Strategy Shares Newfoundresolve Etf Profile

ROMO Etf  USD 32.59  0.20  0.62%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
Strategy Shares is selling at 32.59 as of the 30th of November 2024; that is 0.62 percent increase since the beginning of the trading day. The etf's open price was 32.39. Strategy Shares 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 Strategy Shares NewfoundReSolve 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 employs a passive management investment approach designed to track the total return performance, before fees and expenses, of the NewfoundReSolve Robust Equity Momentum Index. Strategy Shares is traded on BATS Exchange in the United States. More on Strategy Shares NewfoundReSolve

Moving together with Strategy Etf

  0.78CLSC Exchange Traded ConceptsPairCorr
  0.9RISN Inspire Tactical BalancedPairCorr
  0.93EAOA iShares ESG AwarePairCorr
  0.85DSJA DSJAPairCorr
  0.81RSPY Tuttle Capital ManagementPairCorr

Moving against Strategy Etf

  0.76MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
  0.7KO Coca Cola Aggressive PushPairCorr

Strategy Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationTarget Outcome ETFs, Asset Allocation ETFs, Moderately Aggressive Allocation, Strategy Shares (View all Sectors)
IssuerStrategy Shares
Inception Date2019-11-01
BenchmarkNewfound/ReSolve Robust Equity Momentum Index
Entity TypeRegulated Investment Company
Asset Under Management42.16 Million
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Outcome
Market ConcentrationBlended Development
RegionGlobal
AdministratorCiti Fund Services Ohio, Inc.
AdvisorRational Advisors, Inc.
CustodianCitibank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerDavid Miller, Charles Ashley
Transfer AgentCiti Fund Services Ohio, Inc.
Fiscal Year End30-Apr
ExchangeCboe BZX Exchange, Inc.
Number of Constituents4.0
Market MakerGTS
Total Expense1.03
Management Fee0.49
Country NameUSA
Returns Y T D22.7
NameStrategy Shares NewfoundReSolve Robust Momentum ETF
Currency CodeUSD
Open FigiBBG00QRWVHY3
In Threey Volatility10.9
1y Volatility9.65
200 Day M A29.857
50 Day M A31.6869
CodeROMO
Updated At30th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.03)
Strategy Shares NewfoundReSolve [ROMO] is traded in USA and was established 2019-11-01. The fund is listed under Moderately Aggressive Allocation category and is part of Strategy Shares family. The entity is thematically classified as Target Outcome ETFs. Strategy Shares Newf at this time have 51.51 M in assets. , while the total return for the last 3 years was 4.6%.
Check Strategy Shares 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 Strategy Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Strategy 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 Strategy Shares NewfoundReSolve 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 Strategy Shares NewfoundReSolve Etf Constituents

IVViShares Trust EtfMX Etf
SHYiShares 1 3 YearEtfShort Government
IEFiShares 7 10 YearEtfLong Government
More Details

Strategy Shares Newf 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.

Strategy Shares Against Markets

When determining whether Strategy Shares Newf offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Strategy Shares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Strategy Shares Newfoundresolve Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Strategy Shares Newfoundresolve Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Strategy Shares NewfoundReSolve. 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.
To learn how to invest in Strategy Etf, please use our How to Invest in Strategy Shares guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of Strategy Shares Newf 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.