Zega Buy And Etf Profile
ZHDG Etf | USD 18.48 0.06 0.33% |
Performance14 of 100
| Odds Of DistressLess than 9
|
ZEGA Buy is trading at 18.48 as of the 19th of March 2024. This is a 0.33% increase since the beginning of the trading day. The etf's lowest day price was 18.47. ZEGA Buy has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ZEGA Buy And are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2022 and ending today, the 19th of March 2024. Click here to learn more.
The fund invests in a combination of options, as well as fixed income securities, or other income producing securities, including preferred shares, through ETFs or other investment companies or through direct investments. Zega Buy is traded on NYSEARCA Exchange in the United States.. More on ZEGA Buy And
Moving together with ZEGA Etf
0.92 | JEPI | JPMorgan Equity Premium | PairCorr |
0.88 | XYLD | Global X SP | PairCorr |
0.89 | DIVO | Amplify CWP Enhanced | PairCorr |
0.81 | RYLD | Global X Russell | PairCorr |
0.87 | JEPQ | JPMorgan Nasdaq Equity | PairCorr |
0.8 | NUSI | Nationwide Nasdaq-100 | PairCorr |
0.95 | KNG | FT Cboe Vest | PairCorr |
ZEGA 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. ZEGA Buy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ZEGA Buy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas | (View all Themes) |
Business Concentration | Target Risk ETFs, Asset Allocation ETFs, Derivative Income, ZEGA (View all Sectors) |
Issuer | Toroso Investments |
Inception Date | 2021-07-06 |
Entity Type | Regulated Investment Company |
Asset Under Management | 42.78 Million |
Asset Type | Multi Asset |
Category | Asset Allocation |
Focus | Target Risk |
Market Concentration | Developed Markets |
Region | North America |
Administrator | Tidal ETF Services LLC |
Advisor | Toroso Investments, LLC |
Custodian | U.S. Bank, N.A. |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Mick Brokaw, Jay Pestrichelli, Michael Venuto, Charles A. Ragauss |
Transfer Agent | U.S. Bancorp Fund Services, LLC |
Fiscal Year End | 30-Apr |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 9.0 |
Market Maker | GTS |
Total Expense | 0.98 |
Management Fee | 0.95 |
Country Name | USA |
Returns Y T D | 4.42 |
Name | ZEGA Buy and Hedge ETF |
Currency Code | USD |
Open Figi | BBG011PS1K01 |
1y Volatility | 10.11 |
200 Day M A | 17.5372 |
50 Day M A | 17.9674 |
Code | ZHDG |
Updated At | 19th of March 2024 |
Currency Name | US Dollar |
Type | ETF |
ZEGA Buy And [ZHDG] is traded in USA and was established 2021-07-06. The fund is listed under Derivative Income category and is part of ZEGA family. The entity is thematically classified as Target Risk ETFs. ZEGA Buy And at this time have 84.6 M in net assets. , while the total return for the last year was 17.1%.
Check ZEGA Buy 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 ZEGA Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ZEGA 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 ZEGA Buy And 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 ZEGA Buy And Etf Constituents
DTHXX | Dreyfus Treasury Securities | Money Market Fund | US Money Market Fund |
ZEGA Buy Target Price Odds Analysis
In reference to a normal probability distribution, the odds of ZEGA Buy jumping above the current price in 90 days from now is under 4%. The ZEGA Buy And probability density function shows the probability of ZEGA Buy etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days ZEGA Buy has a beta of 0.2345. This usually means as returns on the market go up, ZEGA Buy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ZEGA Buy And will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0447, implying that it can generate a 0.0447 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ZEGA Buy to move above the current price in 90 days from now is under 4 (This ZEGA Buy And probability density function shows the probability of ZEGA Etf to fall within a particular range of prices over 90 days) .
ZEGA Buy And Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ZEGA Buy market risk premium is the additional return an investor will receive from holding ZEGA Buy 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 ZEGA Buy. 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 ZEGA Buy's alpha and beta are two of the key measurements used to evaluate ZEGA Buy's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance | 0.1265 | |||
Jensen Alpha | 0.0447 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.15) |
ZEGA Buy Against Markets
Picking the right benchmark for ZEGA Buy 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 ZEGA Buy 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 ZEGA Buy is critical whether you are bullish or bearish towards ZEGA Buy And at a given time. Please also check how ZEGA Buy'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 ZEGA Buy 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 ZEGA Etf?
Before investing in ZEGA Buy, 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 ZEGA Buy. To buy ZEGA Buy etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ZEGA Buy. 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 ZEGA Buy etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ZEGA Buy And 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 ZEGA Buy And 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 ZEGA Buy And, 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 ZEGA Etf please use our How to Invest in ZEGA Buy guide.
Already Invested in ZEGA Buy And?
The danger of trading ZEGA Buy And 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 ZEGA Buy 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 ZEGA Buy. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ZEGA Buy And 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 ZEGA Buy And is a strong investment it is important to analyze ZEGA Buy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ZEGA Buy's future performance. For an informed investment choice regarding ZEGA Etf, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEGA Buy And. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the ZEGA Buy And information on this page should be used as a complementary analysis to other ZEGA Buy'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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for ZEGA Etf analysis
When running ZEGA Buy's price analysis, check to measure ZEGA Buy'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 ZEGA Buy is operating at the current time. Most of ZEGA Buy's value examination focuses on studying past and present price action to predict the probability of ZEGA Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZEGA Buy's price. Additionally, you may evaluate how the addition of ZEGA Buy to your portfolios can decrease your overall portfolio volatility.
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The market value of ZEGA Buy And is measured differently than its book value, which is the value of ZEGA that is recorded on the company's balance sheet. Investors also form their own opinion of ZEGA Buy's value that differs from its market value or its book value, called intrinsic value, which is ZEGA Buy'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 ZEGA Buy's market value can be influenced by many factors that don't directly affect ZEGA Buy'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 ZEGA Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZEGA Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEGA Buy'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.