Atac Credit Etf Profile

JOJO -  USA Etf  

USD 20.17  0.02  0.1%

Atac Credit is selling for 20.17 as of the 18th of September 2021. This is a -0.1% down since the beginning of the trading day. The etf's open price was 20.19. Atac Credit 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 Atac Credit Rotation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of July 2021 and ending today, the 18th of September 2021. Click here to learn more.
 Market Performance
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Atac Credit Etf Profile

Legal NameAtac Credit Rotation
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 Atac Credit's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
IssuerToroso
DescriptionATAC Credit Rotation ETF
Inception Date2021-07-15
Entity TypeRegulated Investment Company
Asset Under Management4.54 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusBroad Debt
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorTidal ETF Services LLC
AdvisorToroso Investments, LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerMichael Venuto, Michael Gayed
Transfer AgentGlobal Fund Services
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents3.0
Total Expense1.44
Management Fee1.25
Average Daily Volume In Three Month11.6k
Average Daily Volume Last 10 Day11.6k
Atac Credit Rotation [JOJO] is traded in USA and was established null. The fund is not classified under any group at this time. The fund currently have in assets under management (AUM).
Check Atac Credit Probability Of Bankruptcy

Atac Credit Target Price Odds Analysis

What are Atac Credit's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Atac Credit jumping above the current price in 90 days from now is about 33.09%. The Atac Credit Rotation probability density function shows the probability of Atac Credit etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Atac Credit has a beta of 0.0792. This indicates as returns on the market go up, Atac Credit average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Atac Credit Rotation will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0083, implying that it can generate a 0.008288 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 20.17HorizonTargetOdds Up 20.17 
65.75%90 days
 20.17 
33.09%
Based on a normal probability distribution, the odds of Atac Credit to move above the current price in 90 days from now is about 33.09 (This Atac Credit Rotation probability density function shows the probability of Atac Credit Etf to fall within a particular range of prices over 90 days) .

Atac Credit Rotation Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Atac Credit market risk premium is the additional return an investor will receive from holding Atac Credit 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 Atac Credit. 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 Atac Credit's alpha and beta are two of the key measurements used to evaluate Atac Credit's performance over the market, the standard measures of volatility play an important role as well.

Atac Credit Rotation Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of fourty-one. Atac Credit Price Natural Logarithm is logarithm with base 'e' where e is equal to 2.718281828. It is applied on the entire Atac Credit Rotation pricing series. View also all equity analysis or get more info about price natural logarithm math transform indicator.

Atac Credit Against Markets

Picking the right benchmark for Atac Credit 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 Atac Credit 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 Atac Credit is critical whether you are bullish or bearish towards Atac Credit Rotation at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Atac Credit 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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Please see Risk vs Return Analysis. Note that the Atac Credit Rotation information on this page should be used as a complementary analysis to other Atac Credit'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Atac Credit Rotation price analysis, check to measure Atac Credit'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 Atac Credit is operating at the current time. Most of Atac Credit's value examination focuses on studying past and present price action to predict the probability of Atac Credit's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atac Credit's price. Additionally, you may evaluate how the addition of Atac Credit to your portfolios can decrease your overall portfolio volatility.
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The market value of Atac Credit Rotation is measured differently than its book value, which is the value of Atac Credit that is recorded on the company's balance sheet. Investors also form their own opinion of Atac Credit's value that differs from its market value or its book value, called intrinsic value, which is Atac Credit'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 Atac Credit's market value can be influenced by many factors that don't directly affect Atac Credit Rotation 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 Atac Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine Atac Credit value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atac Credit'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.