Oneascent Etf Profile


USD 23.55  0.13  0.56%   

Market Performance
0 of 100
Oneascent Core is selling at 23.55 as of the 30th of June 2022; that is 0.56 percent increase since the beginning of the trading day. The etf's last reported lowest price was 23.52. Oneascent Core has 50 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 Oneascent Core Plus are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of July 2021 and ending today, the 30th of June 2022. Click here to learn more.

Oneascent Core 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. Oneascent Core's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oneascent Core or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Oneascent Core Plus generated a negative expected return over the last 90 days
On 27th of May 2022 Oneascent Core paid $ 0.048 per share dividend to its current shareholders
The fund maintains about 17.44% of its assets in bonds
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 Oneascent Core's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
DescriptionOneAscent Core Plus Bond ETF
Inception Date2022-03-30
Entity TypeRegulated Investment Company
Asset Under Management108.53 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusBroad Debt
Market ConcentrationBlended Development
AdministratorUltimus Fund Solutions, LLC
AdvisorOneAscent Investment Solutions, LLC
CustodianBrown Brothers Harriman & Co.
DistributorNorthern Lights Distributors, LLC
Portfolio ManagerStephen Liberatore, Jessica Zarzycki, Christopher Williams
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Total Expense0.79
Management Fee0.5
Nav Price23.83
Two Hundred Day Average23.99
Average Daily Volume In Three Month91.25k
Fifty Two Week Low22.96
As Of Date11th of May 2022
Average Daily Volume Last 10 Day9.89k
Fifty Two Week High25.11
One Month-1.75%
Fifty Day Average23.86
Oneascent Core Plus [OACP] is traded in USA and was established 2022-03-30. The fund is listed under OneAscent Investment ETF family. Oneascent Core Plus now have 110.33 M in assets.
Check Oneascent Core Probability Of Bankruptcy

Oneascent Core Target Price Odds Analysis

What are Oneascent Core's target price odds to finish over the current price? Contingent on a normal probability distribution, the odds of Oneascent Core jumping above the current price in 90 days from now is about 81.16%. The Oneascent Core Plus probability density function shows the probability of Oneascent Core etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Oneascent Core has a beta of 0.1307. This indicates as returns on the market go up, Oneascent Core average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oneascent Core Plus will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Oneascent Core Plus is significantly underperforming DOW.
  Odds Below 23.55HorizonTargetOdds Above 23.55
18.45%90 days
Based on a normal probability distribution, the odds of Oneascent Core to move above the current price in 90 days from now is about 81.16 (This Oneascent Core Plus probability density function shows the probability of Oneascent Etf to fall within a particular range of prices over 90 days) .

Oneascent Core Plus Risk Profiles

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

Oneascent Core Plus Technical Analysis

The output start index for this execution was zero with a total number of output elements of sixty-one. Oneascent Core Plus Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Oneascent Core price patterns.

Oneascent Core Against Markets

Picking the right benchmark for Oneascent Core 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 Oneascent Core 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 Oneascent Core is critical whether you are bullish or bearish towards Oneascent Core Plus at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Oneascent Core 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 Oneascent Core Plus

You need to understand the risk of investing before taking a position in Oneascent Core. The danger of trading Oneascent Core Plus 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 Oneascent Core 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 Oneascent Core. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oneascent Core Plus 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 Your Equity Center. Note that the Oneascent Core Plus information on this page should be used as a complementary analysis to other Oneascent Core'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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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