The 2023 Etf Market Value
| QLTY Etf | 39.37 0.04 0.10% |
| Symbol | 2023 |
The market value of 2023 ETF is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 ETF'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 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 ETF'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 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 ETF'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.
2023 ETF '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 2023 ETF'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 2023 ETF.
| 10/27/2025 |
| 01/25/2026 |
If you would invest 0.00 in 2023 ETF on October 27, 2025 and sell it all today you would earn a total of 0.00 from holding The 2023 ETF or generate 0.0% return on investment in 2023 ETF over 90 days. 2023 ETF is related to or competes with SPDR Kensho, ARK Next, IShares Core, Pacer Large, Fidelity MSCI, Invesco FTSE, and Fidelity Enhanced. Quality Distribution, Inc., through with its subsidiaries, transports bulk chemicals in North America. More
2023 ETF 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 2023 ETF'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 The 2023 ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7614 | |||
| Information Ratio | 0.0207 | |||
| Maximum Drawdown | 3.43 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.44 |
2023 ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 2023 ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 2023 ETF's standard deviation. In reality, there are many statistical measures that can use 2023 ETF historical prices to predict the future 2023 ETF's volatility.| Risk Adjusted Performance | 0.0907 | |||
| Jensen Alpha | 0.0225 | |||
| Total Risk Alpha | 0.0128 | |||
| Sortino Ratio | 0.0207 | |||
| Treynor Ratio | 0.0933 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 2023 ETF'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.
2023 ETF January 25, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0907 | |||
| Market Risk Adjusted Performance | 0.1033 | |||
| Mean Deviation | 0.6051 | |||
| Semi Deviation | 0.6266 | |||
| Downside Deviation | 0.7614 | |||
| Coefficient Of Variation | 811.14 | |||
| Standard Deviation | 0.7634 | |||
| Variance | 0.5828 | |||
| Information Ratio | 0.0207 | |||
| Jensen Alpha | 0.0225 | |||
| Total Risk Alpha | 0.0128 | |||
| Sortino Ratio | 0.0207 | |||
| Treynor Ratio | 0.0933 | |||
| Maximum Drawdown | 3.43 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.44 | |||
| Downside Variance | 0.5798 | |||
| Semi Variance | 0.3926 | |||
| Expected Short fall | (0.63) | |||
| Skewness | 0.0085 | |||
| Kurtosis | (0.23) |
2023 ETF Backtested Returns
At this stage we consider 2023 Etf to be very steady. 2023 ETF secures Sharpe Ratio (or Efficiency) of 0.0855, which signifies that the etf had a 0.0855 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for The 2023 ETF, which you can use to evaluate the volatility of the entity. Please confirm 2023 ETF's risk adjusted performance of 0.0907, and Semi Deviation of 0.6266 to double-check if the risk estimate we provide is consistent with the expected return of 0.0656%. The etf shows a Beta (market volatility) of 0.9, which signifies possible diversification benefits within a given portfolio. 2023 ETF returns are very sensitive to returns on the market. As the market goes up or down, 2023 ETF is expected to follow.
Auto-correlation | 0.15 |
Insignificant predictability
The 2023 ETF has insignificant predictability. Overlapping area represents the amount of predictability between 2023 ETF time series from 27th of October 2025 to 11th of December 2025 and 11th of December 2025 to 25th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of 2023 ETF price movement. The serial correlation of 0.15 indicates that less than 15.0% of current 2023 ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
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 2023 ETF is a strong investment it is important to analyze 2023 ETF'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 2023 ETF's future performance. For an informed investment choice regarding 2023 Etf, refer to the following important reports:Check out 2023 ETF Correlation, 2023 ETF Volatility and 2023 ETF Alpha and Beta module to complement your research on 2023 ETF. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
2023 ETF 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.