VETIVA GRIFFIN's market value is the price at which a share of VETIVA GRIFFIN trades on a public exchange. It measures the collective expectations of VETIVA GRIFFIN 30 investors about its performance. VETIVA GRIFFIN is trading at 48.50 as of the 4th of August 2025. This is a 1.02 percent decrease since the beginning of the trading day. The etf's lowest day price was 44.1. With this module, you can estimate the performance of a buy and hold strategy of VETIVA GRIFFIN 30 and determine expected loss or profit from investing in VETIVA GRIFFIN over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Symbol
VETIVA
VETIVA GRIFFIN '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 VETIVA GRIFFIN'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 VETIVA GRIFFIN.
0.00
05/06/2025
No Change 0.00
0.0
In 3 months and 1 day
08/04/2025
0.00
If you would invest 0.00 in VETIVA GRIFFIN on May 6, 2025 and sell it all today you would earn a total of 0.00 from holding VETIVA GRIFFIN 30 or generate 0.0% return on investment in VETIVA GRIFFIN over 90 days.
VETIVA GRIFFIN 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 VETIVA GRIFFIN'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 VETIVA GRIFFIN 30 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for VETIVA GRIFFIN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VETIVA GRIFFIN's standard deviation. In reality, there are many statistical measures that can use VETIVA GRIFFIN historical prices to predict the future VETIVA GRIFFIN's volatility.
VETIVA GRIFFIN appears to be very steady, given 3 months investment horizon. VETIVA GRIFFIN 30 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13 % return per unit of risk over the last 3 months. We have found thirty technical indicators for VETIVA GRIFFIN 30, which you can use to evaluate the volatility of the etf. Please review VETIVA GRIFFIN's Coefficient Of Variation of 794.66, risk adjusted performance of 0.1059, and Semi Deviation of 1.27 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VETIVA GRIFFIN's returns are expected to increase less than the market. However, during the bear market, the loss of holding VETIVA GRIFFIN is expected to be smaller as well.
Auto-correlation
0.46
Average predictability
VETIVA GRIFFIN 30 has average predictability. Overlapping area represents the amount of predictability between VETIVA GRIFFIN time series from 6th of May 2025 to 20th of June 2025 and 20th of June 2025 to 4th of August 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 VETIVA GRIFFIN 30 price movement. The serial correlation of 0.46 indicates that about 46.0% of current VETIVA GRIFFIN price fluctuation can be explain by its past prices.
Correlation Coefficient
0.46
Spearman Rank Test
0.46
Residual Average
0.0
Price Variance
4.46
VETIVA GRIFFIN 30 lagged returns against current returns
Autocorrelation, which is VETIVA GRIFFIN 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 VETIVA GRIFFIN's etf expected returns. We can calculate the autocorrelation of VETIVA GRIFFIN returns to help us make a trade decision. For example, suppose you find that VETIVA GRIFFIN 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
VETIVA GRIFFIN 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 VETIVA GRIFFIN etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VETIVA GRIFFIN etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VETIVA GRIFFIN etf over time.
Current vs Lagged Prices
Timeline
VETIVA GRIFFIN Lagged Returns
When evaluating VETIVA GRIFFIN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VETIVA GRIFFIN etf have on its future price. VETIVA GRIFFIN 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, VETIVA GRIFFIN autocorrelation shows the relationship between VETIVA GRIFFIN etf current value and its past values and can show if there is a momentum factor associated with investing in VETIVA GRIFFIN 30.
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.