ZEGA Buy Etf Profile


USD 16.98  0.09  0.53%   

Market Performance
0 of 100
Odds Of Distress
Less than 49
ZEGA Buy is trading at 16.98 as of the 9th of December 2022, a -0.53% down since the beginning of the trading day. The etf's lowest day price was 16.97. ZEGA Buy has 49 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over 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 19th of December 2020 and ending today, the 9th of December 2022. 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 Buy

+0.69TATT Inc Sell-off TrendPairCorr
+0.77MMM3M Company Sell-off TrendPairCorr
+0.69JPMJPMorgan Chase Fiscal Year End 13th of January 2023 PairCorr

ZEGA Buy 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.
ZEGA Buy And generated a negative expected return over the last 90 days
The fund keeps about 5.02% of its net assets in bonds
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 Investments
Inception Date2021-07-06
Entity TypeRegulated Investment Company
Asset Under Management71.99 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 AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents45.0
Market MakerGTS
Total Expense0.98
Management Fee0.95
Nav Price16.92
Two Hundred Day Average17.9
Average Daily Volume In Three Month47.28k
Fifty Two Week Low16.19
As Of Date25th of October 2022
Average Daily Volume Last 10 Day57.68k
Fifty Two Week High21.2
One Month2.85%
Fifty Day Average16.77
Three Month-1.99%
ZEGA Buy And [ZHDG] is traded in USA and was established 2021-07-06. The fund is listed under Large Blend category and is part of ZEGA family. ZEGA Buy And at this time have 84.6 M in net assets. , while the total return for the last year was -15.86%.
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 Buy 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 Buy 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

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 40.13%. 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 0.6129. 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 a negative alpha, implying that the risk taken by holding this instrument is not justified. ZEGA Buy And is significantly underperforming NYSE Composite.
  Odds Below 16.98HorizonTargetOdds Above 16.98
59.38%90 days
Based on a normal probability distribution, the odds of ZEGA Buy to move above the current price in 90 days from now is about 40.13 (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 Major Institutional Holders

Institutional Holdings refers to the ownership stake in ZEGA Buy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ZEGA Buy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ZEGA Buy's value.
InstituionSecurity TypeTotal SharesValue
Worthpointe LlcFund Units26 K423 K
View ZEGA Buy Diagnostics

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 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 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 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.
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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'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 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.