2ndVote Etf Profile

LYFE
 Etf
  

USD 30.70  0.66  2.10%   

Market Performance
1 of 100
Odds Of Distress
Less than 48
2ndVote Life is trading at 30.70 as of the 7th of December 2022, a -2.1 percent decrease since the beginning of the trading day. The etf's lowest day price was 30.7. 2ndVote Life has 48 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 2ndVote Life Neutral are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of November 2022 and ending today, the 7th of December 2022. Click here to learn more.
Under normal circumstances, the fund seeks to meet its investment objective by primarily investing its net assets, plus borrowings for investment purposes, if any, in the equity securities of large- and mid- capitalization companies domiciled in the U.S. The company has 199.05 M outstanding shares. More on 2ndVote Life Neutral

Moving together with 2ndVote Life

+0.68IAUFIShares Gold Strategy Low VolatilityPairCorr
+0.76AAAlcoa Corp Buyout TrendPairCorr
+0.83KOCoca-Cola Aggressive PushPairCorr

2ndVote Life 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. 2ndVote Life's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 2ndVote Life or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The company currently holds 341.47 K in liabilities. 2ndVote Life Neutral has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist 2ndVote Life until it has trouble settling it off, either with new capital or with free cash flow. So, 2ndVote Life's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like 2ndVote Life Neutral sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 2ndVote to invest in growth at high rates of return. When we think about 2ndVote Life's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 92.03 K. Net Loss for the year was (1.77 M) with profit before overhead, payroll, taxes, and interest of 91.33 K.
2ndVote Life Neutral currently holds about 18 in cash with (451.77 K) of positive cash flow from operations.
Roughly 41.0% of the company outstanding shares are owned by corporate insiders
The fund maintains 98.08% of its assets in stocks
CEOGarrett Daw
Thematic IdeaMusic and Video (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 2ndVote Life's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Issuer2ndVote Funds
Inception Date2020-11-18
Entity TypeRegulated Investment Company
Asset Under Management17.65 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
Advisor2nd Vote Advisers, LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerDavid Jeffress, Arthur B. Laffer, Jr., Nancy Tengler
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End30-Jun
ExchangeCboe BZX Exchange, Inc.
Number of Constituents33.0
Market MakerLatour Trading
Total Expense0.75
Management Fee0.75
Nav Price29.72
Two Hundred Day Average30.0
Ytd-11.67%
Average Daily Volume In Three Month1.84k
Fifty Two Week Low26.76
As Of Date25th of October 2022
Average Daily Volume Last 10 Day2.35k
Fifty Two Week High34.04
One Month7.62%
Fifty Day Average29.33
Three Month3.05%
2ndVote Life Neutral [LYFE] is traded in USA and was established 2020-11-17. The fund is listed under Large Blend category and is part of 2nd Vote Funds family. The entity is thematically classified as Music and Video. 2ndVote Life Neutral now have 15.02 M in assets. , while the total return for the last year was -7.07%. 2ndVote Life Neutral currently holds about 18 in cash with (451.77 K) of positive cash flow from operations.
Check 2ndVote Life Probability Of Bankruptcy

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 2ndVote Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding 2ndVote 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 2ndVote Life Neutral 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 2ndVote Life Neutral Etf Constituents

2ndVote Life Target Price Odds Analysis

What are 2ndVote Life's target price odds to finish over the current price? Based on a normal probability distribution, the odds of 2ndVote Life jumping above the current price in 90 days from now is about 16.07%. The 2ndVote Life Neutral probability density function shows the probability of 2ndVote Life etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days 2ndVote Life has a beta of 0.0595. This indicates as returns on the market go up, 2ndVote Life average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding 2ndVote Life Neutral will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0783, implying that it can generate a 0.0783 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 30.7HorizonTargetOdds Above 30.7
83.76%90 days
 30.70 
16.07%
Based on a normal probability distribution, the odds of 2ndVote Life to move above the current price in 90 days from now is about 16.07 (This 2ndVote Life Neutral probability density function shows the probability of 2ndVote Etf to fall within a particular range of prices over 90 days) .

2ndVote Life Neutral Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. 2ndVote Life market risk premium is the additional return an investor will receive from holding 2ndVote Life 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 2ndVote Life. 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 2ndVote Life's alpha and beta are two of the key measurements used to evaluate 2ndVote Life's performance over the market, the standard measures of volatility play an important role as well.

2ndVote Life Against Markets

Picking the right benchmark for 2ndVote Life 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 2ndVote Life 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 2ndVote Life is critical whether you are bullish or bearish towards 2ndVote Life Neutral at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in 2ndVote Life 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 2ndVote Life Neutral?

The danger of trading 2ndVote Life Neutral 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 2ndVote Life 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 2ndVote Life. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile 2ndVote Life Neutral 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, see Correlation Analysis. Note that the 2ndVote Life Neutral information on this page should be used as a complementary analysis to other 2ndVote Life'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running 2ndVote Life Neutral price analysis, check to measure 2ndVote Life'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 2ndVote Life is operating at the current time. Most of 2ndVote Life's value examination focuses on studying past and present price action to predict the probability of 2ndVote Life's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 2ndVote Life's price. Additionally, you may evaluate how the addition of 2ndVote Life to your portfolios can decrease your overall portfolio volatility.
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The market value of 2ndVote Life Neutral is measured differently than its book value, which is the value of 2ndVote that is recorded on the company's balance sheet. Investors also form their own opinion of 2ndVote Life's value that differs from its market value or its book value, called intrinsic value, which is 2ndVote Life'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 2ndVote Life's market value can be influenced by many factors that don't directly affect 2ndVote Life'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 2ndVote Life's value and its price as these two are different measures arrived at by different means. Investors typically determine 2ndVote Life value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2ndVote Life'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.