Akros Etf Profile

Etfs . USA . 
Etf . Akros Monthly Payout
MPAY Etf  USD 22.14  0.09  0.41%   

Market Performance

2 of 100

 
0
 
100

Odds Of Distress

Less than 38

 
100  
 
0
Akros Monthly is trading at 22.14 as of the 4th of June 2023; that is 0.41 percent increase since the beginning of the trading day. The etf's open price was 22.05. Akros Monthly has about a 38 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 Akros Monthly Payout are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2023 and ending today, the 4th of June 2023. Click here to learn more.
The fund normally invests in securities comprising the index. Akros Monthly is traded on NYSEARCA Exchange in the United States. The company has 14.29 M outstanding shares. More on Akros Monthly Payout

Moving together with Akros Etf

+0.63AOAIShares Core AggressivePairCorr
+0.86RPARRPAR Risk ParityPairCorr

Moving against Akros Etf

-0.74BITIProShares Trust -PairCorr

Akros 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. Akros Monthly's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Akros Monthly or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOChee Chew
Thematic Ideas
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Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Akros Monthly's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
HoldFairly Valued
IssuerExchange Traded Concepts
Inception Date2022-05-05
BenchmarkAkros Multi-Asset Index
Entity TypeRegulated Investment Company
Asset Under Management2.19 Million
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Outcome
Market ConcentrationBlended Development
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorExchange Traded Concepts, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerAndrew Serowik, Todd Alberico, Gabriel Tan
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Nov
ExchangeNYSE Arca, Inc.
Number of Constituents60.0
Market MakerGTS
Total Expense0.84
Management Fee0.75
Nav Price21.98
Two Hundred Day Average22.8
Average Daily Volume In Three Month687
Fifty Two Week Low21.67
As Of Date25th of October 2022
Average Daily Volume Last 10 Day90.0
Fifty Two Week High24.55
One Month-1.35%
Fifty Day Average22.15
Three Month-2.29%
Akros Monthly Payout [MPAY] is traded in USA and was established 2022-05-05. The fund is listed under World Allocation category and is part of Cabana family. The entity is thematically classified as Asset Allocation ETFs. Akros Monthly Payout now have 2.21 M in assets. Akros Monthly Payout currently holds about 23.87 K in cash with (475.03 K) of positive cash flow from operations.
Check Akros Monthly 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 Akros Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Akros 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 Akros Monthly Payout 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 Akros Monthly Payout Etf Constituents

BILSPDR Bloomberg 1 3EtfUltrashort Bond
LHLaboratoryStockHealth Care
ADSKAutodeskStockInformation Technology
WBAWalgreens Boots AllianceStockConsumer Staples
PEPPepsiCoStockConsumer Staples
SONSonoco ProductsStockMaterials
HRLHormel FoodsStockConsumer Staples
More Details

Akros Monthly Target Price Odds Analysis

Based on a normal probability distribution, the odds of Akros Monthly jumping above the current price in 90 days from now is about 59.13%. The Akros Monthly Payout probability density function shows the probability of Akros Monthly etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Akros Monthly has a beta of 0.1863. This indicates as returns on the market go up, Akros Monthly average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Akros Monthly Payout will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0314, implying that it can generate a 0.0314 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 22.14HorizonTargetOdds Above 22.14
40.02%90 days
 22.14 
59.13%
Based on a normal probability distribution, the odds of Akros Monthly to move above the current price in 90 days from now is about 59.13 (This Akros Monthly Payout probability density function shows the probability of Akros Etf to fall within a particular range of prices over 90 days) .

Akros Monthly Major Institutional Holders

Institutional Holdings refers to the ownership stake in Akros Monthly that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Akros Monthly's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Akros Monthly's value.
InstituionLast TransactionTypeSharesValue
Ubs Group Ag2023-03-31Fund Units2515.7 K
View Akros Monthly Diagnostics

Akros Monthly Payout Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Akros Monthly market risk premium is the additional return an investor will receive from holding Akros Monthly 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 Akros Monthly. 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 Akros Monthly's alpha and beta are two of the key measurements used to evaluate Akros Monthly's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation0.3811
Semi Deviation0.5223
Standard Deviation0.5014
Variance0.2514

Akros Monthly Payout Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Akros Monthly Price Natural Logarithm is logarithm with base 'e' where e is equal to 2.718281828. It is applied on the entire Akros Monthly Payout pricing series.
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Akros Monthly Against Markets

Picking the right benchmark for Akros Monthly 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 Akros Monthly 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 Akros Monthly is critical whether you are bullish or bearish towards Akros Monthly Payout at a given time. Please also check how Akros Monthly's historical prices are related to one of the top price index indicators.
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Be your own money manager

Our tools can tell you how much better you can do entering a position in Akros Monthly 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 Akros Etf?

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

Already Invested in Akros Monthly Payout?

The danger of trading Akros Monthly Payout 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 Akros Monthly 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 Akros Monthly. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Akros Monthly Payout 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 Akros Monthly Payout. 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 Akros Monthly Payout information on this page should be used as a complementary analysis to other Akros Monthly'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Akros Etf analysis

When running Akros Monthly's price analysis, check to measure Akros Monthly'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 Akros Monthly is operating at the current time. Most of Akros Monthly's value examination focuses on studying past and present price action to predict the probability of Akros Monthly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akros Monthly's price. Additionally, you may evaluate how the addition of Akros Monthly to your portfolios can decrease your overall portfolio volatility.
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The market value of Akros Monthly Payout is measured differently than its book value, which is the value of Akros that is recorded on the company's balance sheet. Investors also form their own opinion of Akros Monthly's value that differs from its market value or its book value, called intrinsic value, which is Akros Monthly'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 Akros Monthly's market value can be influenced by many factors that don't directly affect Akros Monthly's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Akros Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akros Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akros Monthly'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.
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