Etf Managers Group Etf Profile
| BWET Etf | 11.50 0.43 3.88% |
Performance0 of 100
| Odds Of DistressLess than 9
|
ETF Managers is selling for under 11.50 as of the 28th of November 2024; that is 3.88 percent increase since the beginning of the trading day. The etf's last reported lowest price was 11.03. ETF Managers 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 ETF Managers Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
ETF Managers is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on ETF Managers Group
Moving against ETF Etf
ETF Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Energy ETFs, Commodities Focused (View all Sectors) |
| Issuer | ETF Managers Group |
| Inception Date | 2023-05-03 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.38 Million |
| Asset Type | Commodities |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | ETF Managers Group LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | ETFMG Financial LLC |
| Portfolio Manager | John Kartsonas |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 9.0 |
| Market Maker | Jane Street |
| Total Expense | 3.5 |
| Management Fee | 3.5 |
| 200 Day M A | 16.454 |
| Country Name | USA |
| 50 Day M A | 14.0135 |
| Code | BWET |
| Updated At | 27th of November 2024 |
| Returns Y T D | (29.23) |
| Name | ETF Managers Group Commodity Trust I |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01FP0JLS0 |
| Type | ETF |
| 1y Volatility | 21.22 |
ETF Managers Group [BWET] is traded in USA and was established null. The fund is listed under Commodities Focused. The entity is thematically classified as Sector ETFs. ETF Managers Group currently have in assets under management (AUM). , while the total return for the last year was -35.3%.
Check ETF Managers Probability Of Bankruptcy
ETF Managers Group Risk Profiles
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 ETF Managers. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (6.56) |
ETF Managers Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ETF Managers Group. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' 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 ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' 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 ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' 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.