Musq Global Music Etf Profile
| MUSQ Etf | 25.75 0.15 0.59% |
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Musq Global is selling at 25.75 as of the 8th of May 2024; that is 0.59 percent up since the beginning of the trading day. The etf's last reported lowest price was 25.69. Musq Global has 50 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 Musq Global Music are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of March 2024 and ending today, the 8th of May 2024. Click here to learn more.
Musq 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. Musq Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Musq Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs (View all Sectors) |
| Issuer | Exchange Traded Concepts |
| Inception Date | 2023-07-06 |
| Benchmark | MUSQ Global Music Industry Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 21.99 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | SEI Investments Global Funds Services |
| Advisor | Exchange Traded Concepts, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Andrew Serowik, Todd Alberico, Gabriel Tan, Brian Cooper |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 45.0 |
| Market Maker | GTS |
| Total Expense | 0.92 |
| Management Fee | 0.89 |
| 200 Day M A | 24.3622 |
| Country Name | USA |
| 50 Day M A | 24.9203 |
| Code | MUSQ |
| Name | Musq Global Music Industry ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01H8TP7G9 |
| Type | ETF |
Musq Global Music [MUSQ] is traded in USA and was established null. The fund is not categorized under any group at this time. The fund now have in assets. with the current yeild of 0.01%.
Check Musq Global Probability Of Bankruptcy
Geographic Allocation (%)
Musq Global Music Currency Exposure
Musq Global Music holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Musq Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Musq Global Music.
Top Musq Global Music Etf Constituents
| SPOT | Spotify Technology SA | Stock | Communication Services |
| SONG | Hipgnosis Songs | Stock | Financials |
| TME | Tencent Music Entertainment | Stock | Communication Services |
| UMG | Universal Music Group | Stock | Entertainment |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
| AAPL | Apple Inc | Stock | Information Technology |
| SONY | Sony Group Corp | Stock | Consumer Discretionary |
Musq Global Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Musq Global jumping above the current price in 90 days from now is near 1%. The Musq Global Music probability density function shows the probability of Musq Global 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 1.1557. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Musq Global will likely underperform. Additionally, musq Global Music has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Musq Global to move above the current price in 90 days from now is near 1 (This Musq Global Music probability density function shows the probability of Musq Etf to fall within a particular range of prices over 90 days) .
Musq Global Music Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Musq Global market risk premium is the additional return an investor will receive from holding Musq Global 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 Musq Global. 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 Musq Global's alpha and beta are two of the key measurements used to evaluate Musq Global's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0479 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.01) |
Musq Global Against Markets
Picking the right benchmark for Musq 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 Musq 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 Musq Global is critical whether you are bullish or bearish towards Musq Global Music at a given time. Please also check how Musq Global's historical prices are related to one of the top price index indicators.
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How to buy Musq Etf?
Before investing in Musq Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Musq Global. To buy Musq Global etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Musq Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Musq Global etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Musq Global Music etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Musq Global Music etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Musq Global Music, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Musq Etf please use our How to Invest in Musq Global guide.
Already Invested in Musq Global Music?
The danger of trading Musq Global Music 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 Musq 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 Musq Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Musq Global Music 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.
When determining whether Musq Global Music is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Musq Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Musq Global Music Etf. Highlighted below are key reports to facilitate an investment decision about Musq Global Music Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Musq Global Music. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of Musq Global Music is measured differently than its book value, which is the value of Musq that is recorded on the company's balance sheet. Investors also form their own opinion of Musq Global's value that differs from its market value or its book value, called intrinsic value, which is Musq Global'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 Musq Global's market value can be influenced by many factors that don't directly affect Musq Global'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 Musq Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Musq Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Musq Global'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.