Agfiq Market Neutral Etf Profile
| BTAL Etf | USD 19.05 0.17 0.90% |
Performance4 of 100
| Odds Of DistressLess than 9
|
AGFiQ Market is selling for 19.05 as of the 13th of May 2024. This is a 0.90 percent up since the beginning of the trading day. The etf's lowest day price was 18.82. AGFiQ Market has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for AGFiQ Market Neutral are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of February 2024 and ending today, the 13th of May 2024. Click here to learn more.
The fund will invest primarily in long positions in low beta U.S. equities and short positions in high beta U.S. equities on a dollar neutral basis, within sectors. US Anti-Beta is traded on NYSEARCA Exchange in the United States. More on AGFiQ Market Neutral
Moving against AGFiQ Etf
| 0.85 | TECL | Direxion Daily Technology | PairCorr |
| 0.83 | ROM | ProShares Ultra Tech | PairCorr |
| 0.78 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
| 0.7 | JNJ | Johnson Johnson Financial Report 18th of July 2024 | PairCorr |
| 0.69 | QLD | ProShares Ultra QQQ | PairCorr |
| 0.68 | IBM | International Business Financial Report 17th of July 2024 | PairCorr |
| 0.63 | IYW | iShares Technology ETF | PairCorr |
AGFiQ 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. AGFiQ Market's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AGFiQ Market 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 | Strategy ETFs, Long/short ETFs, Equity Market Neutral, AGFiQ (View all Sectors) |
| Issuer | AGF Investments |
| Inception Date | 2011-09-13 |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 295,416.8 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Long/Short |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | J.P. Morgan Chase Bank, N.A. |
| Advisor | AGF Investments LLC |
| Custodian | J.P. Morgan Chase Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | William DeRoche, Philip Lee, Josh Belko |
| Transfer Agent | J.P. Morgan Chase Bank, N.A. |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 631 |
| Market Maker | Virtu Financial |
| Total Expense | 2.06 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 12.39 |
| Name | AGFiQ U.S. Market Neutral Anti-Beta Fund |
| Currency Code | USD |
| Open Figi | BBG0021PGZZ5 |
| In Threey Volatility | 16.13 |
| 1y Volatility | 21.17 |
| 200 Day M A | 19.0079 |
| 50 Day M A | 18.5094 |
| Code | BTAL |
| Updated At | 12th of May 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.27 |
| Type | ETF |
AGFiQ Market Neutral [BTAL] is traded in USA and was established 2011-09-13. The fund is listed under Equity Market Neutral category and is part of AGFiQ family. The entity is thematically classified as Strategy ETFs. AGFiQ Market Neutral currently have 312.33 M in assets under management (AUM). , while the total return for the last 3 years was 6.6%.
Check AGFiQ Market Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on AGFiQ Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding AGFiQ Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as AGFiQ Market Neutral Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top AGFiQ Market Neutral Etf Constituents
| CAG | ConAgra Foods | Stock | Consumer Staples |
| FGEN | FibroGen | Stock | Health Care |
| UA | Under Armour C | Stock | Consumer Discretionary |
| SNAP | Snap Inc | Stock | Communication Services |
| MUSA | Murphy USA | Stock | Consumer Discretionary |
| MDB | MongoDB | Stock | Information Technology |
| HQY | HealthEquity | Stock | Health Care |
AGFiQ Market Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of AGFiQ Market jumping above the current price in 90 days from now is nearly 4.96%. The AGFiQ Market Neutral probability density function shows the probability of AGFiQ Market etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days AGFiQ Market Neutral has a beta of -1.0971 suggesting Additionally, aGFiQ Market Neutral has an alpha of 0.1316, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of AGFiQ Market to move above the current price in 90 days from now is nearly 4.96 (This AGFiQ Market Neutral probability density function shows the probability of AGFiQ Etf to fall within a particular range of prices over 90 days) .
AGFiQ Market Top Holders
| ZZZD | BMO Tactical Dividend | Stock | Energy |
AGFiQ Market Neutral Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. AGFiQ Market market risk premium is the additional return an investor will receive from holding AGFiQ Market 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 AGFiQ Market. 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 AGFiQ Market's alpha and beta are two of the key measurements used to evaluate AGFiQ Market's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0405 | |||
| Jensen Alpha | 0.1316 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.02) |
AGFiQ Market Against Markets
Picking the right benchmark for AGFiQ Market 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 AGFiQ Market 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 AGFiQ Market is critical whether you are bullish or bearish towards AGFiQ Market Neutral at a given time. Please also check how AGFiQ Market'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 AGFiQ Market 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?
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How to buy AGFiQ Etf?
Before investing in AGFiQ Market, 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 AGFiQ Market. To buy AGFiQ Market etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of AGFiQ Market. 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 AGFiQ Market etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located AGFiQ Market Neutral 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 AGFiQ Market Neutral 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 AGFiQ Market Neutral, 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 AGFiQ Etf please use our How to Invest in AGFiQ Market guide.
Already Invested in AGFiQ Market Neutral?
The danger of trading AGFiQ Market Neutral 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 AGFiQ Market 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 AGFiQ Market. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AGFiQ Market Neutral 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 AGFiQ Market Neutral is a strong investment it is important to analyze AGFiQ Market'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 AGFiQ Market's future performance. For an informed investment choice regarding AGFiQ Etf, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGFiQ Market Neutral. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the AGFiQ Market Neutral information on this page should be used as a complementary analysis to other AGFiQ Market's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of AGFiQ Market Neutral is measured differently than its book value, which is the value of AGFiQ that is recorded on the company's balance sheet. Investors also form their own opinion of AGFiQ Market's value that differs from its market value or its book value, called intrinsic value, which is AGFiQ Market'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 AGFiQ Market's market value can be influenced by many factors that don't directly affect AGFiQ Market'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 AGFiQ Market's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGFiQ Market is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGFiQ Market'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.