Two Roads Shared Etf Profile
| SQEW Etf | USD 31.17 0.02 0.06% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Two Roads is selling for under 31.17 as of the 2nd of May 2024; that is -0.06 percent decrease since the beginning of the trading day. The etf's lowest day price was 31.12. Two Roads has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Two Roads Shared are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of March 2024 and ending today, the 2nd of May 2024. Click here to learn more.
The fund is an actively managed exchange traded fund that normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in equity securities. Leadershares Equity is traded on NYSEARCA Exchange in the United States. More on Two Roads Shared
Moving together with Two Etf
| 0.91 | VO | Vanguard Mid Cap | PairCorr |
| 0.98 | VXF | Vanguard Extended Market | PairCorr |
| 0.87 | IJH | iShares Core SP | PairCorr |
| 0.93 | IWR | iShares Russell Mid Sell-off Trend | PairCorr |
| 0.87 | MDY | SPDR SP MIDCAP | PairCorr |
| 0.94 | FV | First Trust Dorsey | PairCorr |
| 0.91 | IVOO | Vanguard SP Mid | PairCorr |
Two 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. Two Roads' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Two Roads 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, Broad Equity ETFs, Mid-Cap Blend, LeaderShares (View all Sectors) |
| Issuer | Redwood Investment Management |
| Inception Date | 2020-05-12 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 119.19 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Ultimus Fund Solutions, LLC |
| Advisor | Redwood Investment Management, LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Northern Lights Distributors, LLC |
| Portfolio Manager | Michael T. Messinger, Richard M. Duff, Michael T. Cheung |
| Transfer Agent | Ultimus Fund Solutions, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 156 |
| Market Maker | Virtu Financial |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | (0.1) |
| Name | Two Roads Shared Trust - LeaderShares Equity Skew ETF |
| Currency Code | USD |
| Open Figi | BBG00TSFR093 |
| In Threey Volatility | 17.31 |
| 1y Volatility | 15.7 |
| 200 Day M A | 30.4205 |
| 50 Day M A | 31.7711 |
| Code | SQEW |
| Updated At | 1st of May 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.04) |
| Type | ETF |
Two Roads Shared [SQEW] is traded in USA and was established 2020-05-12. The fund is listed under Mid-Cap Blend category and is part of LeaderShares family. The entity is thematically classified as Strategy ETFs. Two Roads Shared at this time have 115.22 M in assets. , while the total return for the last 3 years was -1.4%.
Check Two Roads 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 Two Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Two 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 Two Roads Shared 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 Two Roads Shared Etf Constituents
| MSFT | Microsoft | Stock | Information Technology |
| XOM | Exxon Mobil Corp | Stock | Energy |
| WMT | Walmart | Stock | Consumer Staples |
| V | Visa Class A | Stock | Financials |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
| SPYV | SPDR Portfolio SP | Etf | Large Value |
| SPYG | SPDR Portfolio SP | Etf | Large Growth |
Two Roads Target Price Odds Analysis
Depending on a normal probability distribution, the odds of Two Roads jumping above the current price in 90 days from now is about 80.13%. The Two Roads Shared probability density function shows the probability of Two Roads 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 1.2439. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Two Roads will likely underperform. Additionally, two Roads Shared 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 Two Roads to move above the current price in 90 days from now is about 80.13 (This Two Roads Shared probability density function shows the probability of Two Etf to fall within a particular range of prices over 90 days) .
Two Roads Top Holders
| RWSNX | Redwood Systematic Macro | Mutual Fund | Tactical Allocation |
| RWSIX | Redwood Systematic Macro | Mutual Fund | Tactical Allocation |
Two Roads Shared Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Two Roads market risk premium is the additional return an investor will receive from holding Two Roads 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 Two Roads. 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 Two Roads' alpha and beta are two of the key measurements used to evaluate Two Roads' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0111 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.05) |
Two Roads Against Markets
Picking the right benchmark for Two Roads 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 Two Roads 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 Two Roads is critical whether you are bullish or bearish towards Two Roads Shared at a given time. Please also check how Two Roads' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Two Roads 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.Did you try this?
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| All Next | Launch Module |
How to buy Two Etf?
Before investing in Two Roads, 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 Two Roads. To buy Two Roads etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Two Roads. 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 Two Roads etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Two Roads Shared 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 Two Roads Shared 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 Two Roads Shared, 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 Two Etf please use our How to Invest in Two Roads guide.
Already Invested in Two Roads Shared?
The danger of trading Two Roads Shared 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 Two Roads 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 Two Roads. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Two Roads Shared 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 Two Roads Shared is a strong investment it is important to analyze Two Roads' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Two Roads' future performance. For an informed investment choice regarding Two Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Two Roads Shared. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Two Roads Shared information on this page should be used as a complementary analysis to other Two Roads' 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 the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of Two Roads Shared is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Roads' value that differs from its market value or its book value, called intrinsic value, which is Two Roads' 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 Two Roads' market value can be influenced by many factors that don't directly affect Two Roads' 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 Two Roads' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Roads is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Roads' 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.