De-Spac Etf Profile

DSPC
 Etf
  

USD 6.23  0.0033  0.05%   

Market Performance
0 of 100
Odds Of Distress
Over 68
De-Spac ETF is trading at 6.23 as of the 26th of November 2022, a 0.05 percent up since the beginning of the trading day. The etf's open price was 6.2267. De-Spac ETF has more than 68 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for The De-Spac ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of July 2021 and ending today, the 26th of November 2022. Click here to learn more.
The adviser attempts to replicate the index by investing all, or substantially all , of its net assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. De-Spac ETF is traded on NASDAQ Exchange in the United States.. More on The De-Spac ETF

Moving against De-Spac ETF

-0.6VBBVALKYRIE BALANCE SHEET DelistingPairCorr

De-Spac ETF 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. De-Spac ETF's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding De-Spac ETF or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
De-Spac ETF generated a negative expected return over the last 90 days
De-Spac ETF has high historical volatility and very poor performance
De-Spac ETF has high likelihood to experience some financial distress in the next 2 years
The fund retains 94.97% of its assets under management (AUM) in equities
Thematic IdeaSmall Growth (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 De-Spac ETF's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
IssuerAXS Investments
Inception Date2021-05-19
BenchmarkThe De-SPAC Index
Entity TypeRegulated Investment Company
Asset Under Management644,638.47
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorUMB Fund Services, Inc.
AdvisorAXS Investments LLC
CustodianBrown Brothers Harriman & Co.
DistributorIMST Distributors, LLC
Portfolio ManagerMatthew Tuttle, Parker Binion
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End30-Sep
ExchangeNASDAQ
Number of Constituents26.0
Market MakerFlow Traders
Total Expense2.12
Management Fee0.75
Nav Price6.79
Two Hundred Day Average9.15
Ytd-63.81%
Average Daily Volume In Three Month237
Fifty Two Week Low5.64
As Of Date25th of October 2022
Average Daily Volume Last 10 Day100.0
Fifty Two Week High25.01
One Month5.97%
Fifty Day Average6.68
Three Month1.47%
The De-Spac ETF [DSPC] is traded in USA and was established 2021-05-18. The fund is listed under Small Growth category and is part of AXS family. The entity is thematically classified as Small Growth. De-Spac ETF currently have 646.61 K in assets under management (AUM). , while the total return for the last year was -70.6%.
Check De-Spac ETF 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 De-Spac Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding De-Spac 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 The De-Spac ETF 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 The De-Spac ETF Constituents

De-Spac ETF Target Price Odds Analysis

What are De-Spac ETF's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of De-Spac ETF jumping above the current price in 90 days from now is about 84.13%. The The De-Spac ETF probability density function shows the probability of De-Spac ETF 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 1.3319 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, De-Spac ETF will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. De-Spac ETF is significantly underperforming DOW.
  Odds Below 6.23HorizonTargetOdds Above 6.23
15.77%90 days
 6.23 
84.13%
Based on a normal probability distribution, the odds of De-Spac ETF to move above the current price in 90 days from now is about 84.13 (This The De-Spac ETF probability density function shows the probability of De-Spac Etf to fall within a particular range of prices over 90 days) .

De-Spac ETF Major Institutional Holders

Institutional Holdings refers to the ownership stake in De-Spac ETF that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of De-Spac ETF'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 De-Spac ETF's value.
InstituionSecurity TypeTotal SharesValue
Ubs Group AgFund Units533K
National Bank Of CanadaPut Options126353 K
Concourse Financial Group Securities IncCall Options0.00.0
View De-Spac ETF Diagnostics

De-Spac ETF Risk Profiles

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

De-Spac ETF Against Markets

Picking the right benchmark for De-Spac ETF 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 De-Spac ETF 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 De-Spac ETF is critical whether you are bullish or bearish towards The De-Spac ETF at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in De-Spac ETF 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 The De-Spac ETF?

The danger of trading The De-Spac ETF 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 De-Spac ETF 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 De-Spac ETF. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile De-Spac ETF 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.
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The market value of De-Spac ETF is measured differently than its book value, which is the value of De-Spac that is recorded on the company's balance sheet. Investors also form their own opinion of De-Spac ETF's value that differs from its market value or its book value, called intrinsic value, which is De-Spac ETF'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 De-Spac ETF's market value can be influenced by many factors that don't directly affect De-Spac ETF'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 De-Spac ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine De-Spac ETF value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, De-Spac ETF'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.