Alexis Practical Tactical Etf Profile
| LEXI Etf | USD 31.59 0.17 0.54% |
Performance15 of 100
| Odds Of DistressLess than 9
|
Alexis Practical is trading at 31.59 as of the 30th of November 2024. This is a 0.54 percent increase since the beginning of the trading day. The etf's open price was 31.42. Alexis Practical has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Alexis Practical Tactical 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.
In seeking to achieve its investment objective, the fund has the flexibility to allocate its assets in markets around the world and among various asset classes , and real estate and strategies, including alternative strategies . Alexis Practical is traded on NYSEARCA Exchange in the United States.. More on Alexis Practical Tactical
Moving together with Alexis Etf
Alexis Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Target Outcome ETFs, Asset Allocation ETFs, Tactical Allocation, Alexis Practical Tactical (View all Sectors) |
| Issuer | Alexis Investment Partners |
| Inception Date | 2021-06-30 |
| Entity Type | Regulated Investment Company |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Alexis Investment Partners, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Jason Browne, Alexis Browne |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 34.0 |
| Market Maker | Virtu Financial |
| Total Expense | 1.0 |
| Management Fee | 0.85 |
| Country Name | USA |
| Returns Y T D | 19.52 |
| Name | Alexis Practical Tactical ETF |
| Currency Code | USD |
| Open Figi | BBG011MP5NZ2 |
| In Threey Volatility | 15.7 |
| 1y Volatility | 10.58 |
| 200 Day M A | 29.2443 |
| 50 Day M A | 30.8006 |
| Code | LEXI |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.18 |
| Type | ETF |
Alexis Practical Tactical [LEXI] is traded in USA and was established 2021-06-30. The fund is listed under Tactical Allocation category and is part of Alexis Practical Tactical family. The entity is thematically classified as Target Outcome ETFs. Alexis Practical Tactical now have 47.29 M in assets. , while the total return for the last 3 years was 7.5%.
Check Alexis Practical Probability Of Bankruptcy
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 Alexis Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Alexis 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 Alexis Practical Tactical 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.
Top Alexis Practical Tactical Etf Constituents
| DIA | SPDR Dow Jones | Etf | Large Value | |
| GLD | SPDR Gold Shares | Etf | Commodities Focused | |
| ICF | iShares Cohen Steers | Etf | Real Estate | |
| IJJ | iShares SP Mid Cap | Etf | Mid-Cap Value | |
| IWD | iShares Russell 1000 | Etf | Large Value | |
| MGK | Vanguard Mega Cap | Etf | Large Growth | |
| RSP | Invesco SP 500 | Etf | Large Blend | |
| VHT | Vanguard Health Care | Etf | Health |
Alexis Practical Tactical 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 Alexis Practical. 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 | 0.1119 | |||
| Jensen Alpha | (0.0003) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.07) |
Alexis Practical Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alexis Practical Tactical. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Alexis Practical Tactical is measured differently than its book value, which is the value of Alexis that is recorded on the company's balance sheet. Investors also form their own opinion of Alexis Practical's value that differs from its market value or its book value, called intrinsic value, which is Alexis Practical'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 Alexis Practical's market value can be influenced by many factors that don't directly affect Alexis Practical'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 Alexis Practical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alexis Practical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alexis Practical'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.