Smartetfs Etf Profile

SOLR
 Etf
  

USD 26.12  1.00  3.69%   

Market Performance
4 of 100
Odds Of Distress
Over 61
Smartetfs Sustainable is selling at 26.12 as of the 29th of September 2022; that is -3.69 percent decrease since the beginning of the trading day. The etf's lowest day price was 26.12. Smartetfs Sustainable has more than 61 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Smartetfs Sustainable Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of July 2022 and ending today, the 29th of September 2022. Click here to learn more.
The fund invests, under normal conditions, at least 80 percent of its net assets in publicly-traded equity securities of sustainable energy companies . Smartetfs Sustainable is traded on NYSEArca Exchange in the United States. More on Smartetfs Sustainable Energy

Moving together with Smartetfs Sustainable

+0.7JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr

Moving against Smartetfs Sustainable

-0.75CLDSDirexion Daily Cloud DelistingPairCorr

Smartetfs Sustainable 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. Smartetfs Sustainable's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Smartetfs Sustainable or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Smartetfs Sustainable has high likelihood to experience some financial distress in the next 2 years
The fund maintains 95.85% of its assets in stocks
Thematic IdeaEnergy (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 Smartetfs Sustainable's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
IssuerGuinness Atkinson Asset Management
Inception Date2020-11-11
BenchmarkMSCI World Index
Entity TypeRegulated Investment Company
Asset Under Management4.77 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorMutual Fund Administration LLC
AdvisorGuinness Atkinson Asset Management, Inc.
CustodianBrown Brothers Harriman & Co.
DistributorForeside Fund Services, LLC
Portfolio ManagerEdward Guinness, Will Riley, Jonathan Waghorn, Dustin Lewellyn, Ernesto Tong, Anand Desai
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents32.0
Market MakerRBC Capital Markets
Total Expense1.91
Management Fee0.79
Nav Price27.5
Two Hundred Day Average28.81
Ytd-12.36%
Average Daily Volume In Three Month690
Fifty Two Week Low25.06
As Of Date16th of September 2022
Average Daily Volume Last 10 Day590
Fifty Two Week High36.18
One Month-5.07%
Fifty Day Average28.85
Three Month13.66%
Smartetfs Sustainable Energy [SOLR] is traded in USA and was established 2020-11-11. The fund is listed under Equity Energy category and is part of SmartETFs family. The entity is thematically classified as Energy. Smartetfs Sustainable at this time have 5.19 M in assets. , while the total return for the last year was -9.77%.
Check Smartetfs Sustainable 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 Smartetfs Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Smartetfs 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 Smartetfs Sustainable Energy 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.

Smartetfs Sustainable Currency Exposure (%)

Top Smartetfs Sustainable Energy Constituents

Smartetfs Sustainable Target Price Odds Analysis

In regard to a normal probability distribution, the odds of Smartetfs Sustainable jumping above the current price in 90 days from now is about 88.86%. The Smartetfs Sustainable Energy probability density function shows the probability of Smartetfs Sustainable 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 1.1092. This usually implies Smartetfs Sustainable Energy market returns are sensible to returns on the market. As the market goes up or down, Smartetfs Sustainable is expected to follow. Additionally, the company has an alpha of 0.0985, implying that it can generate a 0.0985 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 26.12HorizonTargetOdds Above 26.12
11.05%90 days
 26.12 
88.86%
Based on a normal probability distribution, the odds of Smartetfs Sustainable to move above the current price in 90 days from now is about 88.86 (This Smartetfs Sustainable Energy probability density function shows the probability of Smartetfs Etf to fall within a particular range of prices over 90 days) .

Smartetfs Sustainable Major Institutional Holders

Institutional Holdings refers to the ownership stake in Smartetfs Sustainable that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Smartetfs Sustainable's 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 Smartetfs Sustainable's value.
InstituionSecurity TypeTotal SharesValue
Royal Bank Of CanadaFund Units15.1 K388 K
View Smartetfs Sustainable Diagnostics

Smartetfs Sustainable Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Smartetfs Sustainable market risk premium is the additional return an investor will receive from holding Smartetfs Sustainable 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 Smartetfs Sustainable. 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 Smartetfs Sustainable's alpha and beta are two of the key measurements used to evaluate Smartetfs Sustainable's performance over the market, the standard measures of volatility play an important role as well.

Smartetfs Sustainable Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Smartetfs Sustainable Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Smartetfs Sustainable price patterns.
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Smartetfs Sustainable Against Markets

Picking the right benchmark for Smartetfs Sustainable 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 Smartetfs Sustainable 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 Smartetfs Sustainable is critical whether you are bullish or bearish towards Smartetfs Sustainable Energy at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Smartetfs Sustainable 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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Efficient Frontier

Plot and analyze your portfolio and positions against risk-return landscape of the market.
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Invested in Smartetfs Sustainable Energy?

The danger of trading Smartetfs Sustainable Energy 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 Smartetfs Sustainable 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 Smartetfs Sustainable. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Smartetfs Sustainable 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.
Additionally, take a look at World Market Map. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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