2x Corn Etf Market Value
| CORX Etf | USD 12.17 0.13 1.06% |
| Symbol | CORX |
The market value of 2x Corn ETF is measured differently than its book value, which is the value of CORX that is recorded on the company's balance sheet. Investors also form their own opinion of 2x Corn's value that differs from its market value or its book value, called intrinsic value, which is 2x Corn'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 2x Corn's market value can be influenced by many factors that don't directly affect 2x Corn'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 2x Corn's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2x Corn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2x Corn'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.
2x Corn '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 2x Corn'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 2x Corn.
| 04/29/2025 |
| 07/28/2025 |
If you would invest 0.00 in 2x Corn on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding 2x Corn ETF or generate 0.0% return on investment in 2x Corn over 90 days. 2x Corn is related to or competes with Teucrium Wheat, Invesco DB, Invesco Agriculture, Teucrium Soybean, Teucrium Agricultural, Listed Funds, and Teucrium Sugar. Core Lithium Corp., an exploration stage mining company, engages in the identification, acquisition, exploration, mining... More
2x Corn 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 2x Corn'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 2x Corn ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 14.3 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 3.12 |
2x Corn Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 2x Corn's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 2x Corn's standard deviation. In reality, there are many statistical measures that can use 2x Corn historical prices to predict the future 2x Corn's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (1.11) | |||
| Treynor Ratio | 2.87 |
2x Corn ETF Backtested Returns
2x Corn ETF retains Efficiency (Sharpe Ratio) of -0.17, which signifies that the etf had a -0.17 % return per unit of price deviation over the last 3 months. 2x Corn exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 2x Corn's Market Risk Adjusted Performance of 2.88, information ratio of (0.28), and Variance of 6.04 to double-check the risk estimate we provide. The etf owns a Beta (Systematic Risk) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 2x Corn are expected to decrease at a much lower rate. During the bear market, 2x Corn is likely to outperform the market.
Auto-correlation | 0.53 |
Modest predictability
2x Corn ETF has modest predictability. Overlapping area represents the amount of predictability between 2x Corn time series from 29th of April 2025 to 13th of June 2025 and 13th of June 2025 to 28th 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 2x Corn ETF price movement. The serial correlation of 0.53 indicates that about 53.0% of current 2x Corn price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
2x Corn ETF lagged returns against current returns
Autocorrelation, which is 2x Corn 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 2x Corn's etf expected returns. We can calculate the autocorrelation of 2x Corn returns to help us make a trade decision. For example, suppose you find that 2x Corn 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 |
2x Corn 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 2x Corn etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 2x Corn etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 2x Corn etf over time.
Current vs Lagged Prices |
| Timeline |
2x Corn Lagged Returns
When evaluating 2x Corn's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 2x Corn etf have on its future price. 2x Corn 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, 2x Corn autocorrelation shows the relationship between 2x Corn etf current value and its past values and can show if there is a momentum factor associated with investing in 2x Corn 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 2x Corn ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 2x Corn's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 2x Corn Etf. Outlined below are crucial reports that will aid in making a well-informed decision on 2x Corn Etf:Check out 2x Corn Correlation, 2x Corn Volatility and 2x Corn Alpha and Beta module to complement your research on 2x Corn. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
2x Corn 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.