Yieldmax Dkng Option Etf Market Value
| DRAY Etf | USD 32.40 0.12 0.37% |
| Symbol | YieldMax |
The market value of YieldMax DKNG Option is measured differently than its book value, which is the value of YieldMax that is recorded on the company's balance sheet. Investors also form their own opinion of YieldMax DKNG's value that differs from its market value or its book value, called intrinsic value, which is YieldMax DKNG'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 YieldMax DKNG's market value can be influenced by many factors that don't directly affect YieldMax DKNG'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 YieldMax DKNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax DKNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax DKNG'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.
YieldMax DKNG '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 YieldMax DKNG'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 YieldMax DKNG.
| 09/04/2025 |
| 12/03/2025 |
If you would invest 0.00 in YieldMax DKNG on September 4, 2025 and sell it all today you would earn a total of 0.00 from holding YieldMax DKNG Option or generate 0.0% return on investment in YieldMax DKNG over 90 days. YieldMax DKNG is related to or competes with Freedom Day, Franklin Templeton, IShares MSCI, YieldMax Short, YieldMax DIS, IShares Dividend, and Altrius Global. The company intends to effect a merger or mergers, amalgamation, share exchange, share purchase, asset acquisition, reor... More
YieldMax DKNG 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 YieldMax DKNG'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 YieldMax DKNG Option upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 12.33 | |||
| Value At Risk | (5.68) | |||
| Potential Upside | 2.84 |
YieldMax DKNG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for YieldMax DKNG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YieldMax DKNG's standard deviation. In reality, there are many statistical measures that can use YieldMax DKNG historical prices to predict the future YieldMax DKNG's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.53) |
YieldMax DKNG Option Backtested Returns
YieldMax DKNG Option shows Sharpe Ratio of -0.17, which attests that the etf had a -0.17 % return per unit of risk over the last 3 months. YieldMax DKNG Option exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out YieldMax DKNG's Mean Deviation of 1.89, market risk adjusted performance of (0.52), and Standard Deviation of 2.74 to validate the risk estimate we provide. The entity maintains a market beta of 0.9, which attests to possible diversification benefits within a given portfolio. YieldMax DKNG returns are very sensitive to returns on the market. As the market goes up or down, YieldMax DKNG is expected to follow.
Auto-correlation | 0.22 |
Weak predictability
YieldMax DKNG Option has weak predictability. Overlapping area represents the amount of predictability between YieldMax DKNG time series from 4th of September 2025 to 19th of October 2025 and 19th of October 2025 to 3rd of December 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 YieldMax DKNG Option price movement. The serial correlation of 0.22 indicates that over 22.0% of current YieldMax DKNG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 2.49 |
YieldMax DKNG Option lagged returns against current returns
Autocorrelation, which is YieldMax DKNG 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 YieldMax DKNG's etf expected returns. We can calculate the autocorrelation of YieldMax DKNG returns to help us make a trade decision. For example, suppose you find that YieldMax DKNG 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 |
YieldMax DKNG 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 YieldMax DKNG etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YieldMax DKNG etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YieldMax DKNG etf over time.
Current vs Lagged Prices |
| Timeline |
YieldMax DKNG Lagged Returns
When evaluating YieldMax DKNG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YieldMax DKNG etf have on its future price. YieldMax DKNG 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, YieldMax DKNG autocorrelation shows the relationship between YieldMax DKNG etf current value and its past values and can show if there is a momentum factor associated with investing in YieldMax DKNG Option.
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 YieldMax DKNG Option offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YieldMax DKNG'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 Yieldmax Dkng Option Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Yieldmax Dkng Option Etf:Check out YieldMax DKNG Correlation, YieldMax DKNG Volatility and YieldMax DKNG Alpha and Beta module to complement your research on YieldMax DKNG. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
YieldMax DKNG 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.