ETF Series is selling at 31.34 as of the 30th of November 2024; that is 0.58 percent increase since the beginning of the trading day. The etf's lowest day price was 31.34. ETF Series 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 ETF Series Solutions 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.
The fund is an actively managed exchange-traded fund that employs proprietary trend-based and sector rotation strategies developed by the funds investment sub-adviser. ETF Series is traded on BATS Exchange in the United States. More on ETF Series Solutions
ETF Series Solutions - McElhenny Sheffield Managed Risk ETF
Currency Code
USD
Open Figi
BBG013KK8S96
In Threey Volatility
10.5
1y Volatility
9.04
200 Day M A
28.4675
50 Day M A
30.226
Code
MSMR
Updated At
30th of November 2024
Currency Name
US Dollar
Type
ETF
ETF Series Solutions [MSMR] is traded in USA and was established 2021-11-16. The fund is listed under Moderate Allocation category and is part of APTUS ETFs family. The entity is thematically classified as Target Outcome ETFs. ETF Series Solutions now have 31.23 M in assets. , while the total return for the last 3 years was 9.0%.
Check ETF Series Probability Of Bankruptcy
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 Series. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether ETF Series Solutions is a strong investment it is important to analyze ETF Series' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ETF Series' future performance. For an informed investment choice regarding ETF Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ETF Series Solutions. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of ETF Series Solutions 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 Series' value that differs from its market value or its book value, called intrinsic value, which is ETF Series' 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 Series' market value can be influenced by many factors that don't directly affect ETF Series' 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 Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Series' 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.