Siren Nasdaq Nexgen Etf Profile
| BLCN Etf | USD 24.54 0.91 3.58% |
Performance4 of 100
| Odds Of DistressLess than 10
|
Siren Nasdaq is selling at 24.54 as of the 18th of April 2024; that is -3.58 percent decrease since the beginning of the trading day. The etf's open price was 25.45. Siren Nasdaq has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Siren Nasdaq NexGen are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds assets, will be invested in component securities of the index. Siren Nasdaq is traded on NASDAQ Exchange in the United States. More on Siren Nasdaq NexGen
Moving together with Siren Etf
| 0.93 | BITO | ProShares Bitcoin | PairCorr |
| 0.98 | BLOK | Amplify Transformational | PairCorr |
| 0.93 | LEGR | First Trust Indxx | PairCorr |
| 0.91 | BITQ | Bitwise Crypto Industry | PairCorr |
| 0.96 | SPBC | Simplify Equity PLUS | PairCorr |
| 0.88 | DAPP | VanEck Digital Trans | PairCorr |
Siren 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. Siren Nasdaq's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Siren Nasdaq 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, Digital Assets, SRN Advisors (View all Sectors) |
| Issuer | SRN Advisors |
| Inception Date | 2018-01-17 |
| Benchmark | Reality Shares NASDAQ Blockchain Economy Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 72.22 Million |
| Average Trading Valume | 17,961.4 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | SRN ADVISORS, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Scott Freeze |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 59.0 |
| Market Maker | GTS |
| Total Expense | 0.68 |
| Management Fee | 0.68 |
| Country Name | USA |
| Returns Y T D | 4.35 |
| Name | Siren Nasdaq NexGen Economy ETF |
| Currency Code | USD |
| Open Figi | BBG00JRQRS37 |
| In Threey Volatility | 30.53 |
| 1y Volatility | 32.05 |
| 200 Day M A | 22.5807 |
| 50 Day M A | 26.4172 |
| Code | BLCN |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
Siren Nasdaq NexGen [BLCN] is traded in USA and was established 2018-01-16. The fund is listed under Digital Assets category and is part of SRN Advisors family. The entity is thematically classified as Strategy ETFs. Siren Nasdaq NexGen currently have 103.72 M in assets under management (AUM). , while the total return for the last 3 years was -19.1%.
Check Siren Nasdaq Probability Of Bankruptcy
Geographic Allocation (%)
Siren Nasdaq NexGen Currency Exposure
Siren Nasdaq NexGen 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 Siren Nasdaq 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 Siren Nasdaq NexGen.
Top Siren Nasdaq NexGen Etf Constituents
| CAN | Canaan Inc | Stock | Information Technology |
| NDAQ | Nasdaq Inc | Stock | Financials |
| OSTK | Overstockcom | Stock | Consumer Discretionary |
| BIDU | Baidu Inc | Stock | Communication Services |
| NTES | NetEase | Stock | Communication Services |
| MARA | Marathon Digital Holdings | Stock | Information Technology |
| NVDA | NVIDIA | Stock | Information Technology |
Siren Nasdaq Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Siren Nasdaq jumping above the current price in 90 days from now is about 70.87%. The Siren Nasdaq NexGen probability density function shows the probability of Siren Nasdaq etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Siren Nasdaq has a beta of 0.4157 suggesting as returns on the market go up, Siren Nasdaq average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Siren Nasdaq NexGen will be expected to be much smaller as well. Additionally, siren Nasdaq NexGen has an alpha of 0.1018, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Siren Nasdaq to move above the current price in 90 days from now is about 70.87 (This Siren Nasdaq NexGen probability density function shows the probability of Siren Etf to fall within a particular range of prices over 90 days) .
Siren Nasdaq NexGen Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Siren Nasdaq market risk premium is the additional return an investor will receive from holding Siren Nasdaq 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 Siren Nasdaq. 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 Siren Nasdaq's alpha and beta are two of the key measurements used to evaluate Siren Nasdaq's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0451 | |||
| Jensen Alpha | 0.1018 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0392 |
Siren Nasdaq Against Markets
Picking the right benchmark for Siren Nasdaq 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 Siren Nasdaq 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 Siren Nasdaq is critical whether you are bullish or bearish towards Siren Nasdaq NexGen at a given time. Please also check how Siren Nasdaq's 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 Siren Nasdaq 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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How to buy Siren Etf?
Before investing in Siren Nasdaq, 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 Siren Nasdaq. To buy Siren Nasdaq etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Siren Nasdaq. 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 Siren Nasdaq etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Siren Nasdaq NexGen 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 Siren Nasdaq NexGen 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 Siren Nasdaq NexGen, 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 Siren Etf please use our How to Invest in Siren Nasdaq guide.
Already Invested in Siren Nasdaq NexGen?
The danger of trading Siren Nasdaq NexGen 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 Siren Nasdaq 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 Siren Nasdaq. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Siren Nasdaq NexGen 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 Siren Nasdaq NexGen offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Siren Nasdaq's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Siren Nasdaq Nexgen Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Siren Nasdaq Nexgen Etf: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Siren Nasdaq NexGen. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Siren Nasdaq NexGen information on this page should be used as a complementary analysis to other Siren Nasdaq'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 the CEOs Directory module to screen CEOs from public companies around the world.
The market value of Siren Nasdaq NexGen is measured differently than its book value, which is the value of Siren that is recorded on the company's balance sheet. Investors also form their own opinion of Siren Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Siren Nasdaq'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 Siren Nasdaq's market value can be influenced by many factors that don't directly affect Siren Nasdaq'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 Siren Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siren Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siren Nasdaq'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.