Mohr Growth Etf Market Value
| MOHR Etf | USD 21.61 0.07 0.32% |
| Symbol | Mohr |
The market value of Mohr Growth ETF is measured differently than its book value, which is the value of Mohr that is recorded on the company's balance sheet. Investors also form their own opinion of Mohr Growth's value that differs from its market value or its book value, called intrinsic value, which is Mohr Growth'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 Mohr Growth's market value can be influenced by many factors that don't directly affect Mohr Growth'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 Mohr Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mohr Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mohr Growth'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.
Mohr Growth '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 Mohr Growth'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 Mohr Growth.
| 06/26/2024 |
| 09/24/2024 |
If you would invest 0.00 in Mohr Growth on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding Mohr Growth ETF or generate 0.0% return on investment in Mohr Growth over 90 days. Mohr Growth is related to or competes with HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, Via Renewables, and FT Cboe. The fund invests in ETFs that invest in equity securities of any market capitalization that are representative of an ass... More
Mohr Growth 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 Mohr Growth'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 Mohr Growth ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 4.65 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 1.49 |
Mohr Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mohr Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mohr Growth's standard deviation. In reality, there are many statistical measures that can use Mohr Growth historical prices to predict the future Mohr Growth's volatility.| Risk Adjusted Performance | 0.0059 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mohr Growth'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.
Mohr Growth ETF Backtested Returns
Currently, Mohr Growth ETF is very steady. Mohr Growth ETF has Sharpe Ratio of 0.0148, which conveys that the entity had a 0.0148% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mohr Growth, which you can use to evaluate the volatility of the etf. Please verify Mohr Growth's Downside Deviation of 1.38, mean deviation of 0.8436, and Risk Adjusted Performance of 0.0059 to check out if the risk estimate we provide is consistent with the expected return of 0.017%. The etf secures a Beta (Market Risk) of 0.96, which conveys possible diversification benefits within a given portfolio. Mohr Growth returns are very sensitive to returns on the market. As the market goes up or down, Mohr Growth is expected to follow.
Auto-correlation | -0.52 |
Good reverse predictability
Mohr Growth ETF has good reverse predictability. Overlapping area represents the amount of predictability between Mohr Growth time series from 26th of June 2024 to 10th of August 2024 and 10th of August 2024 to 24th of September 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 Mohr Growth ETF price movement. The serial correlation of -0.52 indicates that about 52.0% of current Mohr Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Mohr Growth ETF lagged returns against current returns
Autocorrelation, which is Mohr Growth 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 Mohr Growth's etf expected returns. We can calculate the autocorrelation of Mohr Growth returns to help us make a trade decision. For example, suppose you find that Mohr Growth 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 |
Mohr Growth 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 Mohr Growth etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mohr Growth etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mohr Growth etf over time.
Current vs Lagged Prices |
| Timeline |
Mohr Growth Lagged Returns
When evaluating Mohr Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mohr Growth etf have on its future price. Mohr Growth 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, Mohr Growth autocorrelation shows the relationship between Mohr Growth etf current value and its past values and can show if there is a momentum factor associated with investing in Mohr Growth ETF.
Regressed Prices |
| Timeline |
Pair Trading with Mohr Growth
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 Mohr Growth 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 Mohr Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with Mohr Etf
| 0.92 | VUG | Vanguard Growth Index | PairCorr |
| 0.93 | IWF | iShares Russell 1000 | PairCorr |
| 0.91 | IVW | iShares SP 500 | PairCorr |
| 0.91 | SPYG | SPDR Portfolio SP | PairCorr |
| 0.92 | IUSG | iShares Core SP | PairCorr |
Moving against Mohr Etf
| 0.46 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Mohr Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mohr Growth 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 Mohr Growth - 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 Mohr Growth ETF to buy it.
The correlation of Mohr Growth 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 Mohr Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mohr Growth ETF 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 Mohr Growth 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.Additional Information and Resources on Investing in Mohr Etf
When determining whether Mohr Growth ETF is a strong investment it is important to analyze Mohr Growth'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 Mohr Growth's future performance. For an informed investment choice regarding Mohr Etf, refer to the following important reports:Check out Mohr Growth Correlation, Mohr Growth Volatility and Mohr Growth Alpha and Beta module to complement your research on Mohr Growth. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Mohr Growth 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.