Fairlead Tactical Sector Etf Profile
| TACK Etf | USD 25.23 0.20 0.80% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Fairlead Tactical is selling for 25.23 as of the 24th of April 2024. This is a 0.80% increase since the beginning of the trading day. The etf's last reported lowest price was 25.17. Fairlead Tactical 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 Fairlead Tactical Sector are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2023 and ending today, the 24th of April 2024. Click here to learn more.
The fund is a diversified actively-managed ETF that under normal circumstances will invest more than 80 percent of the funds net assets in passive domestic equity sector ETFs and ETFs investing respectively in gold and U.S. Capitol Fairlead is traded on NYSEARCA Exchange in the United States.. More on Fairlead Tactical Sector
Moving together with Fairlead Etf
| 0.99 | TDSC | Cabana Target Drawdown | PairCorr |
| 0.95 | YYY | Amplify High me | PairCorr |
| 0.89 | TDSB | Cabana Target Drawdown | PairCorr |
| 0.92 | GMOM | Cambria Global Momentum | PairCorr |
| 0.88 | AGOX | Adaptive Alpha Oppor | PairCorr |
Fairlead 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. Fairlead Tactical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fairlead Tactical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Asset Allocation ETFs (View all Themes) |
| Business Concentration | Asset Allocation ETFs, Tactical Allocation, Fairlead Funds (View all Sectors) |
| Issuer | Fairlead Strategies |
| Inception Date | 2022-03-23 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 206.63 Million |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Asset Allocation |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Ultimus Fund Solutions, LLC |
| Advisor | Cary Street Partners Asset Management LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Northern Lights Distributors, LLC |
| Portfolio Manager | Katie Stockton |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 9.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.7 |
| Management Fee | 0.59 |
| Country Name | USA |
| Returns Y T D | 1.33 |
| Name | Fairlead Tactical Sector Fund |
| Currency Code | USD |
| Open Figi | BBG0162DF873 |
| 1y Volatility | 10.54 |
| 200 Day M A | 24.2435 |
| 50 Day M A | 25.7377 |
| Code | TACK |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Fairlead Tactical Sector [TACK] is traded in USA and was established 2022-03-22. The fund is listed under Tactical Allocation category and is part of Fairlead Funds family. The entity is thematically classified as Asset Allocation ETFs. Fairlead Tactical Sector at this time have 150.43 M in assets. , while the total return for the last year was 4.9%.
Check Fairlead Tactical Probability Of Bankruptcy
Top Fairlead Tactical Sector Etf Constituents
| XLB | The Select Sector | Etf | MX Etf |
| XLC | Communication Services Select | Etf | Communications |
| XLV | The Select Sector | Etf | MX Etf |
| XLY | The Select Sector | Etf | MX Etf |
| XLRE | The Real Estate | Etf | Real Estate |
| XLF | The Select Sector | Etf | MX Etf |
| XLK | The Select Sector | Etf | MX Etf |
Fairlead Tactical Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Fairlead Tactical jumping above the current price in 90 days from now is about 69.15%. The Fairlead Tactical Sector probability density function shows the probability of Fairlead Tactical etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Fairlead Tactical has a beta of 0.9906. This usually implies Fairlead Tactical Sector market returns are very sensitive to returns on the market. As the market goes up or down, Fairlead Tactical is expected to follow. Additionally, fairlead Tactical Sector 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 Fairlead Tactical to move above the current price in 90 days from now is about 69.15 (This Fairlead Tactical Sector probability density function shows the probability of Fairlead Etf to fall within a particular range of prices over 90 days) .
Fairlead Tactical Sector Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fairlead Tactical market risk premium is the additional return an investor will receive from holding Fairlead Tactical 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 Fairlead Tactical. 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 Fairlead Tactical's alpha and beta are two of the key measurements used to evaluate Fairlead Tactical's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0368 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.07) |
Fairlead Tactical Against Markets
Picking the right benchmark for Fairlead Tactical 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 Fairlead Tactical 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 Fairlead Tactical is critical whether you are bullish or bearish towards Fairlead Tactical Sector at a given time. Please also check how Fairlead Tactical'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 Fairlead Tactical 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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How to buy Fairlead Etf?
Before investing in Fairlead Tactical, 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 Fairlead Tactical. To buy Fairlead Tactical etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fairlead Tactical. 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 Fairlead Tactical etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fairlead Tactical Sector 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 Fairlead Tactical Sector 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 Fairlead Tactical Sector, 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 Fairlead Etf please use our How to Invest in Fairlead Tactical guide.
Already Invested in Fairlead Tactical Sector?
The danger of trading Fairlead Tactical Sector 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 Fairlead Tactical 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 Fairlead Tactical. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fairlead Tactical Sector 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 Fairlead Tactical Sector 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 Fairlead 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 Fairlead Tactical Sector Etf. Highlighted below are key reports to facilitate an investment decision about Fairlead Tactical Sector Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Fairlead Tactical Sector. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Fairlead Tactical Sector information on this page should be used as a complementary analysis to other Fairlead Tactical'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Fairlead Tactical Sector is measured differently than its book value, which is the value of Fairlead that is recorded on the company's balance sheet. Investors also form their own opinion of Fairlead Tactical's value that differs from its market value or its book value, called intrinsic value, which is Fairlead Tactical'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 Fairlead Tactical's market value can be influenced by many factors that don't directly affect Fairlead Tactical'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 Fairlead Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fairlead Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fairlead Tactical'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.