Spinnaker Etf Profile

TWIO Etf  USD 9.32  0.07  0.76%   
Market Performance
18 of 100
Odds Of Distress
Less than 42
Spinnaker ETF is selling for 9.32 as of the 2nd of February 2023. This is a 0.76 percent up since the beginning of the trading day. The etf's open price was 9.25. Spinnaker ETF has about a 42 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Spinnaker ETF Series are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of November 2021 and ending today, the 2nd of February 2023. Click here to learn more.
The fund seeks to achieve its investment objective by investing in a combination of domestic preferred securities, income producing fixed income securities, and income producing common stocks. Spinnaker Trajan is traded on NYSEARCA Exchange in the United States. More on Spinnaker ETF Series

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Spinnaker ETF 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. Spinnaker ETF's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Spinnaker ETF or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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 Spinnaker ETF's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
IssuerTrajan Wealth
Inception Date2019-07-22
Entity TypeRegulated Investment Company
Asset Under Management26.8 Million
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Outcome
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorNottingham Company
AdvisorOBP Capital, LLC
CustodianClear Street, LLC
DistributorCapital Investment Group, Inc.
Portfolio ManagerSterling Russell, Udayan Mitra
Transfer AgentNottingham Shareholder Services, LLC
Fiscal Year End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents42.0
Market MakerFlow Traders
Total Expense2.72
Management Fee0.55
Nav Price8.47
Two Hundred Day Average9.3
Average Daily Volume In Three Month9.46k
Fifty Two Week Low8.28
As Of Date25th of October 2022
Average Daily Volume Last 10 Day6.02k
Fifty Two Week High10.48
One Month-2.00%
Fifty Day Average8.63
Three Month-6.84%
Spinnaker ETF Series [TWIO] is traded in USA and was established 2021-03-31. The fund is listed under Allocation--30% to 50% Equity category and is part of Nottingham family. Spinnaker ETF Series at this time have 25.17 M in assets. , while the total return for the last year was -15.5%.
Check Spinnaker ETF 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 Spinnaker Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Spinnaker 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 Spinnaker ETF Series 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 Spinnaker ETF Series Etf Constituents

Spinnaker ETF Target Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Spinnaker ETF jumping above the current price in 90 days from now is near 1%. The Spinnaker ETF Series probability density function shows the probability of Spinnaker ETF etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Spinnaker ETF has a beta of 0.3161. This usually implies as returns on the market go up, Spinnaker ETF average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Spinnaker ETF Series will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0877, implying that it can generate a 0.0877 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 9.32HorizonTargetOdds Above 9.32
99.18%90 days
Based on a normal probability distribution, the odds of Spinnaker ETF to move above the current price in 90 days from now is near 1 (This Spinnaker ETF Series probability density function shows the probability of Spinnaker Etf to fall within a particular range of prices over 90 days) .

Spinnaker ETF Series Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Spinnaker ETF market risk premium is the additional return an investor will receive from holding Spinnaker ETF 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 Spinnaker ETF. 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 Spinnaker ETF's alpha and beta are two of the key measurements used to evaluate Spinnaker ETF's performance over the market, the standard measures of volatility play an important role as well.

Spinnaker ETF Against Markets

Picking the right benchmark for Spinnaker ETF 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 Spinnaker ETF 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 Spinnaker ETF is critical whether you are bullish or bearish towards Spinnaker ETF Series at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Spinnaker ETF 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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Invested in Spinnaker ETF Series?

The danger of trading Spinnaker ETF Series 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 Spinnaker ETF 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 Spinnaker ETF. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Spinnaker ETF Series 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.
Additionally, take a look at World Market Map. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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