Zega Buy Etf Profile

ZHDG -  USA Etf  

USD 20.35  0.06  0.30%

Zega Buy is trading at 20.35 as of the 16th of September 2021, a 0.30 percent up since the beginning of the trading day. The etf's lowest day price was 20.31. Zega Buy has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading 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 17th of August 2021 and ending today, the 16th of September 2021. Click here to learn more.
 Market Performance
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Zega Buy Etf Profile

Legal NameZega Buy And
Macroaxis Advice
Unlike general analyst consensus, Macroaxis 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 Zega Buy's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
IssuerToroso
DescriptionZega Buy and Hedge ETF
Inception Date2021-07-06
BenchmarkS&P 500 Index & Bloomberg Barclays U.S. Aggregate Bond Index
Entity TypeRegulated Investment Company
Asset Under Management72.72 Million
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Risk
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorTidal ETF Services LLC
AdvisorToroso Investments, LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerMick Brokaw, Jay Pestrichelli, Michael Venuto, Charles A. Ragauss
Transfer AgentGlobal Fund Services
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents65.0
Total Expense1.02
Management Fee0.95
Zega Buy And [ZHDG] is traded in USA and was established null. The fund is not listed under any group at this time. The fund at this time have in net assets.
Check Zega Buy Probability Of Bankruptcy

Zega Buy Target Price Odds Analysis

What are Zega Buy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Zega Buy jumping above the current price in 90 days from now is about 59.13%. 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 0.134. 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 0.0348, implying that it can generate a 0.0348 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 20.35HorizonTargetOdds Up 20.35 
39.35%90 days
 20.35 
59.13%
Based on a normal probability distribution, the odds of Zega Buy to move above the current price in 90 days from now is about 59.13 (This Zega Buy And probability density function shows the probability of Zega Buy 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.

Zega Buy And Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Zega Buy And Square Root Of Price Series is a mathematical transformation function. View also all equity analysis or get more info about square root of price series math transform indicator.

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.

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 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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Check out Your Current Watchlist. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Zega Buy Etf analysis

When running Zega Buy And 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 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 Buy 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 And underlying business (such as 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 Zega Buy value 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.