Core Alternative Etf Profile
| CCOR Etf | USD 26.46 0.22 0.84% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Core Alternative is selling at 26.46 as of the 23rd of April 2024; that is 0.84% increase since the beginning of the trading day. The etf's lowest day price was 26.35. Core Alternative has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Core Alternative ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests primarily in U.S. equity securities that tend to offer current dividends. Core Alternative is traded on NYSEARCA Exchange in the United States. More on Core Alternative ETF
Moving against Core Etf
| 0.89 | PMAY | Innovator SP 500 | PairCorr |
| 0.82 | PJUL | Innovator SP 500 | PairCorr |
| 0.81 | BUFD | FT Cboe Vest | PairCorr |
| 0.8 | PSEP | Innovator SP 500 | PairCorr |
| 0.8 | PAUG | Innovator Equity Power | PairCorr |
| 0.79 | BUFR | First Trust Cboe | PairCorr |
| 0.79 | DNOV | FT Cboe Vest | PairCorr |
Core 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. Core Alternative's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Core Alternative or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Old Names | [CI DoubleLine Core Plus Fixed Income US$ Fund ETF C$ Hedged Series, ETFS Swiss Franc Dly Hdg Corn ETC] |
| Business Concentration | Broad Equity ETFs, Strategy ETFs, Options Trading, Core Alternative Capital (View all Sectors) |
| Issuer | Core Alternative Capital |
| Inception Date | 2017-05-24 |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 100,665 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Core Alternative Capital, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Quasar Distributors, LLC |
| Portfolio Manager | David Pursell, Danny Mack, Peter Simasek |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 45.0 |
| Market Maker | GTS |
| Total Expense | 1.07 |
| Management Fee | 1.05 |
| Country Name | USA |
| Returns Y T D | (4.83) |
| Name | Core Alternative ETF |
| Currency Code | USD |
| In Threey Volatility | 8.3 |
| 1y Volatility | 5.76 |
| 200 Day M A | 27.4102 |
| 50 Day M A | 26.5618 |
| Code | CCOR |
| Updated At | 22nd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.5) |
| Type | ETF |
Core Alternative ETF [CCOR] is traded in USA and was established 2017-05-23. The fund is listed under Options Trading category and is part of Core Alternative Capital family. The entity is thematically classified as Broad Equity ETFs. Core Alternative ETF currently have 462.62 M in assets under management (AUM). , while the total return for the last 3 years was -2.7%.
Check Core Alternative 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 Core Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Core 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 Core Alternative ETF 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 Core Alternative ETF Etf Constituents
| WMT | Walmart | Stock | Consumer Staples |
| MMM | 3M Company | Stock | Industrials |
| PG | Procter Gamble | Stock | Consumer Staples |
| SYY | Sysco | Stock | Consumer Staples |
| JNJ | Johnson Johnson | Stock | Health Care |
| BR | Broadridge Financial Solutions | Stock | Industrials |
| XOM | Exxon Mobil Corp | Stock | Energy |
Core Alternative Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Core Alternative jumping above the current price in 90 days from now is about 66.85%. The Core Alternative ETF probability density function shows the probability of Core Alternative etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Core Alternative ETF has a beta of -0.0545 suggesting as returns on the benchmark increase, returns on holding Core Alternative are expected to decrease at a much lower rate. During a bear market, however, Core Alternative ETF is likely to outperform the market. Additionally, core Alternative ETF 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 Core Alternative to move above the current price in 90 days from now is about 66.85 (This Core Alternative ETF probability density function shows the probability of Core Etf to fall within a particular range of prices over 90 days) .
Core Alternative Top Holders
| SRIFX | Fundx Sustainable Impact | Mutual Fund | Large Growth |
Core Alternative ETF Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Core Alternative market risk premium is the additional return an investor will receive from holding Core Alternative 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 Core Alternative. 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 Core Alternative's alpha and beta are two of the key measurements used to evaluate Core Alternative's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 1.02 |
Core Alternative Against Markets
Picking the right benchmark for Core Alternative 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 Core Alternative 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 Core Alternative is critical whether you are bullish or bearish towards Core Alternative ETF at a given time. Please also check how Core Alternative'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 Core Alternative 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 Core Etf?
Before investing in Core Alternative, 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 Core Alternative. To buy Core Alternative etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Core Alternative. 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 Core Alternative etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Core Alternative ETF 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 Core Alternative ETF 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 Core Alternative ETF, 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 Core Etf please use our How to Invest in Core Alternative guide.
Already Invested in Core Alternative ETF?
The danger of trading Core Alternative ETF 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 Core Alternative 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 Core Alternative. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Core Alternative ETF 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 Core Alternative ETF is a strong investment it is important to analyze Core Alternative'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 Core Alternative's future performance. For an informed investment choice regarding Core Etf, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Core Alternative ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of Core Alternative ETF is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Alternative's value that differs from its market value or its book value, called intrinsic value, which is Core Alternative'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 Core Alternative's market value can be influenced by many factors that don't directly affect Core Alternative'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 Core Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Alternative'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.