Ibet Sports Etf Profile

IBET
 Etf
  

USD 9.39  0.01  0.11%   

Market Performance
2 of 100
Odds Of Distress
Less than 42
Ibet Sports is selling for under 9.39 as of the 27th of November 2022; that is 0.11 percent increase since the beginning of the trading day. The etf's last reported lowest price was 9.39. Ibet Sports has about a 42 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Ibet Sports Betting are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2021 and ending today, the 27th of November 2022. Click here to learn more.
The fund invests in equities of companies that are heavily engaged in sports betting or gaming activities and which the funds investment adviser believes may benefit from the development of existing andor new products, services andor technological improvements and innovation in sports betting and gaming. More on Ibet Sports Betting

Ibet Sports Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ibet Sports' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ibet Sports or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The fund retains 99.27% of its assets under management (AUM) in equities
Thematic IdeaConsumer (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Ibet Sports' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldOvervalued
IssuerInherent Wealth Fund
Inception Date2021-11-16
Entity TypeRegulated Investment Company
Asset Under Management1.03 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorInherent Wealth Fund, LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerJeffrey Kamys, Dustin Lewellyn, Ernesto Tong, Anand Desai,
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-Oct
ExchangeNASDAQ
Number of Constituents42.0
Market MakerGTS
Total Expense0.79
Management Fee0.79
Nav Price8.55
Two Hundred Day Average9.51
Ytd-35.61%
Average Daily Volume In Three Month634
Fifty Two Week Low7.75
As Of Date25th of October 2022
Average Daily Volume Last 10 Day300
Fifty Two Week High13.42
One Month10.17%
Fifty Day Average8.56
Three Month-6.17%
Ibet Sports Betting [IBET] is traded in USA and was established 2021-11-15. The fund is listed under Consumer Cyclical category and is part of Inherent Wealth Fund family. The entity is thematically classified as Consumer. Ibet Sports Betting currently have 939.01 K in assets under management (AUM).
Check Ibet Sports Probability Of Bankruptcy

Geographic Allocation (%)

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 Ibet Sports Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ibet Sports 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 Ibet Sports Betting 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.

Ibet Sports Betting Currency Exposure (%)

Top Ibet Sports Betting Constituents

Ibet Sports Target Price Odds Analysis

Attributed to a normal probability distribution, the odds of Ibet Sports jumping above the current price in 90 days from now is about 6.29%. The Ibet Sports Betting probability density function shows the probability of Ibet Sports etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.4084. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ibet Sports will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Ibet Sports Betting is significantly underperforming DOW.
  Odds Below 9.39HorizonTargetOdds Above 9.39
93.64%90 days
 9.39 
6.29%
Based on a normal probability distribution, the odds of Ibet Sports to move above the current price in 90 days from now is about 6.29 (This Ibet Sports Betting probability density function shows the probability of Ibet Sports Etf to fall within a particular range of prices over 90 days) .

Ibet Sports Major Institutional Holders

Institutional Holdings refers to the ownership stake in Ibet Sports that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ibet Sports' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ibet Sports' value.
InstituionSecurity TypeTotal SharesValue
Concourse Financial Group Securities IncFund Units0.00.0
View Ibet Sports Diagnostics

Ibet Sports Betting Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ibet Sports market risk premium is the additional return an investor will receive from holding Ibet Sports long position in a well-diversified portfolio. 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 Ibet Sports. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ibet Sports' alpha and beta are two of the key measurements used to evaluate Ibet Sports' performance over the market, the standard measures of volatility play an important role as well.

Ibet Sports Against Markets

Picking the right benchmark for Ibet Sports etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ibet Sports etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ibet Sports is critical whether you are bullish or bearish towards Ibet Sports Betting at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ibet Sports without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Ibet Sports Betting?

The danger of trading Ibet Sports Betting is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ibet Sports is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ibet Sports. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ibet Sports Betting is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Risk vs Return Analysis. Note that the Ibet Sports Betting information on this page should be used as a complementary analysis to other Ibet Sports' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Ibet Sports Betting price analysis, check to measure Ibet Sports' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ibet Sports is operating at the current time. Most of Ibet Sports' value examination focuses on studying past and present price action to predict the probability of Ibet Sports' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ibet Sports' price. Additionally, you may evaluate how the addition of Ibet Sports to your portfolios can decrease your overall portfolio volatility.
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The market value of Ibet Sports Betting is measured differently than its book value, which is the value of Ibet Sports that is recorded on the company's balance sheet. Investors also form their own opinion of Ibet Sports' value that differs from its market value or its book value, called intrinsic value, which is Ibet Sports' 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 Ibet Sports' market value can be influenced by many factors that don't directly affect Ibet Sports' 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 Ibet Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine Ibet Sports value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ibet Sports' 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.