Zacks Trust Etf Market Value
| SMIZ Etf | 38.60 0.50 1.31% |
| Symbol | Zacks |
The market value of Zacks Trust is measured differently than its book value, which is the value of Zacks that is recorded on the company's balance sheet. Investors also form their own opinion of Zacks Trust's value that differs from its market value or its book value, called intrinsic value, which is Zacks Trust'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 Zacks Trust's market value can be influenced by many factors that don't directly affect Zacks Trust'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 Zacks Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zacks Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zacks Trust'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.
Zacks Trust '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 Zacks Trust'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 Zacks Trust.
| 09/13/2025 |
| 12/12/2025 |
If you would invest 0.00 in Zacks Trust on September 13, 2025 and sell it all today you would earn a total of 0.00 from holding Zacks Trust or generate 0.0% return on investment in Zacks Trust over 90 days. Zacks Trust is related to or competes with Goldman Sachs, Lattice Strategies, Anfield Equity, Counterpoint Quantitative, LeaderSharesTM AlphaFactor, IShares ESG, and ProShares Ultra. Zacks Trust is entity of United States. It is traded as Etf on NYSE ARCA exchange. More
Zacks Trust 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 Zacks Trust'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 Zacks Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.44 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 1.85 |
Zacks Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zacks Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zacks Trust's standard deviation. In reality, there are many statistical measures that can use Zacks Trust historical prices to predict the future Zacks Trust's volatility.| Risk Adjusted Performance | 0.0251 | |||
| Jensen Alpha | 0.0243 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (1.08) |
Zacks Trust Backtested Returns
At this stage we consider Zacks Etf to be very steady. Zacks Trust shows Sharpe Ratio of 0.054, which attests that the etf had a 0.054 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zacks Trust, which you can use to evaluate the volatility of the etf. Please check out Zacks Trust's Market Risk Adjusted Performance of (1.07), mean deviation of 0.7977, and Downside Deviation of 1.12 to validate if the risk estimate we provide is consistent with the expected return of 0.0585%. The entity maintains a market beta of -0.0206, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Zacks Trust are expected to decrease at a much lower rate. During the bear market, Zacks Trust is likely to outperform the market.
Auto-correlation | 0.20 |
Weak predictability
Zacks Trust has weak predictability. Overlapping area represents the amount of predictability between Zacks Trust time series from 13th of September 2025 to 28th of October 2025 and 28th of October 2025 to 12th 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 Zacks Trust price movement. The serial correlation of 0.2 indicates that over 20.0% of current Zacks Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Zacks Trust lagged returns against current returns
Autocorrelation, which is Zacks Trust 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 Zacks Trust's etf expected returns. We can calculate the autocorrelation of Zacks Trust returns to help us make a trade decision. For example, suppose you find that Zacks Trust 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 |
Zacks Trust 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 Zacks Trust etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zacks Trust etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zacks Trust etf over time.
Current vs Lagged Prices |
| Timeline |
Zacks Trust Lagged Returns
When evaluating Zacks Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zacks Trust etf have on its future price. Zacks Trust 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, Zacks Trust autocorrelation shows the relationship between Zacks Trust etf current value and its past values and can show if there is a momentum factor associated with investing in Zacks Trust.
Regressed Prices |
| Timeline |
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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.| PRNEX | T Rowe Price | |
| RPBAX | T Rowe Price | |
| PRDGX | T Rowe Price |
Check out Zacks Trust Correlation, Zacks Trust Volatility and Zacks Trust Alpha and Beta module to complement your research on Zacks Trust. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Zacks Trust 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.