Trueshares Technology Ai Etf Profile

LRNZ Etf  USD 39.09  0.06  0.15%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
TrueShares Technology is trading at 39.09 as of the 29th of March 2024; that is 0.15 percent up since the beginning of the trading day. The etf's open price was 39.03. TrueShares Technology 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 TrueShares Technology AI are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of its net assets in the common stock of technology, artificial intelligence and deep learning companies. Truemark Technology is traded on NYSEARCA Exchange in the United States. More on TrueShares Technology AI

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TrueShares 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. TrueShares Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TrueShares Technology 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 ConcentrationStrategy ETFs, Theme ETFs, Technology, TrueShares (View all Sectors)
IssuerTrueMark Investments
Inception Date2020-02-28
Entity TypeRegulated Investment Company
Asset Under Management42.56 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorTrueMark Investments, LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerSangbum Kim, Jordan C. Waldrep
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents23.0
Market MakerLatour Trading
Total Expense0.68
Management Fee0.68
Country NameUSA
Returns Y T D2.38
NameTrueShares Technology AI and Deep Learning ETF
Currency CodeUSD
Open FigiBBG00RYP4BL5
In Threey Volatility34.02
1y Volatility36.63
200 Day M A33.7645
50 Day M A39.245
CodeLRNZ
Updated At28th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.06)
TypeETF
TrueShares Technology AI [LRNZ] is traded in USA and was established 2020-02-28. The fund is listed under Technology category and is part of TrueShares family. The entity is thematically classified as Strategy ETFs. TrueShares Technology now have 17.8 M in assets. , while the total return for the last 3 years was 0.1%.
Check TrueShares Technology Probability Of Bankruptcy

Geographic Allocation (%)

Top TrueShares Technology AI Etf Constituents

NVDANVIDIAStockInformation Technology
ZSZscalerStockInformation Technology
VRNSVaronis SystemsStockInformation Technology
UUnity SoftwareStockInformation Technology
TWLOTwilio IncStockInformation Technology
SNOWSnowflakeStockInformation Technology
SDGRSchrodingerStockHealth Care
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TrueShares Technology Target Price Odds Analysis

Based on a normal probability distribution, the odds of TrueShares Technology jumping above the current price in 90 days from now is about 43.71%. The TrueShares Technology AI probability density function shows the probability of TrueShares Technology etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days TrueShares Technology has a beta of 0.3189. This indicates as returns on the market go up, TrueShares Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TrueShares Technology AI will be expected to be much smaller as well. Additionally, trueShares Technology AI has an alpha of 0.0614, implying that it can generate a 0.0614 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 39.09HorizonTargetOdds Above 39.09
55.97%90 days
 39.09 
43.71%
Based on a normal probability distribution, the odds of TrueShares Technology to move above the current price in 90 days from now is about 43.71 (This TrueShares Technology AI probability density function shows the probability of TrueShares Etf to fall within a particular range of prices over 90 days) .

TrueShares Technology Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. TrueShares Technology market risk premium is the additional return an investor will receive from holding TrueShares Technology 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 TrueShares Technology. 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 TrueShares Technology's alpha and beta are two of the key measurements used to evaluate TrueShares Technology's performance over the market, the standard measures of volatility play an important role as well.

TrueShares Technology Against Markets

Picking the right benchmark for TrueShares Technology 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 TrueShares Technology 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 TrueShares Technology is critical whether you are bullish or bearish towards TrueShares Technology AI at a given time. Please also check how TrueShares Technology'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 TrueShares Technology 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.

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How to buy TrueShares Etf?

Before investing in TrueShares Technology, 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 TrueShares Technology. To buy TrueShares Technology etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of TrueShares Technology. 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 TrueShares Technology etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located TrueShares Technology AI 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 TrueShares Technology AI 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 TrueShares Technology AI, 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 TrueShares Etf please use our How to Invest in TrueShares Technology guide.

Already Invested in TrueShares Technology AI?

The danger of trading TrueShares Technology AI 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 TrueShares Technology 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 TrueShares Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TrueShares Technology 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 TrueShares Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TrueShares Technology'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 Trueshares Technology Ai Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Trueshares Technology Ai Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in TrueShares Technology AI. 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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for TrueShares Etf analysis

When running TrueShares Technology's price analysis, check to measure TrueShares Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TrueShares Technology is operating at the current time. Most of TrueShares Technology's value examination focuses on studying past and present price action to predict the probability of TrueShares Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrueShares Technology's price. Additionally, you may evaluate how the addition of TrueShares Technology to your portfolios can decrease your overall portfolio volatility.
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The market value of TrueShares Technology is measured differently than its book value, which is the value of TrueShares that is recorded on the company's balance sheet. Investors also form their own opinion of TrueShares Technology's value that differs from its market value or its book value, called intrinsic value, which is TrueShares Technology'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 TrueShares Technology's market value can be influenced by many factors that don't directly affect TrueShares Technology'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 TrueShares Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueShares Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueShares Technology'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.