Etf Opportunities Trust Etf Bond Positions Weight
| KDRN Etf | USD 23.61 0.05 0.21% |
ETF Opportunities Trust fundamentals help investors to digest information that contributes to ETF Opportunities' financial success or failures. It also enables traders to predict the movement of ETF Etf. The fundamental analysis module provides a way to measure ETF Opportunities' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ETF Opportunities etf.
ETF |
ETF Opportunities Trust ETF Bond Positions Weight Analysis
ETF Opportunities' Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Current ETF Opportunities Bond Positions Weight | 1.96 % |
Most of ETF Opportunities' fundamental indicators, such as Bond Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ETF Opportunities Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
| Competition |
In accordance with the recently published financial statements, ETF Opportunities Trust has a Bond Positions Weight of 1.96%. This is much higher than that of the Metals & Mining family and significantly higher than that of the Intermediate Core-Plus Bond category. The bond positions weight for all United States etfs is notably lower than that of the firm.
ETF Bond Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETF Opportunities' direct or indirect competition against its Bond Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ETF Opportunities could also be used in its relative valuation, which is a method of valuing ETF Opportunities by comparing valuation metrics of similar companies.ETF Opportunities is currently under evaluation in bond positions weight as compared to similar ETFs.
Fund Asset Allocation for ETF Opportunities
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides ETF Opportunities' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
ETF Fundamentals
| Total Asset | 1.06 M | |||
| One Year Return | 8.30 % | |||
| Net Asset | 1.06 M | |||
| Bond Positions Weight | 1.96 % |
About ETF Opportunities Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETF Opportunities Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETF Opportunities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETF Opportunities Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ETF Opportunities
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ETF Opportunities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ETF Opportunities will appreciate offsetting losses from the drop in the long position's value.Moving together with ETF Etf
| 0.86 | IUSB | iShares Core Total | PairCorr |
| 0.83 | FIXD | First Trust TCW | PairCorr |
| 0.86 | FBND | Fidelity Total Bond | PairCorr |
| 0.84 | TOTL | SPDR DoubleLine Total | PairCorr |
| 0.84 | HTRB | Hartford Total Return | PairCorr |
Moving against ETF Etf
| 0.62 | MEME | Roundhill Investments | PairCorr |
| 0.59 | ITWO | Proshares Russell 2000 Low Volatility | PairCorr |
| 0.58 | RSPY | Tuttle Capital Management | PairCorr |
| 0.54 | DSJA | DSJA | PairCorr |
The ability to find closely correlated positions to ETF Opportunities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ETF Opportunities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ETF Opportunities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ETF Opportunities Trust to buy it.
The correlation of ETF Opportunities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ETF Opportunities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ETF Opportunities Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ETF Opportunities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out ETF Opportunities Piotroski F Score and ETF Opportunities Altman Z Score analysis. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of ETF Opportunities Trust 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 Opportunities' value that differs from its market value or its book value, called intrinsic value, which is ETF Opportunities' 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 Opportunities' market value can be influenced by many factors that don't directly affect ETF Opportunities' 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 Opportunities' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Opportunities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Opportunities' 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.