Wbi Bullbear Value Etf Market Value

WBIF Etf  USD 30.65  0.18  0.59%   
WBI BullBear's market value is the price at which a share of WBI BullBear trades on a public exchange. It measures the collective expectations of WBI BullBear Value investors about its performance. WBI BullBear is trading at 30.65 as of the 29th of March 2024. This is a 0.59% increase since the beginning of the trading day. The etf's lowest day price was 30.5.
With this module, you can estimate the performance of a buy and hold strategy of WBI BullBear Value and determine expected loss or profit from investing in WBI BullBear over a given investment horizon. Check out WBI BullBear Correlation, WBI BullBear Volatility and WBI BullBear Alpha and Beta module to complement your research on WBI BullBear.
Symbol

The market value of WBI BullBear Value is measured differently than its book value, which is the value of WBI that is recorded on the company's balance sheet. Investors also form their own opinion of WBI BullBear's value that differs from its market value or its book value, called intrinsic value, which is WBI BullBear'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 WBI BullBear's market value can be influenced by many factors that don't directly affect WBI BullBear'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 WBI BullBear's value and its price as these two are different measures arrived at by different means. Investors typically determine if WBI BullBear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WBI BullBear'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.

WBI BullBear '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 WBI BullBear'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 WBI BullBear.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in WBI BullBear on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding WBI BullBear Value or generate 0.0% return on investment in WBI BullBear over 720 days. WBI BullBear is related to or competes with American Express. The fund will seek to invest in the equity securities of small-capitalization, mid-capitalization, and large capitalizat... More

WBI BullBear 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 WBI BullBear'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 WBI BullBear Value upside and downside potential and time the market with a certain degree of confidence.

WBI BullBear Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for WBI BullBear's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WBI BullBear's standard deviation. In reality, there are many statistical measures that can use WBI BullBear historical prices to predict the future WBI BullBear's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WBI BullBear'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.
Hype
Prediction
LowEstimatedHigh
30.0730.6131.15
Details
Intrinsic
Valuation
LowRealHigh
27.5932.3032.84
Details
Naive
Forecast
LowNextHigh
30.0030.5431.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.9829.8430.71
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as WBI BullBear. Your research has to be compared to or analyzed against WBI BullBear's peers to derive any actionable benefits. When done correctly, WBI BullBear's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in WBI BullBear Value.

WBI BullBear Value Backtested Returns

We consider WBI BullBear very steady. WBI BullBear Value shows Sharpe Ratio of 0.32, which attests that the etf had a 0.32% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for WBI BullBear Value, which you can use to evaluate the volatility of the entity. Please check out WBI BullBear's Risk Adjusted Performance of 0.1676, mean deviation of 0.4127, and Downside Deviation of 0.559 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. The entity maintains a market beta of 0.79, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, WBI BullBear's returns are expected to increase less than the market. However, during the bear market, the loss of holding WBI BullBear is expected to be smaller as well.

Auto-correlation

    
  -0.64  

Very good reverse predictability

WBI BullBear Value has very good reverse predictability. Overlapping area represents the amount of predictability between WBI BullBear time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of WBI BullBear Value price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current WBI BullBear price fluctuation can be explain by its past prices.
Correlation Coefficient-0.64
Spearman Rank Test-0.41
Residual Average0.0
Price Variance1.5

WBI BullBear Value lagged returns against current returns

Autocorrelation, which is WBI BullBear 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 WBI BullBear's etf expected returns. We can calculate the autocorrelation of WBI BullBear returns to help us make a trade decision. For example, suppose you find that WBI BullBear 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  

WBI BullBear 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 WBI BullBear etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WBI BullBear etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WBI BullBear etf over time.
   Current vs Lagged Prices   
       Timeline  

WBI BullBear Lagged Returns

When evaluating WBI BullBear's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WBI BullBear etf have on its future price. WBI BullBear 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, WBI BullBear autocorrelation shows the relationship between WBI BullBear etf current value and its past values and can show if there is a momentum factor associated with investing in WBI BullBear Value.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WBI BullBear in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WBI BullBear's short interest history, or implied volatility extrapolated from WBI BullBear options trading.

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 WBI BullBear Value is a strong investment it is important to analyze WBI BullBear'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 WBI BullBear's future performance. For an informed investment choice regarding WBI Etf, refer to the following important reports:
Check out WBI BullBear Correlation, WBI BullBear Volatility and WBI BullBear Alpha and Beta module to complement your research on WBI BullBear.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running WBI BullBear's price analysis, check to measure WBI BullBear's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WBI BullBear is operating at the current time. Most of WBI BullBear's value examination focuses on studying past and present price action to predict the probability of WBI BullBear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WBI BullBear's price. Additionally, you may evaluate how the addition of WBI BullBear to your portfolios can decrease your overall portfolio volatility.
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WBI BullBear 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.
A focus of WBI BullBear technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WBI BullBear trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...