ETF returns to help us make a trade decision. For example, suppose you find that Nightview ETF 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 |
Nightview ETF 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 Nightview ETF etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nightview ETF etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nightview ETF etf over time.
Current vs Lagged Prices |
| Timeline |
Nightview ETF Lagged Returns
When evaluating Nightview ETF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nightview ETF etf have on its future price. Nightview ETF 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, Nightview ETF autocorrelation shows the relationship between Nightview ETF etf current value and its past values and can show if there is a momentum factor associated with investing in The Nightview ETF.
Regressed Prices |
| Timeline |
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 Nightview ETF is a strong investment it is important to analyze Nightview ETF's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nightview ETF's future performance. For an informed investment choice regarding Nightview Etf, refer to the following important reports:Check out Nightview ETF Correlation, Nightview ETF Volatility and Nightview ETF Alpha and Beta module to complement your research on Nightview ETF. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Nightview 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.