Capital Group New Etf Profile
CGNG Etf | 25.20 0.06 0.24% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Capital Group is trading at 25.20 as of the 28th of November 2024. This is a 0.24 percent increase since the beginning of the trading day. The etf's lowest day price was 25.1. Capital Group 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 Capital Group New are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Capital Group is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Capital Group New
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Capital Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Strategy ETFs, Emerging Markets ETFs, Diversified Emerging Mkts (View all Sectors) |
Issuer | Capital Group |
Inception Date | 2024-06-25 |
Entity Type | Regulated Investment Company |
Asset Under Management | 89.47 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Emerging Markets |
Market Concentration | Emerging Markets |
Region | Emerging Markets |
Administrator | State Street Bank and Trust Company |
Advisor | Capital Research and Management Company |
Custodian | State Street Bank and Trust Company |
Distributor | American Funds Distributors, Inc. |
Portfolio Manager | Grant Cambridge, Charles Ellwein, Cheryl Frank, Martin Jacobs, James Lovelace |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-May |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 216 |
Market Maker | Virtu Financial |
Total Expense | 0.33 |
Management Fee | 0.33 |
Country Name | USA |
Code | CGNG |
Updated At | 27th of November 2024 |
Name | Capital Group New Geography Equity ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01N7SVCX2 |
Type | ETF |
Capital Group New [CGNG] is traded in USA and was established null. The fund is listed under Diversified Emerging Mkts. The entity is thematically classified as Strategy ETFs. Capital Group New currently have in assets under management (AUM).
Check Capital Group Probability Of Bankruptcy
Geographic Allocation (%)
Capital Group New Currency Exposure
Capital Group New 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 Capital Group 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 Capital Group New.
Top Capital Group New Etf Constituents
HTHT | Huazhu Group | Stock | Consumer Discretionary | |
AON | Aon PLC | Stock | Financials | |
ASM | ASM International NV | Stock | Semiconductor Equipment & Materials | |
MCO | Moodys | Stock | Financials | |
AVGO | Broadcom | Stock | Information Technology | |
AZN | AstraZeneca PLC | Stock | Health Care | |
SIKA | Sika AG | Stock | Specialty Chemicals | |
V | Visa Class A | Stock | Financials |
Capital Group New 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 Capital Group. 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 | (0.01) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | (0.05) |
Capital Group Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capital Group New. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Capital Group New is measured differently than its book value, which is the value of Capital that is recorded on the company's balance sheet. Investors also form their own opinion of Capital Group's value that differs from its market value or its book value, called intrinsic value, which is Capital Group'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 Capital Group's market value can be influenced by many factors that don't directly affect Capital Group'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 Capital Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Capital Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capital Group'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.