Wbi Power Factor Etf Profile

WBIY Etf  USD 30.48  0.28  0.93%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
WBI Power is trading at 30.48 as of the 28th of March 2024; that is 0.93 percent up since the beginning of the trading day. The etf's open price was 30.2. WBI Power has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for WBI Power Factor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Under normal circumstances the fund will invest at least 80 percent of its total assets in the securities of the underlying index. WBI Largecap is traded on NYSEARCA Exchange in the United States. More on WBI Power Factor

Moving together with WBI Etf

  0.89VOE Vanguard Mid-Cap ValuePairCorr
  0.93SDY SPDR SP DividendPairCorr
  0.85IWS IShares Russell Mid-CapPairCorr
  0.87COWZ Pacer US Cash Low VolatilityPairCorr
  0.95IJJ IShares SP Mid-CapPairCorr
  0.94DON WisdomTree US MidCapPairCorr
  0.95MDYV SPDR SP 400PairCorr

WBI 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. WBI Power's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WBI Power 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 ConcentrationStrategy ETFs, High Dividend Yield ETFs, Mid-Cap Value, WBI Investments (View all Sectors)
IssuerWBI
Inception Date2016-12-19
BenchmarkSolactive Power Factor High Dividend Index
Entity TypeRegulated Investment Company
Asset Under Management65.06 Million
Average Trading Valume18,469.7
Asset TypeEquity
CategoryStrategy
FocusHigh Dividend Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorMillington Securities, Inc.
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerGary E. Stroik, Don Schreiber Jr
Transfer AgentU.S. Bank, N.A.
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents51.0
Market MakerJane Street
Total Expense0.98
Management Fee0.55
Country NameUSA
Returns Y T D3.99
NameWBI Power Factor High Dividend ETF
Currency CodeUSD
Open FigiBBG00FFG9CJ8
In Threey Volatility20.81
1y Volatility20.6
200 Day M A27.0899
50 Day M A28.8345
CodeWBIY
Updated At27th of March 2024
Currency NameUS Dollar
WBI Power Factor [WBIY] is traded in USA and was established 2016-12-19. The fund is listed under Mid-Cap Value category and is part of WBI Investments family. The entity is thematically classified as Strategy ETFs. WBI Power Factor at this time have 66.52 M in net assets. , while the total return for the last 3 years was 8.2%.
Check WBI Power Probability Of Bankruptcy

Top WBI Power Factor Etf Constituents

SLBSchlumberger NVStockEnergy
MOAltria GroupStockConsumer Staples
SOSouthern CompanyStockUtilities
CVXChevron CorpStockEnergy
PBFPBF EnergyStockEnergy
NYCBNew York CommunityStockFinancials
COPConocoPhillipsStockEnergy
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WBI Power Target Price Odds Analysis

Based on a normal probability distribution, the odds of WBI Power jumping above the current price in 90 days from now is near 1%. The WBI Power Factor probability density function shows the probability of WBI Power 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 1.1306. This entails WBI Power Factor market returns are sensitive to returns on the market. As the market goes up or down, WBI Power is expected to follow. Additionally, wBI Power Factor has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 30.48HorizonTargetOdds Above 30.48
99.86%90 days
 30.48 
0.13%
Based on a normal probability distribution, the odds of WBI Power to move above the current price in 90 days from now is near 1 (This WBI Power Factor probability density function shows the probability of WBI Etf to fall within a particular range of prices over 90 days) .

WBI Power Factor Risk Profiles

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

WBI Power Against Markets

Picking the right benchmark for WBI Power 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 WBI Power 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 WBI Power is critical whether you are bullish or bearish towards WBI Power Factor at a given time. Please also check how WBI Power'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 WBI Power 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.

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How to buy WBI Etf?

Before investing in WBI Power, 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 WBI Power. To buy WBI Power etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of WBI Power. 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 WBI Power etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located WBI Power Factor 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 WBI Power Factor 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 WBI Power Factor, 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 WBI Etf please use our How to Invest in WBI Power guide.

Already Invested in WBI Power Factor?

The danger of trading WBI Power Factor 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 WBI Power 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 WBI Power. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WBI Power Factor 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 WBI Power Factor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WBI Power'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 Wbi Power Factor Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Wbi Power Factor Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WBI Power Factor. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
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Complementary Tools for WBI Etf analysis

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