Performance Trust Short Etf Market Value
| STBF Etf | 25.19 0.01 0.04% |
| Symbol | Performance |
The market value of Performance Trust Short is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Trust's value that differs from its market value or its book value, called intrinsic value, which is Performance Trust'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 Performance Trust's market value can be influenced by many factors that don't directly affect Performance Trust'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 Performance Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Trust'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.
Performance Trust '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 Performance Trust'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 Performance Trust.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Performance Trust on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Performance Trust Short or generate 0.0% return on investment in Performance Trust over 90 days. Performance Trust is related to or competes with Valued Advisers, Columbia Diversified, Principal Exchange, Doubleline Etf, Virtus Newfleet, Vident Core, and PIMCO Enhanced. Performance Trust is entity of United States More
Performance Trust 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 Performance Trust'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 Performance Trust Short upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0891 | |||
| Information Ratio | (1.18) | |||
| Maximum Drawdown | 0.4823 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.162 |
Performance Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Performance Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Performance Trust's standard deviation. In reality, there are many statistical measures that can use Performance Trust historical prices to predict the future Performance Trust's volatility.| Risk Adjusted Performance | 0.2043 | |||
| Jensen Alpha | 0.0188 | |||
| Total Risk Alpha | 0.0061 | |||
| Sortino Ratio | (1.30) | |||
| Treynor Ratio | 1.75 |
Performance Trust Short Backtested Returns
At this point, Performance Trust is very steady. Performance Trust Short maintains Sharpe Ratio (i.e., Efficiency) of 0.3, which implies the entity had a 0.3 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Performance Trust Short, which you can use to evaluate the volatility of the etf. Please check Performance Trust's Downside Deviation of 0.0891, risk adjusted performance of 0.2043, and Standard Deviation of 0.098 to confirm if the risk estimate we provide is consistent with the expected return of 0.0286%. The etf holds a Beta of 0.0117, which implies not very significant fluctuations relative to the market. As returns on the market increase, Performance Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding Performance Trust is expected to be smaller as well.
Auto-correlation | 0.40 |
Average predictability
Performance Trust Short has average predictability. Overlapping area represents the amount of predictability between Performance Trust 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 Performance Trust Short price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Performance Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Performance Trust Short lagged returns against current returns
Autocorrelation, which is Performance Trust 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 Performance Trust's etf expected returns. We can calculate the autocorrelation of Performance Trust returns to help us make a trade decision. For example, suppose you find that Performance Trust 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 |
Performance Trust 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 Performance Trust etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Performance Trust etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Performance Trust etf over time.
Current vs Lagged Prices |
| Timeline |
Performance Trust Lagged Returns
When evaluating Performance Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Performance Trust etf have on its future price. Performance Trust 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, Performance Trust autocorrelation shows the relationship between Performance Trust etf current value and its past values and can show if there is a momentum factor associated with investing in Performance Trust Short.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Performance Trust Short is a strong investment it is important to analyze Performance Trust'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 Performance Trust's future performance. For an informed investment choice regarding Performance Etf, refer to the following important reports:Check out Performance Trust Correlation, Performance Trust Volatility and Performance Trust Alpha and Beta module to complement your research on Performance Trust. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Performance Trust 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.