Akros Monthly Payout Etf Profile

MPAY Etf  USD 25.49  0.02  0.08%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 47

 
High
 
Low
About Average
Akros Monthly is trading at 25.49 as of the 23rd of July 2024; that is 0.08 percent decrease since the beginning of the trading day. The etf's open price was 25.51. Akros Monthly has 47 percent odds of going through some form of financial distress in the next two years but had a very solid returns during the last 90 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 23rd of June 2024 and ending today, the 23rd of July 2024. 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

  0.96AOR iShares Core GrowthPairCorr
  0.95GDMA Alpha Architect GdsdnPairCorr
  0.99TUG STF Tactical GrowthPairCorr
  0.99OCIO ClearShares OCIO ETFPairCorr
  0.96MFUL Collaborative InvestmentPairCorr

Moving against Akros Etf

  0.79BDRY Breakwave Dry BulkPairCorr

Akros Etf Highlights

Thematic Ideas
(View all Themes)
Old NameMi-Pay Group plc
Business ConcentrationAsset Allocation ETFs, Target Outcome ETFs, Moderate Allocation, Cabana, Software—Infrastructure, Technology (View all Sectors)
IssuerExchange Traded Concepts
Inception Date2022-05-05
BenchmarkAkros Multi-Asset Index
Entity TypeRegulated Investment Company
Asset Under Management2.8 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 Constituents52.0
Market MakerGTS
Total Expense0.84
Management Fee0.75
Country NameUSA
Returns Y T D15.43
NameAkros Monthly Payout ETF
Currency CodeUSD
Open FigiBBG0178QFRN6
1y Volatility11.91
200 Day M A23.3837
50 Day M A24.9118
CodeMPAY
Updated At23rd of July 2024
Currency NameUS Dollar
TypeETF
Akros Monthly Payout [MPAY] is traded in USA and was established 2022-05-05. The fund is listed under Moderate 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. , while the total return for the last year was 19.8%. 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

RTXRaytheon Technologies CorpStockIndustrials
PEPPepsiCoStockConsumer Staples
FTNTFortinetStockInformation Technology
BKNGBooking HoldingsStockConsumer Discretionary
ORCLOracleStockInformation Technology
VVisa Class AStockFinancials
TXNTexas Instruments IncorporatedStockInformation Technology
WMTWalmartStockConsumer Staples
More Details

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.

Akros Monthly Against Markets

Additional Information and Resources on Investing in Akros Etf

When determining whether Akros Monthly Payout offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akros Monthly'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 Akros Monthly Payout Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Akros Monthly Payout Etf:
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 closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.
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.