Precidian Etfs Trust Etf Profile
| ASMH Etf | 46.43 1.55 3.23% |
PerformanceVery Weak
|
Precidian ETFs is trading at 46.43 as of the 4th of May 2025. This is a 3.23 percent down since the beginning of the trading day. The etf's open price was 47.98. Precidian ETFs has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. The performance scores are derived for the period starting the 3rd of February 2025 and ending today, the 4th of May 2025. Click here to learn more.
Precidian Etf Highlights
| Thematic Idea | Single Stock ETFs (View all Themes) |
| Business Concentration | Single Stock ETFs (View all Sectors) |
| Issuer | Precidian Funds |
| Inception Date | 2025-03-13 |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Single Stock |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Precidian Funds, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Daniel McCabe, Mark Criscitello |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Exchange | NYSE Arca, Inc. |
| Total Expense | 0.19 |
| Management Fee | 0.17 |
| Country Name | USA |
| Code | ASMH |
| Name | Precidian ETFs Trust |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01SR1H0L3 |
| Type | ETF |
Precidian ETFs Trust [ASMH] is traded in USA and was established null. The fund is not filed under any group at this time. The fund presently have in assets under management (AUM).
Check Precidian ETFs Probability Of Bankruptcy
Precidian ETFs Trust Risk Profiles
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 Precidian ETFs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | 0.044 | |||
| Treynor Ratio | 1.23 |
Precidian ETFs Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Precidian ETFs Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Precidian ETFs Trust is measured differently than its book value, which is the value of Precidian that is recorded on the company's balance sheet. Investors also form their own opinion of Precidian ETFs' value that differs from its market value or its book value, called intrinsic value, which is Precidian ETFs' 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 Precidian ETFs' market value can be influenced by many factors that don't directly affect Precidian ETFs' 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 Precidian ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Precidian ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precidian ETFs' 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.