Yieldmax Mrna Option Etf Profile
| MRNY Etf | 22.06 0.40 1.85% |
Performance18 of 100
| Odds Of DistressLess than 9
|
YieldMax MRNA is trading at 22.06 as of the 26th of May 2024; that is 1.85 percent increase since the beginning of the trading day. The etf's open price was 21.66. YieldMax MRNA has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for YieldMax MRNA Option are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of April 2024 and ending today, the 26th of May 2024. Click here to learn more.
YieldMax MRNA is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on YieldMax MRNA Option
Moving together with YieldMax Etf
| 0.65 | XYLD | Global X SP | PairCorr |
| 0.7 | DIVO | Amplify CWP Enhanced | PairCorr |
| 0.64 | NUSI | Nationwide Nasdaq 100 | PairCorr |
Moving against YieldMax Etf
| 0.52 | WTID | UBS ETRACS | PairCorr |
YieldMax Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. YieldMax MRNA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding YieldMax MRNA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Single Stock ETFs, Strategy ETFs, Derivative Income (View all Sectors) |
| Issuer | Elevate Shares |
| Inception Date | 2023-10-23 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 30.62 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Single Stock |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Tidal ETF Services LLC |
| Advisor | Toroso Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Mick Brokaw, Jay Pestrichelli, Qiao Duan, Charles Ragauss |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 8.0 |
| Market Maker | Citadel |
| Total Expense | 0.99 |
| Management Fee | 0.99 |
| 200 Day M A | 20.3279 |
| Country Name | USA |
| 50 Day M A | 20.4526 |
| Code | MRNY |
| Updated At | 25th of May 2024 |
| Returns Y T D | 24.07 |
| Name | YieldMax MRNA Option Income Strategy ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01JHDXZ06 |
| Type | ETF |
YieldMax MRNA Option [MRNY] is traded in USA and was established null. The fund is listed under Derivative Income. The entity is thematically classified as Single Stock ETFs. YieldMax MRNA Option now have in assets. with the current yeild of 0.14%.
Check YieldMax MRNA Probability Of Bankruptcy
YieldMax MRNA Option Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. YieldMax MRNA market risk premium is the additional return an investor will receive from holding YieldMax MRNA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in YieldMax MRNA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although YieldMax MRNA's alpha and beta are two of the key measurements used to evaluate YieldMax MRNA's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1266 | |||
| Jensen Alpha | 0.3289 | |||
| Total Risk Alpha | 0.2362 | |||
| Sortino Ratio | 0.1623 |
YieldMax MRNA Against Markets
Picking the right benchmark for YieldMax MRNA etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in YieldMax MRNA etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for YieldMax MRNA is critical whether you are bullish or bearish towards YieldMax MRNA Option at a given time. Please also check how YieldMax MRNA's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in YieldMax MRNA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Idea Analyzer Now
Idea AnalyzerAnalyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
| All Next | Launch Module |
How to buy YieldMax Etf?
Before investing in YieldMax MRNA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in YieldMax MRNA. To buy YieldMax MRNA etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of YieldMax MRNA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase YieldMax MRNA etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located YieldMax MRNA Option etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased YieldMax MRNA Option etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as YieldMax MRNA Option, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy YieldMax Etf please use our How to Invest in YieldMax MRNA guide.
Already Invested in YieldMax MRNA Option?
The danger of trading YieldMax MRNA Option is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of YieldMax MRNA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than YieldMax MRNA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile YieldMax MRNA Option is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether YieldMax MRNA 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 MRNA'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 Mrna Option Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Yieldmax Mrna Option Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in YieldMax MRNA Option. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of YieldMax MRNA 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 MRNA's value that differs from its market value or its book value, called intrinsic value, which is YieldMax MRNA'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 MRNA's market value can be influenced by many factors that don't directly affect YieldMax MRNA'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 MRNA's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax MRNA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax MRNA'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.