Sonicshares Global Shipping Etf Analysis
| BOAT Etf | USD 30.72 0.06 0.19% |
SonicShares Global Shipping is overvalued with Real Value of 28.8 and Hype Value of 30.7. The main objective of SonicShares Global etf analysis is to determine its intrinsic value, which is an estimate of what SonicShares Global Shipping is worth, separate from its market price. There are two main types of SonicShares Etf analysis: fundamental analysis and technical analysis.
The SonicShares Global etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
SonicShares |
SonicShares Etf Analysis Notes
SonicShares Global is is formed as Regulated Investment Company in the United States. ETF is managed and operated by Tidal ETF Services LLC. The fund has 52 constituents across multiple sectors and instustries. The fund charges 0.69 percent management fee with a total expences of 0.69 percent of total asset. The fund holds 97.08% of assets under management (AUM) in equities. The index is a rules-based index that seeks to provide exposure to a global portfolio of companies identified as being engaged in the water transportation industry. Sonicshares Global is traded on NYSEARCA Exchange in the United States. For more info on SonicShares Global Shipping please contact the company at NA.Sector Exposure
SonicShares Global Shipping constituents include assets from different sectors. As a result, investing in SonicShares Global lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in SonicShares Global because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among SonicShares Global's constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
Currency Exposure
SonicShares Global Shipping manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of SonicShares Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
SonicShares Global Investment Alerts
| SonicShares Global generated a negative expected return over the last 90 days | |
| Latest headline from businesswire.com: RunMyProcess Names Uno Veski as Chief Product and Strategy Officer, Ready to Capitalize off Business Orchestration and Automation Technologies | |
| The fund holds 97.08% of its assets under management (AUM) in equities |
SonicShares Global Thematic Classifications
In addition to having SonicShares Global etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Sector ETFsUSA ETFs from Sector clasification | |
| Industrials ETFsUSA ETFs from Industrials clasification |
Management Efficiency
SonicShares Global's management efficiency ratios could be used to measure how well SonicShares Global manages its routine affairs as well as how well it operates its assets and liabilities.Evaluating the management effectiveness of SonicShares Global allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The SonicShares Etf analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Returns 3 Y 16.59 | Returns 1 Y 16.73 | Total Assets 40 M | Yield 6.85 | Returns YTD 7.05 |
Top SonicShares Global Shipping Etf Constituents
| ASC | Ardmore Shpng | Stock | |
| DSX | Diana Shipping | Stock | |
| HLAG | Hapag Lloyd AG | Stock | |
| CMRE | Costamare | Stock | |
| MATX | Matson Inc | Stock | |
| SFL | SFL Corporation | Stock | |
| 0FF | 2020 Bulkers | Stock | |
| OET | Okeanis Eco Tankers | Stock | |
| LPG | Dorian LPG | Stock | |
| ESEA | Euroseas | Stock | |
| INSW | International Seaways | Stock | |
| STNG | Scorpio Tankers | Stock | |
| DAC | Danaos | Stock | |
| DHT | DHT Holdings | Stock | |
| GNK | Genco Shipping Trading | Stock | |
| HSHP | Himalaya Shipping | Stock | |
| SBLK | Star Bulk Carriers | Stock | |
| GOGL | Golden Ocean Group | Stock | |
| HAUTO | Hoegh Autoliners ASA | Stock | |
| NVGS | Navigator Holdings | Stock | |
| SB | Safe Bulkers | Stock | |
| GSL | Global Ship Lease | Stock | |
| FRO | Frontline | Stock | |
| ZIM | ZIM Integrated Shipping | Stock | |
| SNI | Stolt Nielsen Limited | Stock | |
| 003280 | Heung A Shipping Co | Stock | |
| 028670 | Pan Ocean Co | Stock | |
| PANL | Pangaea Logistic | Stock | |
| MAERSK-B | AP Mller | Stock | |
| MPCC | MPC Container Ships | Stock | |
| 011200 | HMM Co | Stock | |
| FLNG | FLEX LNG | Stock | |
| NAT | Nordic American Tankers | Stock |
Technical Drivers
As of the 1st of December, SonicShares Global has the Risk Adjusted Performance of (0.04), variance of 2.38, and Coefficient Of Variation of (1,791). SonicShares Global technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the etf's future prices.SonicShares Global Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. SonicShares Global middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for SonicShares Global. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
SonicShares Global Outstanding Bonds
SonicShares Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. SonicShares Global uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most SonicShares bonds can be classified according to their maturity, which is the date when SonicShares Global Shipping has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
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| TIBX 65 31 MAR 29 Corp BondUS88632QAE35 | View |
SonicShares Global Predictive Daily Indicators
SonicShares Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of SonicShares Global etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
SonicShares Global Forecast Models
SonicShares Global's time-series forecasting models are one of many SonicShares Global's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary SonicShares Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About SonicShares Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how SonicShares Global prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling SonicShares shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as SonicShares Global. By using and applying SonicShares Etf analysis, traders can create a robust methodology for identifying SonicShares entry and exit points for their positions.
The index is a rules-based index that seeks to provide exposure to a global portfolio of companies identified as being engaged in the water transportation industry. Sonicshares Global is traded on NYSEARCA Exchange in the United States.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding SonicShares Global to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SonicShares Global Shipping. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of SonicShares Global is measured differently than its book value, which is the value of SonicShares that is recorded on the company's balance sheet. Investors also form their own opinion of SonicShares Global's value that differs from its market value or its book value, called intrinsic value, which is SonicShares Global'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 SonicShares Global's market value can be influenced by many factors that don't directly affect SonicShares Global'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 SonicShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SonicShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SonicShares Global'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.