QRAFT Etf Profile

AMOM
 Etf
  

USD 27.34  0.66  2.36%   

Market Performance
6 of 100
Odds Of Distress
Less than 47
QRAFT AI-Enhanced is selling for 27.34 as of the 5th of December 2022. This is a -2.36 percent down since the beginning of the trading day. The etf's lowest day price was 27.34. QRAFT AI-Enhanced has 47 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for QRAFT AI-Enhanced US are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of December 2020 and ending today, the 5th of December 2022. Click here to learn more.
The fund is an actively-managed ETF that seeks to achieve its investment objective by utilizing an investment strategy enhanced by the use of artificial intelligence. Qraft Ai-Enhanced is traded on NYSEARCA Exchange in the United States. More on QRAFT AI-Enhanced US

Moving together with QRAFT AI-Enhanced

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QRAFT AI-Enhanced 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. QRAFT AI-Enhanced's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding QRAFT AI-Enhanced or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The fund holds all of its assets under management (AUM) in equities
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 QRAFT AI-Enhanced's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
IssuerExchange Traded Concepts
Inception Date2019-05-21
Entity TypeRegulated Investment Company
Asset Under Management11.95 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorExchange Traded Concepts, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerAndrew Serowik, Travis Trampe
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents50.0
Market MakerVirtu Financial
Total Expense0.75
Management Fee0.75
Nav Price26.69
Two Hundred Day Average26.82
Ytd-26.07%
Average Daily Volume In Three Month1.86k
Fifty Two Week Low23.33
As Of Date25th of October 2022
Average Daily Volume Last 10 Day1.04k
Fifty Two Week High37.54
One Month11.47%
Fifty Day Average26.0
Three Month3.18%
Beta In Three Year1.05
QRAFT AI-Enhanced US [AMOM] is traded in USA and was established 2019-05-20. The fund is listed under Large Growth category and is part of Exchange Traded Concepts family. QRAFT AI-Enhanced presently have 11.93 M in assets under management (AUM). , while the total return for the last 3 years was 10.42%.
Check QRAFT AI-Enhanced 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 QRAFT Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding QRAFT 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 QRAFT AI-Enhanced US 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.

Top QRAFT AI-Enhanced US Constituents

QRAFT AI-Enhanced Target Price Odds Analysis

Based on a normal probability distribution, the odds of QRAFT AI-Enhanced jumping above the current price in 90 days from now is about 16.06%. The QRAFT AI-Enhanced US probability density function shows the probability of QRAFT AI-Enhanced etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days QRAFT AI-Enhanced has a beta of 0.9894. This suggests QRAFT AI-Enhanced US market returns are highly reactive to returns on the market. As the market goes up or down, QRAFT AI-Enhanced is expected to follow. Additionally, the company has an alpha of 0.0245, implying that it can generate a 0.0245 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 27.34HorizonTargetOdds Above 27.34
83.79%90 days
 27.34 
16.06%
Based on a normal probability distribution, the odds of QRAFT AI-Enhanced to move above the current price in 90 days from now is about 16.06 (This QRAFT AI-Enhanced US probability density function shows the probability of QRAFT Etf to fall within a particular range of prices over 90 days) .

QRAFT AI-Enhanced Major Institutional Holders

Institutional Holdings refers to the ownership stake in QRAFT AI-Enhanced that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of QRAFT AI-Enhanced'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 QRAFT AI-Enhanced's value.
InstituionSecurity TypeTotal SharesValue
Ubs Group AgFund UnitsK49 K
View QRAFT AI-Enhanced Diagnostics

QRAFT AI-Enhanced Risk Profiles

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in QRAFT AI-Enhanced 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 QRAFT AI-Enhanced US?

The danger of trading QRAFT AI-Enhanced US 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 QRAFT AI-Enhanced 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 QRAFT AI-Enhanced. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile QRAFT AI-Enhanced 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 continue to Trending Equities. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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