Flexshares Credit Scored Long Etf Profile
| LKOR Etf | USD 41.50 0.11 0.26% |
Performance0 of 100
| Odds Of DistressLess than 9
|
FlexShares Credit is selling at 41.50 as of the 18th of April 2024; that is -0.26 percent decrease since the beginning of the trading day. The etf's lowest day price was 41.5. FlexShares Credit has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for FlexShares Credit Scored Long are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of September 2022 and ending today, the 18th of April 2024. Click here to learn more.
The underlying index reflects the performance of a broad universe of longer term maturity, US-dollar denominated investment grade corporate bonds that can potentially deliver a higher total return than the overall investment grade corporate bond market, as represented by the Northern Trust US Investment Grade Long Corporate Bond Index SM . More on FlexShares Credit Scored Long
Moving together with FlexShares Etf
| 0.98 | BLV | Vanguard Long Term | PairCorr |
| 0.92 | BAB | Invesco Taxable Municipal | PairCorr |
| 1.0 | IGLB | iShares 10 Year | PairCorr |
| 1.0 | SPLB | SPDR Barclays Long | PairCorr |
| 0.96 | FFIU | Fieldstone UVA Uncon | PairCorr |
FlexShares 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. FlexShares Credit's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FlexShares Credit 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 | Corporate ETFs, Investment Grade ETFs, Long-Term Bond, Flexshares Trust (View all Sectors) |
| Issuer | Northern Trust |
| Inception Date | 2015-09-23 |
| Benchmark | Northern Trust US Long Corporate Bond Quality Value Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 30.98 Million |
| Average Trading Valume | 1,887.8 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | JPMorgan Chase Bank, N.A. |
| Advisor | Northern Trust Investments, Inc. |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Eric Williams, Chaitanya Mandavakuriti |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 868 |
| Market Maker | Jane Street |
| Total Expense | 0.23 |
| Management Fee | 0.22 |
| Country Name | USA |
| Returns Y T D | (5.62) |
| Name | FlexShares Credit-Scored US Long Corporate Bond Index Fund |
| Currency Code | USD |
| Open Figi | BBG00B2VYK11 |
| In Threey Volatility | 16.34 |
| 1y Volatility | 16.18 |
| 200 Day M A | 42.205 |
| 50 Day M A | 43.1258 |
| Code | LKOR |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
FlexShares Credit Scored Long [LKOR] is traded in USA and was established 2015-09-23. The fund is listed under Long-Term Bond category and is part of Flexshares Trust family. The entity is thematically classified as Corporate ETFs. FlexShares Credit now have 36.39 M in assets. , while the total return for the last 3 years was -6.2%.
Check FlexShares Credit Probability Of Bankruptcy
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 FlexShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FlexShares 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 FlexShares Credit Scored Long 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 FlexShares Credit Scored Long Etf Constituents
| LH | Laboratory of | Stock | Health Care |
| AON | Aon PLC | Stock | Financials |
| JCI | Johnson Controls International | Stock | Industrials |
| HAS | Hasbro Inc | Stock | Consumer Discretionary |
| TCN | Tricon Capital Group | Stock | Real Estate |
| INTC | Intel | Stock | Information Technology |
| CHD | Church Dwight | Stock | Consumer Staples |
FlexShares Credit Target Price Odds Analysis
In regard to a normal probability distribution, the odds of FlexShares Credit jumping above the current price in 90 days from now is close to 99%. The FlexShares Credit Scored Long probability density function shows the probability of FlexShares Credit etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days FlexShares Credit has a beta of 0.5995. This indicates as returns on the market go up, FlexShares Credit average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FlexShares Credit Scored Long will be expected to be much smaller as well. Additionally, flexShares Credit Scored Long has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of FlexShares Credit to move above the current price in 90 days from now is close to 99 (This FlexShares Credit Scored Long probability density function shows the probability of FlexShares Etf to fall within a particular range of prices over 90 days) .
FlexShares Credit Top Holders
| BNDC | FlexShares Core Select | Etf | Intermediate Core Bond |
| BBALX | Northern Global Tactical | Mutual Fund | World Allocation |
FlexShares Credit Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. FlexShares Credit market risk premium is the additional return an investor will receive from holding FlexShares Credit 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 FlexShares Credit. 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 FlexShares Credit's alpha and beta are two of the key measurements used to evaluate FlexShares Credit's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.15) |
FlexShares Credit Against Markets
Picking the right benchmark for FlexShares Credit 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 FlexShares Credit 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 FlexShares Credit is critical whether you are bullish or bearish towards FlexShares Credit Scored Long at a given time. Please also check how FlexShares Credit'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 FlexShares Credit 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 FlexShares Etf?
Before investing in FlexShares Credit, 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 FlexShares Credit. To buy FlexShares Credit etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of FlexShares Credit. 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 FlexShares Credit etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located FlexShares Credit Scored Long 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 FlexShares Credit Scored Long 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 FlexShares Credit Scored Long, 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 FlexShares Etf please use our How to Invest in FlexShares Credit guide.
Already Invested in FlexShares Credit Scored Long?
The danger of trading FlexShares Credit Scored Long 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 FlexShares Credit 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 FlexShares Credit. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FlexShares Credit 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 FlexShares Credit is a strong investment it is important to analyze FlexShares Credit'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 FlexShares Credit's future performance. For an informed investment choice regarding FlexShares Etf, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in FlexShares Credit Scored Long. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of FlexShares Credit is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Credit's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Credit'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 FlexShares Credit's market value can be influenced by many factors that don't directly affect FlexShares Credit'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 FlexShares Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Credit'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.