Etf Managers Group Etf Profile
ETF Managers is selling for under 25.44 as of the 19th of April 2024; that is -0.04% down since the beginning of the trading day. The etf's last reported lowest price was 25.44. Equity ratings for ETF Managers Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
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. ETF Managers' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ETF Managers or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Old Name | ETFMG Sit Ultra Short ETF |
| Business Concentration | Ultrashort Bond, ETFMG (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 3.23 |
| Name | ETFMG Sit Ultra Short ETF |
| Currency Code | USD |
| Open Figi | BBG00PPRLP80 |
| In Threey Volatility | 1.24 |
| 1y Volatility | 1.75 |
| 200 Day M A | 48.3861 |
| 50 Day M A | 48.458 |
| Code | VALT |
| Updated At | 31st of January 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.6) |
| Type | ETF |
ETF Managers Group [VALT] is traded in USA and was established 2019-10-08. The fund is listed under Ultrashort Bond category and is part of ETFMG family. ETF Managers Group at this time have 123.89 M in net assets. , while the total return for the last 3 years was 1.0%.
Check ETF Managers Probability Of Bankruptcy
Top ETF Managers Group Etf Constituents
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund |
ETF Managers Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of ETF Managers jumping above the current price in 90 days from now is about 68.89%. The ETF Managers Group probability density function shows the probability of ETF Managers etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days ETF Managers Group has a beta of -0.6422. This entails as returns on the benchmark increase, returns on holding ETF Managers are expected to decrease at a much lower rate. During a bear market, however, ETF Managers Group is likely to outperform the market. Additionally, eTF Managers Group 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 ETF Managers to move above the current price in 90 days from now is about 68.89 (This ETF Managers Group probability density function shows the probability of ETF Etf to fall within a particular range of prices over 90 days) .
ETF Managers Top Holders
| IPAY | ETFMG Prime Mobile | Etf | Miscellaneous Sector |
| GAMR | Wedbush ETFMG Video | Etf | Communications |
| MJ | Amplify Alternative Harvest | Etf | Miscellaneous Sector |
| IVES | Wedbush ETFMG Global | Etf | Technology |
| GERM | ETFMG Treatments Testing | Etf | Health |
| HACK | ETFMG Prime Cyber | Etf | Technology |
| ETHO | Etho Climate Leadership | Etf | Mid-Cap Blend |
ETF Managers Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ETF Managers market risk premium is the additional return an investor will receive from holding ETF Managers 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 ETF Managers. 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 ETF Managers' alpha and beta are two of the key measurements used to evaluate ETF Managers' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.7 | |||
| Standard Deviation | 6.26 | |||
| Variance | 39.16 | |||
| Risk Adjusted Performance | (0.06) |
ETF Managers Against Markets
Picking the right benchmark for ETF Managers 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 ETF Managers 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 ETF Managers is critical whether you are bullish or bearish towards ETF Managers Group at a given time. Please also check how ETF Managers' historical prices are related to one of the top price index indicators.
ETF Managers 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 ETF Managers etf to make a market-neutral strategy. Peer analysis of ETF Managers could also be used in its relative valuation, which is a method of valuing ETF Managers by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy ETF Etf?
Before investing in ETF Managers, 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 ETF Managers. To buy ETF Managers etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ETF Managers. 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 ETF Managers etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ETF Managers Group 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 ETF Managers Group 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 ETF Managers Group, 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 ETF Managers Group?
The danger of trading ETF Managers Group 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 ETF Managers 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 ETF Managers. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ETF Managers Group 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 ETF Managers Group 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 ETF 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 Etf Managers Group Etf. Highlighted below are key reports to facilitate an investment decision about Etf Managers Group 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 bureau of economic analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' 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 ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' 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 ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' 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.