ETFMG Etf Profile

HACK -  USA Etf  

USD 45.79  0.91  1.95%

Market Performance
0 of 100
Odds Of Distress
Less than 45
ETFMG Prime is trading at 45.79 as of the 25th of May 2022. This is a -1.95 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 45.38. ETFMG Prime has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for ETFMG Prime Cyber are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2022 and ending today, the 25th of May 2022. Click here to learn more.
The index tracks the performance of the exchange-listed equity securities of companies across the globe that engage in providing cyber defense applications or services as a vital component of its overall business or provide hardware or software for cyber defense activities as a vital component of its overall business. More on ETFMG Prime Cyber

ETFMG Prime 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. ETFMG Prime's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ETFMG Prime or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ETFMG Prime Cyber generated a negative expected return over the last 90 days
The fund retains 94.83% 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 ETFMG Prime's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerETF Managers Group
DescriptionETFMG Prime Cyber Security ETF
Inception Date2014-11-11
BenchmarkPrime Cyber Defense Index
Entity TypeRegulated Investment Company
Average Trading Valume260,404.8
Asset TypeEquity
CategorySector
FocusTechnology
Market ConcentrationBlended Development
RegionGlobal
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorETF Managers Group, LLC
CustodianU.S. Bank, N.A.
DistributorETFMG Financial LLC
Portfolio ManagerSamuel R. Masucci, Travis E. Trampe
Transfer AgentU.S. Bank, N.A.
Fiscal Year End30-Nov
ExchangeNYSE Arca, Inc.
Number of Constituents70.0
Market MakerVirtu Financial
Total Expense0.6
Management Fee0.6
Nav Price47.11
Two Hundred Day Average59.2
Ytd-26.93%
Average Daily Volume In Three Month268.05k
Fifty Two Week Low44.16
As Of Date11th of May 2022
Average Daily Volume Last 10 Day286.9k
Fifty Two Week High67.97
One Month-21.52%
Fifty Day Average54.09
Three Month-19.01%
Beta In Three Year1.01
ETFMG Prime Cyber [HACK] is traded in USA and was established 2014-11-11. The fund is listed under Technology category and is part of ETFMG family. ETFMG Prime Cyber currently have 1.89 B in assets under management (AUM). , while the total return for the last 3 years was 4.99%.
Check ETFMG Prime 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 ETFMG Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ETFMG Prime , and the less return is expected.

ETFMG Prime Cyber Currency Exposure (%)

Top ETFMG Prime Cyber Constituents

ETFMG Prime Target Price Odds Analysis

What are ETFMG Prime's target price odds to finish over the current price? Coming from a normal probability distribution, the odds of ETFMG Prime jumping above the current price in 90 days from now is roughly 97.0%. The ETFMG Prime Cyber probability density function shows the probability of ETFMG Prime 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 1.1027. This usually indicates ETFMG Prime Cyber market returns are responsive to returns on the market. As the market goes up or down, ETFMG Prime is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ETFMG Prime Cyber is significantly underperforming DOW.
  Odds Below 45.79HorizonTargetOdds Above 45.79
3.26%90 days
 45.79 
96.71%
Based on a normal probability distribution, the odds of ETFMG Prime to move above the current price in 90 days from now is roughly 97.0 (This ETFMG Prime Cyber probability density function shows the probability of ETFMG Etf to fall within a particular range of prices over 90 days) .

ETFMG Prime Top Holders

ETFMG Prime Cyber Risk Profiles

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

ETFMG Prime Cyber Technical Analysis

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

Picking the right benchmark for ETFMG Prime 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 ETFMG Prime 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 ETFMG Prime is critical whether you are bullish or bearish towards ETFMG Prime Cyber at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ETFMG Prime without increasing your portfolio risk or giving up 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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Investing ETFMG Prime Cyber

You need to understand the risk of investing before taking a position in ETFMG Prime. The danger of trading ETFMG Prime Cyber 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 ETFMG Prime 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 ETFMG Prime. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ETFMG Prime Cyber 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 check Risk vs Return Analysis. Note that the ETFMG Prime Cyber information on this page should be used as a complementary analysis to other ETFMG Prime'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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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