6 Meridian is selling for 38.26 as of the 21st of November 2024. This is a 0.55 percent increase since the beginning of the trading day. The etf's lowest day price was 38.03. 6 Meridian 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 6 Meridian Low are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities. 6 Meridian is traded on NYSEARCA Exchange in the United States. More on 6 Meridian Low
Andrew Mies, Ammie Weidner, Will Horner, Andrew Serowik, Travis Tampe
Transfer Agent
The Bank of New York Mellon Corporation
Fiscal Year End
30-Nov
Exchange
NYSE Arca, Inc.
Number of Constituents
242
Market Maker
Jane Street
Total Expense
0.8
Management Fee
0.61
Country Name
USA
Returns Y T D
16.05
Name
6 Meridian Low Beta Equity Strategy ETF
Currency Code
USD
Open Figi
BBG00TQKT4J3
In Threey Volatility
13.69
1y Volatility
9.36
200 Day M A
35.3888
50 Day M A
37.4509
Code
SIXL
Updated At
20th of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
0.05
Type
ETF
6 Meridian Low [SIXL] is traded in USA and was established 2020-05-11. The fund is listed under Mid-Cap Blend category and is part of Exchange Traded Concepts family. The entity is thematically classified as Large Cap ETFs. 6 Meridian Low at this time have 133.3 M in assets. , while the total return for the last 3 years was 4.4%.
Check 6 Meridian Probability Of Bankruptcy
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 6 Meridian. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether 6 Meridian Low is a strong investment it is important to analyze 6 Meridian'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 6 Meridian's future performance. For an informed investment choice regarding SIXL Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 6 Meridian Low. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
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The market value of 6 Meridian Low is measured differently than its book value, which is the value of SIXL that is recorded on the company's balance sheet. Investors also form their own opinion of 6 Meridian's value that differs from its market value or its book value, called intrinsic value, which is 6 Meridian'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 6 Meridian's market value can be influenced by many factors that don't directly affect 6 Meridian'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 6 Meridian's value and its price as these two are different measures arrived at by different means. Investors typically determine if 6 Meridian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 6 Meridian'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.