Corecommodity Natural Resources Etf Profile
CCNR Etf | 25.16 0.16 0.64% |
Performance4 of 100
| Odds Of DistressLess than 9
|
CoreCommodity Natural is selling at 25.16 as of the 30th of November 2024; that is 0.64 percent increase since the beginning of the trading day. The etf's lowest day price was 25.13. CoreCommodity Natural has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for CoreCommodity Natural Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
CoreCommodity Natural is entity of United States. It is traded as Etf on NASDAQ exchange. More on CoreCommodity Natural Resources
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CoreCommodity Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Sector ETFs, Materials ETFs, Natural Resources (View all Sectors) |
Issuer | ALPS |
Inception Date | 2024-07-10 |
Entity Type | Regulated Investment Company |
Asset Under Management | 284.15 Million |
Asset Type | Equity |
Category | Sector |
Focus | Materials |
Market Concentration | Blended Development |
Region | Global |
Administrator | ALPS Fund Services, Inc. |
Advisor | ALPS Advisors, Inc. |
Custodian | State Street Bank and Trust Company |
Distributor | ALPS Portfolio Solutions Distributor, Inc. |
Portfolio Manager | Douglas Daly, Nelson Louie |
Transfer Agent | ALPS Fund Services, Inc. |
Fiscal Year End | 31-Oct |
Exchange | NASDAQ |
Number of Constituents | 261 |
Market Maker | Old Mission |
Total Expense | 0.39 |
Management Fee | 0.39 |
Country Name | USA |
Code | CCNR |
Updated At | 29th of November 2024 |
Name | CoreCommodity Natural Resources ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01NPDHFB8 |
Type | ETF |
CoreCommodity Natural Resources [CCNR] is traded in USA and was established null. The fund is listed under Natural Resources. The entity is thematically classified as Sector ETFs. CoreCommodity Natural currently have in assets under management (AUM).
Check CoreCommodity Natural Probability Of Bankruptcy
Geographic Allocation (%)
CoreCommodity Natural Currency Exposure
CoreCommodity Natural Resources holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of CoreCommodity Natural will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in CoreCommodity Natural Resources.
Top CoreCommodity Natural Resources Etf Constituents
ANTO | Antofagasta PLC | Stock | Materials | |
SM | SM Energy Co | Stock | Energy | |
HRL | Hormel Foods | Stock | Consumer Staples | |
VOE | Voestalpine AG | Stock | Steel Production And Products | |
KAR | Karoon Energy | Stock | Energy | |
ARX | ARC Resources | Stock | Energy | |
CNX | CNX Resources Corp | Stock | Energy | |
AAVVF | Advantage Oil Gas | Pink Sheet | Energy |
CoreCommodity Natural 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 CoreCommodity Natural. 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 | 0.0081 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | (0.10) |
CoreCommodity Natural Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCommodity Natural Resources. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of CoreCommodity Natural is measured differently than its book value, which is the value of CoreCommodity that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCommodity Natural's value that differs from its market value or its book value, called intrinsic value, which is CoreCommodity Natural'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 CoreCommodity Natural's market value can be influenced by many factors that don't directly affect CoreCommodity Natural'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 CoreCommodity Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCommodity Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCommodity Natural'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.