Strategy Shares Etf Profile
ELCV Etf | 26.90 0.11 0.41% |
Performance11 of 100
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Strategy Shares is selling for under 26.90 as of the 30th of November 2024; that is 0.41 percent down since the beginning of the trading day. The etf's lowest day price was 26.9. Strategy Shares has 50 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for Strategy Shares 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.
IPO Date 1st of October 2024 |
Strategy Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | High Dividend Yield ETFs, Strategy ETFs (View all Sectors) |
Issuer | Strategy Shares |
Inception Date | 2024-09-27 |
Entity Type | Regulated Investment Company |
Asset Under Management | 23.5 Million |
Asset Type | Equity |
Category | Strategy |
Focus | High Dividend Yield |
Market Concentration | Developed Markets |
Region | North America |
Administrator | Citi Fund Services Ohio, Inc. |
Advisor | Eventide Asset Management, LLC |
Custodian | Citibank, N.A. |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Dolores Bamford |
Transfer Agent | Citi Fund Services Ohio, Inc. |
Fiscal Year End | 30-Apr |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 43.0 |
Market Maker | GTS |
Total Expense | 0.49 |
Management Fee | 0.49 |
Name | Strategy Shares |
Currency Code | USD |
Code | ELCV |
Country Name | USA |
Open Figi | BBG01Q35HBJ3 |
Updated At | 6th of October 2024 |
Currency Name | US Dollar |
Type | Common Stock |
I P O Date | 1st of October 2024 |
Is Delisted | false |
Strategy Shares [ELCV] 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 Strategy Shares Probability Of Bankruptcy
Geographic Allocation (%)
Strategy Shares 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 Strategy Shares. 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 | 0.1558 | |||
Jensen Alpha | 0.1238 | |||
Total Risk Alpha | 0.0175 | |||
Sortino Ratio | 0.018 |
Strategy Shares Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Strategy Shares. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Strategy Etf please use our How to Invest in Strategy Shares guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Strategy Shares is measured differently than its book value, which is the value of Strategy that is recorded on the company's balance sheet. Investors also form their own opinion of Strategy Shares' value that differs from its market value or its book value, called intrinsic value, which is Strategy Shares' 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 Strategy Shares' market value can be influenced by many factors that don't directly affect Strategy Shares' 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 Strategy Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategy Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategy Shares' 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.