Sonicshares Etf Profile

Sonicshares Global is selling for under 27.83 as of the 5th of July 2022; that is No Change since the beginning of the trading day. The etf's last reported lowest price was 27.83. Equity ratings for Sonicshares Global Shipping are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of July 2020 and ending today, the 5th of July 2022. Click here to learn more.
Sonicshares Global Shipping cannot be verified against its exchange. It appears that Sonicshares Global is not available for investing at the moment. Please verify the symbol is currently traded on NYSEArca Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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Sonicshares Global 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. Sonicshares Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sonicshares Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Sonicshares Global is not yet fully synchronised with the market data
Sonicshares Global has some characteristics of a very speculative penny stock
The fund holds 99.92% 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 Sonicshares Global's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
IssuerToroso Investments
DescriptionSonicShares Global Shipping ETF
Inception Date2021-08-03
BenchmarkSolactive Global Shipping Index
Entity TypeRegulated Investment Company
Asset Under Management24.01 Million
Asset TypeEquity
CategorySector
FocusIndustrials
Market ConcentrationBlended Development
RegionGlobal
AdministratorTidal ETF Services LLC
AdvisorToroso Investments, LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerMichael Venuto, Charles A. Ragauss
Transfer AgentGlobal Fund Services
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents57.0
Market MakerGTS
Total Expense0.69
Management Fee0.69
Nav Price33.44
Two Hundred Day Average30.91
Ytd12.17%
Average Daily Volume In Three Month33.72k
Fifty Two Week Low24.49
As Of Date11th of May 2022
Average Daily Volume Last 10 Day19.26k
Fifty Two Week High37.76
One Month4.21%
Fifty Day Average33.06
Three Month3.80%
Sonicshares Global Shipping [BOAT] is traded in USA and was established 2021-08-03. The fund is listed under Industrials category and is part of SonicShares family. Sonicshares Global currently have 32.23 M in assets under management (AUM).
Check Sonicshares Global Probability Of Bankruptcy

Sonicshares Global Currency Exposure (%)

Sonicshares Global Against Markets

Picking the right benchmark for Sonicshares Global 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 Sonicshares Global 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 Sonicshares Global is critical whether you are bullish or bearish towards Sonicshares Global Shipping at a given time.
Sonicshares Global Shipping cannot be verified against its exchange. It appears that Sonicshares Global is not available for investing at the moment. Please verify the symbol is currently traded on NYSEArca Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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Try Other Etf Suggestions

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sonicshares Global etf to make a market-neutral strategy. Peer analysis of Sonicshares Global could also be used in its relative valuation, which is a method of valuing Sonicshares Global by comparing valuation metrics with similar companies.

Investing Sonicshares Global Shipping

You need to understand the risk of investing before taking a position in Sonicshares Global. The danger of trading Sonicshares Global Shipping 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 Sonicshares Global 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 Sonicshares Global. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sonicshares Global 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.
Continue to Trending Equities. Note that the Sonicshares Global information on this page should be used as a complementary analysis to other Sonicshares Global's 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Other Tools for Sonicshares Etf

When running Sonicshares Global price analysis, check to measure Sonicshares Global'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 Sonicshares Global is operating at the current time. Most of Sonicshares Global's value examination focuses on studying past and present price action to predict the probability of Sonicshares Global's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Sonicshares Global's price. Additionally, you may evaluate how the addition of Sonicshares Global to your portfolios can decrease your overall portfolio volatility.
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