Two Roads Shared Etf Profile
| CGV Etf | USD 13.18 0.13 1.00% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Two Roads is selling for under 13.18 as of the 30th of November 2024; that is 1.00 percent up since the beginning of the trading day. The etf's lowest day price was 13.15. Two Roads 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 Two Roads Shared are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund seeks to invest under normal circumstances in equity securities that are economically tied to at least three countries . Affinity Conductor is traded on NYSEARCA Exchange in the United States. The company has 151.98 M outstanding shares of which 53.31 K shares are currently shorted by investors with about 4.0 days to cover. More on Two Roads Shared
Moving together with Two Etf
| 0.87 | FNDC | Schwab Fundamental | PairCorr |
| 0.94 | AVDV | Avantis International | PairCorr |
| 0.85 | DLS | WisdomTree International | PairCorr |
| 0.85 | PDN | Invesco FTSE RAFI | PairCorr |
| 0.91 | DISV | Dimensional ETF Trust | PairCorr |
Moving against Two Etf
Two Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Vietnam Ceramic Glass JSC |
| Business Concentration | Size And Style ETFs, Broad Equity ETFs, Foreign Small/Mid Value, Conductor (View all Sectors) |
| Issuer | IronHorse Capital |
| Inception Date | 2022-08-01 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 111.71 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Size and Style |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Ultimus Fund Solutions, LLC |
| Advisor | IronHorse Capital LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Northern Lights Distributors, LLC |
| Portfolio Manager | Charles Albert Cunningham, III |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 94.0 |
| Market Maker | Virtu Financial |
| Total Expense | 1.67 |
| Management Fee | 1.25 |
| Country Name | USA |
| Returns Y T D | 0.42 |
| Name | Two Roads Shared Trust |
| Currency Code | USD |
| Open Figi | BBG0190B0V14 |
| In Threey Volatility | 11.94 |
| 1y Volatility | 13.45 |
| 200 Day M A | 13.1261 |
| 50 Day M A | 13.2515 |
| Code | CGV |
| Updated At | 29th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.09) |
| Type | ETF |
Two Roads Shared [CGV] is traded in USA and was established 2016-04-19. The fund is classified under Foreign Small/Mid Value category within Conductor family. The entity is thematically classified as Size And Style ETFs. Two Roads Shared currently have 64.07 M in assets under management (AUM). , while the total return for the last 3 years was 3.1%.
Two Roads Shared has about 337.1 M in cash with 740.88 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22.
Check Two Roads Probability Of Bankruptcy
Geographic Allocation (%)
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 Two Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Two 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 Two Roads Shared 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.
Two Roads Shared Currency Exposure
Two Roads Shared 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 Two Roads 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 Two Roads Shared.
Top Two Roads Shared Etf Constituents
| TW | Taylor Wimpey PLC | Stock | Consumer Discretionary | |
| G | Genpact Limited | Stock | Industrials | |
| YAL | Yancoal Australia | Stock | Energy | |
| SKA-B | Skanska AB | Stock | Engineering & Construction | |
| 5168 | Hartalega Holdings Bhd | Stock | Healthcare Equipment & Supplies | |
| 051600 | Kepco Plant S | Stock | Industrials | |
| PRG | PROG Holdings | Stock | Industrials | |
| ASIX | AdvanSix | Stock | Materials |
Two Roads Shared 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 Two Roads. 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 | 0.0025 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.19) |
Two Roads Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Two Roads Shared. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Two Roads Shared is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Roads' value that differs from its market value or its book value, called intrinsic value, which is Two Roads' 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 Two Roads' market value can be influenced by many factors that don't directly affect Two Roads' 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 Two Roads' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Roads is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Roads' 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.