Thor Financial Technologies Etf Profile
| THLV Etf | USD 29.62 0.04 0.13% |
Performance9 of 100
| Odds Of DistressLess than 9
|
THOR Financial is selling for under 29.62 as of the 28th of November 2024; that is 0.13 percent decrease since the beginning of the trading day. The etf's lowest day price was 29.61. THOR Financial has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for THOR Financial Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing at least 80 percent of its total assets in securities included in the index. Thor Low is traded on NYSEARCA Exchange in the United States. More on THOR Financial Technologies
Moving together with THOR Etf
| 0.87 | VTI | Vanguard Total Stock | PairCorr |
| 0.86 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.86 | IVV | iShares Core SP | PairCorr |
| 0.92 | VIG | Vanguard Dividend | PairCorr |
| 0.86 | VV | Vanguard Large Cap | PairCorr |
| 0.92 | RSP | Invesco SP 500 Sell-off Trend | PairCorr |
Moving against THOR Etf
THOR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Equity ETFs, Volatility ETFs, Large Blend, THOR (View all Sectors) |
| Issuer | THOR Financial Technologies |
| Inception Date | 2022-09-12 |
| Benchmark | THOR Low Volatility Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 86.61 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Volatility |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Ultimus Fund Solutions, LLC |
| Advisor | THOR Financial Technologies, LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Northern Lights Distributors, LLC |
| Portfolio Manager | Bradley Roth, Cameron Roth |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Aug |
| Exchange | New York Stock Exchange |
| Number of Constituents | 11.0 |
| Total Expense | 0.64 |
| Management Fee | 0.55 |
| 200 Day M A | 27.4191 |
| Country Name | USA |
| 50 Day M A | 28.7574 |
| Code | THLV |
| Updated At | 27th of November 2024 |
| Returns Y T D | 16.68 |
| Name | THOR Financial Technologies Trust - THOR Low Volatility ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG019LVZVX4 |
| Type | ETF |
| 1y Volatility | 10.16 |
THOR Financial Technologies [THLV] is traded in USA and was established 2022-09-12. The fund is listed under Large Blend category and is part of THOR family. The entity is thematically classified as Broad Equity ETFs. THOR Financial Techn at this time have 9.66 M in assets. , while the total return for the last year was 24.3%.
Check THOR Financial 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 THOR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding THOR 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 THOR Financial Technologies 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 THOR Financial Technologies Etf Constituents
| XLE | The Select Sector | Etf | MX Etf | |
| XLP | The Select Sector | Etf | MX Etf | |
| XLB | The Select Sector | Etf | MX Etf | |
| XLY | The Select Sector | Etf | MX Etf | |
| XLV | The Select Sector | Etf | MX Etf | |
| XLU | The Select Sector | Etf | MX Etf | |
| XLRE | The Real Estate | Etf | Real Estate | |
| XLF | The Select Sector | Etf | MX Etf |
THOR Financial Techn 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 THOR Financial. 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 | 0.099 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.09) |
THOR Financial Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in THOR Financial Technologies. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of THOR Financial Techn is measured differently than its book value, which is the value of THOR that is recorded on the company's balance sheet. Investors also form their own opinion of THOR Financial's value that differs from its market value or its book value, called intrinsic value, which is THOR Financial'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 THOR Financial's market value can be influenced by many factors that don't directly affect THOR Financial'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 THOR Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if THOR Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, THOR Financial'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.