Laffertengler Equity Income Etf Market Value
| TGLR Etf | 35.53 0.20 0.56% |
| Symbol | LAFFERTENGLER |
The market value of LAFFERTENGLER Equity is measured differently than its book value, which is the value of LAFFERTENGLER that is recorded on the company's balance sheet. Investors also form their own opinion of LAFFERTENGLER Equity's value that differs from its market value or its book value, called intrinsic value, which is LAFFERTENGLER Equity'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 LAFFERTENGLER Equity's market value can be influenced by many factors that don't directly affect LAFFERTENGLER Equity'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 LAFFERTENGLER Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if LAFFERTENGLER Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LAFFERTENGLER Equity'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.
LAFFERTENGLER Equity '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 LAFFERTENGLER Equity'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 LAFFERTENGLER Equity.
| 08/12/2025 |
| 11/10/2025 |
If you would invest 0.00 in LAFFERTENGLER Equity on August 12, 2025 and sell it all today you would earn a total of 0.00 from holding LAFFERTENGLER Equity Income or generate 0.0% return on investment in LAFFERTENGLER Equity over 90 days. LAFFERTENGLER Equity is related to or competes with Listed Funds, Sprott Active, Innovator ETFs, AIM ETF, Innovator ETFs, Innovator ETFs, and Pacer Small. More
LAFFERTENGLER Equity 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 LAFFERTENGLER Equity'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 LAFFERTENGLER Equity Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6712 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.85 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 1.03 |
LAFFERTENGLER Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LAFFERTENGLER Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LAFFERTENGLER Equity's standard deviation. In reality, there are many statistical measures that can use LAFFERTENGLER Equity historical prices to predict the future LAFFERTENGLER Equity's volatility.| Risk Adjusted Performance | 0.0866 | |||
| Jensen Alpha | 0.1019 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.72) |
LAFFERTENGLER Equity Backtested Returns
Currently, LAFFERTENGLER Equity Income is very steady. LAFFERTENGLER Equity has Sharpe Ratio of 0.14, which conveys that the etf had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for LAFFERTENGLER Equity, which you can use to evaluate the volatility of the entity. Please verify LAFFERTENGLER Equity's Downside Deviation of 0.6712, mean deviation of 0.5203, and Semi Deviation of 0.5361 to check out if the risk estimate we provide is consistent with the expected return of 0.0997%. The entity secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LAFFERTENGLER Equity are expected to decrease at a much lower rate. During the bear market, LAFFERTENGLER Equity is likely to outperform the market.
Auto-correlation | 0.46 |
Average predictability
LAFFERTENGLER Equity Income has average predictability. Overlapping area represents the amount of predictability between LAFFERTENGLER Equity time series from 12th of August 2025 to 26th of September 2025 and 26th of September 2025 to 10th of November 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 LAFFERTENGLER Equity price movement. The serial correlation of 0.46 indicates that about 46.0% of current LAFFERTENGLER Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
LAFFERTENGLER Equity lagged returns against current returns
Autocorrelation, which is LAFFERTENGLER Equity 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 LAFFERTENGLER Equity's etf expected returns. We can calculate the autocorrelation of LAFFERTENGLER Equity returns to help us make a trade decision. For example, suppose you find that LAFFERTENGLER Equity 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 |
LAFFERTENGLER Equity 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 LAFFERTENGLER Equity etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LAFFERTENGLER Equity etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LAFFERTENGLER Equity etf over time.
Current vs Lagged Prices |
| Timeline |
LAFFERTENGLER Equity Lagged Returns
When evaluating LAFFERTENGLER Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LAFFERTENGLER Equity etf have on its future price. LAFFERTENGLER Equity 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, LAFFERTENGLER Equity autocorrelation shows the relationship between LAFFERTENGLER Equity etf current value and its past values and can show if there is a momentum factor associated with investing in LAFFERTENGLER Equity Income.
Regressed Prices |
| Timeline |
Pair Trading with LAFFERTENGLER Equity
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 LAFFERTENGLER Equity 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 LAFFERTENGLER Equity will appreciate offsetting losses from the drop in the long position's value.Moving together with LAFFERTENGLER Etf
| 0.81 | VTV | Vanguard Value Index | PairCorr |
| 0.93 | VYM | Vanguard High Dividend | PairCorr |
| 0.78 | IWD | iShares Russell 1000 | PairCorr |
| 0.94 | DGRO | iShares Core Dividend | PairCorr |
| 0.89 | IVE | iShares SP 500 | PairCorr |
Moving against LAFFERTENGLER Etf
| 0.63 | NOBL | ProShares SP 500 Low Volatility | PairCorr |
| 0.37 | HD | Home Depot Earnings Call Next Week | PairCorr |
The ability to find closely correlated positions to LAFFERTENGLER Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LAFFERTENGLER Equity 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 LAFFERTENGLER Equity - 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 LAFFERTENGLER Equity Income to buy it.
The correlation of LAFFERTENGLER Equity 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 LAFFERTENGLER Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LAFFERTENGLER Equity 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 LAFFERTENGLER Equity 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.Check out LAFFERTENGLER Equity Correlation, LAFFERTENGLER Equity Volatility and LAFFERTENGLER Equity Alpha and Beta module to complement your research on LAFFERTENGLER Equity. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
LAFFERTENGLER Equity 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.