Toroso Investments Etf Profile
Toroso Investments is trading at 17.49 as of the 23rd of April 2024. This is a -0.51% down since the beginning of the trading day. The etf's lowest day price was 17.49. Equity ratings for Toroso Investments are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Toroso 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. Toroso Investments' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Toroso Investments or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Old Name | Tidal ETF Trust - Sound Enhanced Fixed Income ETF |
| Business Concentration | Multisector Bond, Sound ETF (View all Sectors) |
| Nav Price | 16.61 |
| Two Hundred Day Average | 18.08 |
| Ytd | -17.73% |
| Average Daily Volume In Three Month | 3.96k |
| Fifty Two Week Low | 16.02 |
| As Of Date | 25th of October 2022 |
| Average Daily Volume Last 10 Day | 3.11k |
| Fifty Two Week High | 21.08 |
| One Month | -0.79% |
| Fifty Day Average | 16.79 |
| Three Month | -7.39% |
Toroso Investments [SDEF] is traded in USA and was established 2020-12-30. The fund is listed under Multisector Bond category and is part of Sound ETF family. Toroso Investments at this time have 20.89 M in assets. , while the total return for the last year was -16.94%.
Check Toroso Investments 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 Toroso Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Toroso 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 Toroso Investments 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 Toroso Investments Etf Constituents
| ARCC | Ares Capital | Stock | Financials |
| AWF | Alliancebernstein Global High | Fund | Asset Management |
| EMHY | iShares JP Morgan | Etf | Emerging Markets Bond |
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund |
| GBDC | Golub Capital BDC | Stock | Financials |
| HTGC | Hercules Capital | Stock | Financials |
| HYEM | VanEck Emerging Markets | Etf | Emerging Markets Bond |
Toroso Investments Target Price Odds Analysis
In reference to a normal probability distribution, the odds of Toroso Investments jumping above the current price in 90 days from now is about 55.3%. The Toroso Investments probability density function shows the probability of Toroso Investments etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Toroso Investments has a beta of -0.038. This usually implies as returns on the benchmark increase, returns on holding Toroso Investments are expected to decrease at a much lower rate. During a bear market, however, Toroso Investments is likely to outperform the market. Additionally, toroso Investments 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 Toroso Investments to move above the current price in 90 days from now is about 55.3 (This Toroso Investments probability density function shows the probability of Toroso Etf to fall within a particular range of prices over 90 days) .
Toroso Investments Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Toroso Investments market risk premium is the additional return an investor will receive from holding Toroso Investments 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 Toroso Investments. 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 Toroso Investments' alpha and beta are two of the key measurements used to evaluate Toroso Investments' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3455 | |||
| Semi Deviation | 0.3831 | |||
| Standard Deviation | 0.4568 | |||
| Variance | 0.2086 |
Toroso Investments Against Markets
Picking the right benchmark for Toroso Investments 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 Toroso Investments 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 Toroso Investments is critical whether you are bullish or bearish towards Toroso Investments at a given time. Please also check how Toroso Investments' historical prices are related to one of the top price index indicators.
Toroso Investments Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Toroso Investments etf to make a market-neutral strategy. Peer analysis of Toroso Investments could also be used in its relative valuation, which is a method of valuing Toroso Investments by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy Toroso Etf?
Before investing in Toroso Investments, 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 Toroso Investments. To buy Toroso Investments etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Toroso Investments. 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 Toroso Investments etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Toroso Investments 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 Toroso Investments 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 Toroso Investments, 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 Toroso Investments?
The danger of trading Toroso Investments 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 Toroso Investments 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 Toroso Investments. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Toroso Investments 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 Toroso Investments is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Toroso Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Toroso Investments Etf. Highlighted below are key reports to facilitate an investment decision about Toroso Investments Etf: Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Toroso Investments information on this page should be used as a complementary analysis to other Toroso Investments' 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 Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of Toroso Investments is measured differently than its book value, which is the value of Toroso that is recorded on the company's balance sheet. Investors also form their own opinion of Toroso Investments' value that differs from its market value or its book value, called intrinsic value, which is Toroso Investments' 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 Toroso Investments' market value can be influenced by many factors that don't directly affect Toroso Investments' 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 Toroso Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Toroso Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toroso Investments' 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.