Royce Quant Small Cap Etf Profile
| SQLV Etf | USD 38.30 0.14 0.36% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Royce Quant is selling for under 38.30 as of the 19th of April 2024; that is -0.36 percent down since the beginning of the trading day. The etf's lowest day price was 38.3. Royce Quant 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 Royce Quant Small Cap 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.
The fund primarily invests in equity securities of small-capitalization companies that are traded in the United States and meet certain criteria using a proprietary methodology created by the funds subadviser. Legg Small-Cap is traded on NASDAQ Exchange in the United States. More on Royce Quant Small Cap
Moving together with Royce Etf
| 0.84 | IWN | iShares Russell 2000 | PairCorr |
| 0.75 | DFAT | Dimensional Targeted | PairCorr |
| 0.95 | IJS | iShares SP Small | PairCorr |
| 0.95 | SLYV | SPDR SP 600 | PairCorr |
| 0.82 | DES | WisdomTree SmallCap | PairCorr |
Royce 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. Royce Quant's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Royce Quant 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 | Size And Style ETFs, Small Cap ETFs, Small Value, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2017-07-12 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 27.17 Million |
| Average Trading Valume | 2,865.1 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Small Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Legg Mason Partners Fund Advisor, LLC |
| Advisor | Legg Mason Partners Fund Advisor, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Franklin Distributors, LLC |
| Portfolio Manager | George Necakov, Michael Connors |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Mar |
| Exchange | NASDAQ |
| Number of Constituents | 248 |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.61 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | (6.41) |
| Name | Royce Quant Small-Cap Quality Value ETF |
| Currency Code | USD |
| Open Figi | BBG00H4BD6H7 |
| In Threey Volatility | 20.58 |
| 1y Volatility | 19.85 |
| 200 Day M A | 38.2243 |
| 50 Day M A | 40.402 |
| Code | SQLV |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.26 |
Royce Quant Small Cap [SQLV] is traded in USA and was established 2017-07-12. The fund is listed under Small Value category and is part of Franklin Templeton Investments family. The entity is thematically classified as Size And Style ETFs. Royce Quant Small at this time have 20.56 M in assets. , while the total return for the last 3 years was 3.0%.
Check Royce Quant 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 Royce Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Royce 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 Royce Quant Small Cap 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 Royce Quant Small Cap Etf Constituents
| BKE | Buckle Inc | Stock | Consumer Discretionary |
| GMS | GMS Inc | Stock | Industrials |
| TSE | Trinseo SA | Stock | Materials |
| IRBT | iRobot | Stock | Consumer Discretionary |
| VIVO | Meridian Bioscience | Stock | Health Care |
| VREX | Varex Imaging Corp | Stock | Health Care |
| UMPQ | Umpqua Holdings | Stock | Financials |
Royce Quant Target Price Odds Analysis
Depending on a normal probability distribution, the odds of Royce Quant jumping above the current price in 90 days from now is close to 99%. The Royce Quant Small Cap probability density function shows the probability of Royce Quant etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.515. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Royce Quant will likely underperform. Additionally, royce Quant Small Cap 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 Royce Quant to move above the current price in 90 days from now is close to 99 (This Royce Quant Small Cap probability density function shows the probability of Royce Etf to fall within a particular range of prices over 90 days) .
Royce Quant Small Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Royce Quant market risk premium is the additional return an investor will receive from holding Royce Quant 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 Royce Quant. 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 Royce Quant's alpha and beta are two of the key measurements used to evaluate Royce Quant's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.02) |
Royce Quant Against Markets
Picking the right benchmark for Royce Quant 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 Royce Quant 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 Royce Quant is critical whether you are bullish or bearish towards Royce Quant Small Cap at a given time. Please also check how Royce Quant'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 Royce Quant 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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| All Next | Launch Module |
How to buy Royce Etf?
Before investing in Royce Quant, 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 Royce Quant. To buy Royce Quant etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Royce Quant. 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 Royce Quant etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Royce Quant Small Cap 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 Royce Quant Small Cap 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 Royce Quant Small Cap, 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 Royce Etf please use our How to Invest in Royce Quant guide.
Already Invested in Royce Quant Small Cap?
The danger of trading Royce Quant Small Cap 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 Royce Quant 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 Royce Quant. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Royce Quant Small 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 Royce Quant Small is a strong investment it is important to analyze Royce Quant'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 Royce Quant's future performance. For an informed investment choice regarding Royce Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Royce Quant Small Cap. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Royce Quant Small is measured differently than its book value, which is the value of Royce that is recorded on the company's balance sheet. Investors also form their own opinion of Royce Quant's value that differs from its market value or its book value, called intrinsic value, which is Royce Quant'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 Royce Quant's market value can be influenced by many factors that don't directly affect Royce Quant'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 Royce Quant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royce Quant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royce Quant'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.