Smartetfs Smart Transportation Etf Profile
| MOTO Etf | USD 41.01 0.33 0.80% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SmartETFs Smart is selling at 41.01 as of the 19th of April 2024; that is -0.8% down since the beginning of the trading day. The etf's open price was 41.34. SmartETFs Smart has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SmartETFs Smart Transportation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests in publicly-traded equity securities of domestic or foreign companies that are involved in the development and production of products or services for Smart Transportation, including safer, cleaner or connected vehicles and Smart Transportation companies providing transportation as a service. More on SmartETFs Smart Transportation
Moving together with SmartETFs Etf
| 0.99 | VT | Vanguard Total World | PairCorr |
| 0.99 | ACWI | iShares MSCI ACWI | PairCorr |
| 0.88 | ACWV | iShares MSCI Global | PairCorr |
| 0.94 | IOO | iShares Global 100 | PairCorr |
| 0.99 | URTH | iShares MSCI World | PairCorr |
| 0.99 | CRBN | iShares MSCI ACWI | PairCorr |
| 0.95 | GLOV | Goldman Sachs ActiveBeta | PairCorr |
Moving against SmartETFs Etf
| 0.53 | AMPD | Tidal Trust II | PairCorr |
SmartETFs 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. SmartETFs Smart's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SmartETFs Smart 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 | Athens General Composite, Strategy ETFs, Theme ETFs, Global Large-Stock Blend, SmartETFs (View all Sectors) |
| Issuer | Guinness Atkinson Asset Management |
| Inception Date | 2019-11-15 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 10.43 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Mutual Fund Administration LLC |
| Advisor | Guinness Atkinson Asset Management, Inc |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Dustin Lewellyn, Ernesto Tong, Anand Desai |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 37.0 |
| Market Maker | Jane Street |
| Total Expense | 1.51 |
| Management Fee | 0.68 |
| Country Name | USA |
| Returns Y T D | (1.13) |
| Name | SmartETFs Smart Transportation Technology ETF |
| Currency Code | USD |
| Open Figi | BBG00QVCWPK8 |
| In Threey Volatility | 25.36 |
| 1y Volatility | 26.2 |
| 200 Day M A | 41.0929 |
| 50 Day M A | 42.4459 |
| Code | MOTO |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.09 |
| Type | ETF |
SmartETFs Smart Transportation [MOTO] is traded in USA and was established 2019-11-15. The fund is listed under Global Large-Stock Blend category and is part of SmartETFs family. The entity is thematically classified as Strategy ETFs. SmartETFs Smart Tran now have 9.48 M in assets. , while the total return for the last 3 years was -1.5%.
Check SmartETFs Smart Probability Of Bankruptcy
Geographic Allocation (%)
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 SmartETFs Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SmartETFs 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 SmartETFs Smart Transportation 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.
SmartETFs Smart Tran Currency Exposure
SmartETFs Smart Transportation 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 SmartETFs Smart 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 SmartETFs Smart Transportation.
Top SmartETFs Smart Transportation Etf Constituents
| LEA | Lear Corporation | Stock | Consumer Discretionary |
| TSLA | Tesla Inc | Stock | Consumer Discretionary |
| ADI | Analog Devices | Stock | Information Technology |
| THRM | Gentherm | Stock | Consumer Discretionary |
| SWKS | Skyworks Solutions | Stock | Information Technology |
| PWR | Quanta Services | Stock | Industrials |
| POWI | Power Integrations | Stock | Information Technology |
SmartETFs Smart Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of SmartETFs Smart jumping above the current price in 90 days from now is about 65.99%. The SmartETFs Smart Transportation probability density function shows the probability of SmartETFs Smart 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 1.3885. 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, SmartETFs Smart will likely underperform. Additionally, smartETFs Smart Transportation has an alpha of 0.0019, implying that it can generate a 0.001936 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of SmartETFs Smart to move above the current price in 90 days from now is about 65.99 (This SmartETFs Smart Transportation probability density function shows the probability of SmartETFs Etf to fall within a particular range of prices over 90 days) .
SmartETFs Smart Tran Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SmartETFs Smart market risk premium is the additional return an investor will receive from holding SmartETFs Smart 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 SmartETFs Smart. 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 SmartETFs Smart's alpha and beta are two of the key measurements used to evaluate SmartETFs Smart's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0591 | |||
| Jensen Alpha | 0.0019 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0228 |
SmartETFs Smart Against Markets
Picking the right benchmark for SmartETFs Smart 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 SmartETFs Smart 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 SmartETFs Smart is critical whether you are bullish or bearish towards SmartETFs Smart Transportation at a given time. Please also check how SmartETFs Smart'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 SmartETFs Smart 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 SmartETFs Etf?
Before investing in SmartETFs Smart, 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 SmartETFs Smart. To buy SmartETFs Smart etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SmartETFs Smart. 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 SmartETFs Smart etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SmartETFs Smart Transportation 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 SmartETFs Smart Transportation 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 SmartETFs Smart Transportation, 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 SmartETFs Etf please use our How to Invest in SmartETFs Smart guide.
Already Invested in SmartETFs Smart Transportation?
The danger of trading SmartETFs Smart Transportation 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 SmartETFs Smart 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 SmartETFs Smart. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SmartETFs Smart Tran 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 SmartETFs Smart Tran offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SmartETFs Smart'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 Smartetfs Smart Transportation Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Smartetfs Smart Transportation Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SmartETFs Smart Transportation. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of SmartETFs Smart Tran is measured differently than its book value, which is the value of SmartETFs that is recorded on the company's balance sheet. Investors also form their own opinion of SmartETFs Smart's value that differs from its market value or its book value, called intrinsic value, which is SmartETFs Smart'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 SmartETFs Smart's market value can be influenced by many factors that don't directly affect SmartETFs Smart'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 SmartETFs Smart's value and its price as these two are different measures arrived at by different means. Investors typically determine if SmartETFs Smart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SmartETFs Smart'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.