Dynamic Short Short Term Etf Profile
WEIX Etf | USD 27.41 0.01 0.04% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Dynamic Short is trading at 27.41 as of the 28th of November 2024; that is 0.04 percent increase since the beginning of the trading day. The etf's open price was 27.4. Dynamic Short has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Dynamic Short Short Term 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, under normal circumstances, by obtaining investment exposure to an actively managed portfolio of short positions in futures contracts with monthly expirations , which are based on the CBOE Volatility Index. More on Dynamic Short Short Term
Moving against Dynamic Etf
Dynamic Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Absolute Returns ETFs, Volatility ETFs, Trading--Miscellaneous, Dynamic Shares Trust (View all Sectors) |
Issuer | Dynamic Shares |
Inception Date | 2022-01-13 |
Entity Type | Partnership |
Asset Under Management | 5.48 Million |
Asset Type | Multi Asset |
Category | Absolute Returns |
Focus | Volatility |
Market Concentration | Developed Markets |
Region | North America |
Administrator | The Nottingham Company |
Advisor | Dynamic Shares LLC |
Custodian | BMO Harris Bank N.A. |
Distributor | Capital Investment Group, Inc. |
Portfolio Manager | Weixuan Zhang |
Transfer Agent | Nottingham Shareholder Services, LLC |
Fiscal Year End | 31-Dec |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 2.0 |
Total Expense | 2.45 |
Management Fee | 1.85 |
Country Name | USA |
Returns Y T D | (1.4) |
Name | Dynamic Short Short-Term Volatility Futures ETF |
Currency Code | USD |
Open Figi | BBG014JD36G7 |
1y Volatility | 16.96 |
200 Day M A | 28.0814 |
50 Day M A | 26.198 |
Code | WEIX |
Updated At | 27th of November 2024 |
Currency Name | US Dollar |
Type | ETF |
Dynamic Short Short Term [WEIX] is traded in USA and was established 2022-01-13. The fund is listed under Trading--Miscellaneous category and is part of Dynamic Shares Trust family. The entity is thematically classified as Absolute Returns ETFs. Dynamic Short Short at this time have 2.28 M in net assets. , while the total return for the last year was 1.7%.
Check Dynamic Short Probability Of Bankruptcy
Dynamic Short Short 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 Dynamic Short. 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 | 0.0326 | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.19) | |||
Sortino Ratio | (0.04) |
Dynamic Short Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Dynamic Short Short Term. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Dynamic Short Short is measured differently than its book value, which is the value of Dynamic that is recorded on the company's balance sheet. Investors also form their own opinion of Dynamic Short's value that differs from its market value or its book value, called intrinsic value, which is Dynamic Short'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 Dynamic Short's market value can be influenced by many factors that don't directly affect Dynamic Short'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 Dynamic Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynamic Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynamic Short'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.