Leadersharestm Alphafactor Core Etf Profile

LSAF Etf  USD 42.61  0.22  0.52%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
LeaderSharesTM AlphaFactor is trading at 42.61 as of the 21st of November 2024. This is a 0.52 percent increase since the beginning of the trading day. The etf's lowest day price was 42.27. LeaderSharesTM AlphaFactor 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 LeaderSharesTM AlphaFactor Core are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds net assets, including any borrowings for investment purposes, will be invested in a diversified portfolio of equity securities of U.S. common stocks included in the index. Leadershares Alphafactor is traded on NYSEARCA Exchange in the United States.. More on LeaderSharesTM AlphaFactor Core

Moving together with LeaderSharesTM Etf

  0.86VO Vanguard Mid CapPairCorr
  0.85VXF Vanguard Extended MarketPairCorr
  0.87IJH iShares Core SPPairCorr
  0.85IWR iShares Russell MidPairCorr
  0.87MDY SPDR SP MIDCAPPairCorr
  0.9FV First Trust DorseyPairCorr

Moving against LeaderSharesTM Etf

  0.5NRGU Bank Of MontrealPairCorr

LeaderSharesTM Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[Lyxor South Africa (FTSE JSE TOP 40) UCITS ETF, Lyxor South Africa (FTSE JSE TOP 40) UCITS ETF]
Business ConcentrationBroad Equity ETFs, Strategy ETFs, Mid-Cap Blend, Redwood (View all Sectors)
IssuerRedwood Investment Management
Inception Date2018-10-02
BenchmarkAlphaFactor US Core Equity Index
Entity TypeRegulated Investment Company
Asset Under Management160.1 Million
Average Trading Valume11,324
Asset TypeEquity
CategoryBroad Equity
FocusStrategy
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorUltimus Fund Solutions, LLC
AdvisorRedwood Investment Management, LLC
CustodianBrown Brothers Harriman & Co.
DistributorNorthern Lights Distributors, LLC
Portfolio ManagerMichael T. Messinger, Michael T. Cheung, Richard M. Duff
Transfer AgentUltimus Fund Solutions, LLC
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents101
Market MakerVirtu Financial
Total Expense0.75
Management Fee0.75
Country NameUSA
Returns Y T D23.56
NameLeaderSharesTM AlphaFactor US Core Equity ETF
Currency CodeUSD
Open FigiBBG00M4RHF69
In Threey Volatility19.64
1y Volatility13.63
200 Day M A38.7677
50 Day M A41.4578
CodeLSAF
Updated At19th of November 2024
Currency NameUS Dollar
LeaderSharesTM AlphaFactor Core [LSAF] is traded in USA and was established 2018-10-01. The fund is listed under Mid-Cap Blend category and is part of Redwood family. The entity is thematically classified as Broad Equity ETFs. LeaderSharesTM AlphaFactor now have 142.87 M in assets. , while the total return for the last 3 years was 7.7%.
Check LeaderSharesTM AlphaFactor Probability Of Bankruptcy

Top LeaderSharesTM AlphaFactor Core Etf Constituents

LRCXLam Research CorpStockInformation Technology
HXLHexcelStockIndustrials
GOOGLAlphabet Inc Class AStockCommunication Services
LLYEli Lilly andStockHealth Care
AVYAvery Dennison CorpStockMaterials
PLNTPlanet FitnessStockConsumer Discretionary
MCKMcKessonStockHealth Care
LECOLincoln Electric HoldingsStockIndustrials
More Details

LeaderSharesTM AlphaFactor 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 LeaderSharesTM AlphaFactor. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

LeaderSharesTM AlphaFactor Against Markets

When determining whether LeaderSharesTM AlphaFactor is a strong investment it is important to analyze LeaderSharesTM AlphaFactor's 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 LeaderSharesTM AlphaFactor's future performance. For an informed investment choice regarding LeaderSharesTM Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeaderSharesTM AlphaFactor Core. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of LeaderSharesTM AlphaFactor is measured differently than its book value, which is the value of LeaderSharesTM that is recorded on the company's balance sheet. Investors also form their own opinion of LeaderSharesTM AlphaFactor's value that differs from its market value or its book value, called intrinsic value, which is LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's market value can be influenced by many factors that don't directly affect LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if LeaderSharesTM AlphaFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeaderSharesTM AlphaFactor'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.