Toroso Investments Etf Profile
Toroso Investments is selling for under 14.71 as of the 15th of December 2024; that is 0.41 percent up since the beginning of the trading day. The etf's last reported lowest price was 14.65. The performance scores are derived for the period starting the 16th of September 2024 and ending today, the 15th of December 2024. Click here to learn more.
Toroso Etf Highlights
| Old Name | Tidal ETF Trust - iClima Distributed Renewable Energy Transition Leaders ETF |
| Business Concentration | Miscellaneous Sector, iClima (View all Sectors) |
| Country Name | USA |
| Returns Y T D | (8.51) |
| Name | Tidal ETF Trust - iClima Distributed Renewable Energy Transition Leaders ETF |
| Currency Code | USD |
| 1y Volatility | 35.27 |
| 200 Day M A | 17.6015 |
| 50 Day M A | 15.7602 |
| Code | SHFT |
| Updated At | 3rd of April 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Toroso Investments [SHFT] is traded in USA and was established 2021-07-20. The fund is listed under Miscellaneous Sector category and is part of iClima family. Toroso Investments at this time have 1.77 M in assets. , while the total return for the last year was -24.7%.
Check Toroso Investments 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 Toroso Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Toroso 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 Toroso Investments 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.
Toroso Investments 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 Toroso Investments. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Toroso Investments Against Markets
Toroso Investments Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Toroso Investments etf to make a market-neutral strategy. Peer analysis of Toroso Investments could also be used in its relative valuation, which is a method of valuing Toroso Investments by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Toroso Investments is measured differently than its book value, which is the value of Toroso that is recorded on the company's balance sheet. Investors also form their own opinion of Toroso Investments' value that differs from its market value or its book value, called intrinsic value, which is Toroso Investments' 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 Toroso Investments' market value can be influenced by many factors that don't directly affect Toroso Investments' 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 Toroso Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Toroso Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toroso Investments' 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.