Metalpha Technology Holding Etf Profile
| MATH Etf | USD 1.46 0.05 3.55% |
Performance1 of 100
| Odds Of DistressLess than 40
|
Metalpha Technology is trading at 1.46 as of the 19th of April 2024. This is a 3.55% increase since the beginning of the trading day. The etf's open price was 1.41. Metalpha Technology has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Metalpha Technology Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 20th of October 2017 | Category Financial Services | Classification Communication Services |
The investment seeks long-term capital appreciation with a secondary emphasis on capital preservation. AdvisorShares Meidell is traded on Archipelago Exchange in USA. The company has 36.95 M outstanding shares of which 9.56 K shares are now shorted by private and institutional investors with about 0.39 trading days to cover. More on Metalpha Technology Holding
Moving against Metalpha Etf
| 0.5 | FOXA | Fox Corp Class Financial Report 14th of May 2024 | PairCorr |
| 0.43 | BATRK | Atlanta Braves Holdings | PairCorr |
| 0.41 | BATRA | Atlanta Braves Holdings | PairCorr |
Metalpha 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. Metalpha Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Metalpha Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman CEO | Limin Liu |
| Business Concentration | Movies & Entertainment, Media & Entertainment, Communication Services, NASDAQ Composite, Communication Services, Entertainment, Internet Content & Information, Communication Services (View all Sectors) |
| Tax Provision | 218,035 |
| Total Current Liabilities | 47.44 Million |
| Total Stockholder Equity | 8.6 Million |
| Currency Code | USD |
| Fiscal Year End | March |
| Stock Based Compensation | 1.05 Million |
| Property Plant And Equipment Net | 129,354 |
| Begin Period Cash Flow | 5.29 Million |
| Net Debt | (6.61 Million) |
| Accounts Payable | 11.61 Million |
| Cash | 6.75 Million |
| Other Operating Expenses | 7.23 Million |
| Non Current Assets Total | 158,732 |
| Non Currrent Assets Other | 29,378 |
| Cash And Short Term Investments | 9.47 Million |
| 50 Day M A | 1.5782 |
| Code | MATH |
| Common Stock Shares Outstanding | 26.99 Million |
Metalpha Technology Holding [MATH] is traded in USA and was established 2011-06-22. Metalpha Technology is listed under Movies & Entertainment category by Fama And French industry classification. The fund is listed under Communication Services category and is part of Entertainment family. Metalpha Technology now have 56.08 M in assets. , while the total return for the last 3 years was 1.99%.
Metalpha Technology generates negative cash flow from operations
Check Metalpha Technology 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 Metalpha Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Metalpha 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 Metalpha Technology Holding 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 Metalpha Technology Holding Etf Constituents
| KRE | SPDR SP Regional | Etf | Financial |
| XBI | SPDR SP Biotech | Etf | Health |
| EEM | iShares MSCI Emerging | Etf | Diversified Emerging Mkts |
| XLI | Industrial Select Sector | Etf | Industrials |
| IJR | iShares Core SP | Etf | Small Blend |
| XLK | Technology Select Sector | Etf | Technology |
| XLF | Financial Select Sector | Etf | Financial |
Metalpha Technology Target Price Odds Analysis
Coming from a normal probability distribution, the odds of Metalpha Technology jumping above the current price in 90 days from now is about 72.57%. The Metalpha Technology Holding probability density function shows the probability of Metalpha Technology etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Metalpha Technology Holding has a beta of -0.7469. This indicates as returns on the benchmark increase, returns on holding Metalpha Technology are expected to decrease at a much lower rate. During a bear market, however, Metalpha Technology Holding is likely to outperform the market. Additionally, metalpha Technology Holding has an alpha of 0.1247, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Metalpha Technology to move above the current price in 90 days from now is about 72.57 (This Metalpha Technology Holding probability density function shows the probability of Metalpha Etf to fall within a particular range of prices over 90 days) .
Metalpha Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Metalpha Technology market risk premium is the additional return an investor will receive from holding Metalpha 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 Metalpha 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 Metalpha Technology's alpha and beta are two of the key measurements used to evaluate Metalpha Technology's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.02 | |||
| Jensen Alpha | 0.1247 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0041 |
Metalpha Technology Against Markets
Picking the right benchmark for Metalpha 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 Metalpha 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 Metalpha Technology is critical whether you are bullish or bearish towards Metalpha Technology Holding at a given time. Please also check how Metalpha 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 Metalpha 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.Did you try this?
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| All Next | Launch Module |
How to buy Metalpha Etf?
Before investing in Metalpha 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 Metalpha Technology. To buy Metalpha Technology etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Metalpha 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 Metalpha Technology etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Metalpha Technology Holding 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 Metalpha Technology Holding 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 Metalpha Technology Holding, 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.
Already Invested in Metalpha Technology Holding?
The danger of trading Metalpha Technology Holding 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 Metalpha 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 Metalpha Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Metalpha 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalpha Technology Holding. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of Metalpha Technology is measured differently than its book value, which is the value of Metalpha that is recorded on the company's balance sheet. Investors also form their own opinion of Metalpha Technology's value that differs from its market value or its book value, called intrinsic value, which is Metalpha 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 Metalpha Technology's market value can be influenced by many factors that don't directly affect Metalpha 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 Metalpha Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metalpha Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metalpha 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.