Diet Etf Profile

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DIET Etf Highlights

Old Names[Defiance Next Gen Food & Agriculture ETF, DIET]
Business ConcentrationConsumer Defensive, Defiance ETFs (View all Sectors)
Nav Price22.5
Two Hundred Day Average23.87
Ytd-13.66%
Average Daily Volume In Three Month1.45k
Fifty Two Week Low18.18
As Of Date30th of April 2020
Average Daily Volume Last 10 Day1.99k
Fifty Two Week High26.5
One Month9.47%
Fifty Day Average21.91
Three Month-10.45%
DIET [DIET] is traded in USA and was established 2019-11-13. The fund is listed under Consumer Defensive category and is part of Defiance ETFs family. DIET currently have 2.27 M in assets under management (AUM). DIET currently holds about 183 K in cash with (2.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check DIET Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on DIET Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding DIET Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as DIET Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top DIET Etf Constituents

BYNDBeyond MeatStockConsumer Staples
CTVACortevaStockMaterials
ECLEcolab IncStockMaterials
FMCFMC CorporationStockMaterials
IFFInternational Flavors FragrancesStockMaterials
ZTSZoetis IncStockHealth Care
DEDeere CompanyStockIndustrials
SALMSalem Media GroupOTC StockCommunication Services
More Details

DIET Against Markets

DIET Etf Analysis Notes

The fund retains 99.34% of assets under management (AUM) in equities. DIET last dividend was 0.046 per share. The investment seeks to track the total return performance, before fees and expenses, of the Bluestar Food and Agriculture Sustainability Index. Defiance Next is traded on BATS Exchange in USA. To learn more about DIET call the company at 833-333-9383 or check out http://www.ediets.com.

DIET Investment Alerts

DIET is not yet fully synchronised with the market data
DIET has some characteristics of a very speculative penny stock
DIET currently holds 1.86 M in liabilities. DIET has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist DIET until it has trouble settling it off, either with new capital or with free cash flow. So, DIET's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DIET sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DIET to invest in growth at high rates of return. When we think about DIET's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 21.4 M. Net Loss for the year was (4.18 M) with profit before overhead, payroll, taxes, and interest of 11.49 M.
DIET currently holds about 183 K in cash with (2.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 72.0% of the company shares are held by company insiders
The fund retains 99.34% of its assets under management (AUM) in equities

DIET Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DIET's market, we take the total number of its shares issued and multiply it by DIET's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

DIET Profitablity

The company has Profit Margin (PM) of (19.44) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (19.26) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $19.26.

Top DIET Etf Constituents

DIET Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific DIET insiders, such as employees or executives, is commonly permitted as long as it does not rely on DIET's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases DIET insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Bakay Berke over two weeks ago
Disposition of 50000 shares by Bakay Berke of DIET at 0.55 subject to Rule 16b-3
 
Prides Capital Partners, Llc over a month ago
Acquisition by Prides Capital Partners, Llc of 1000000 shares of DIET at 5.0 subject to Rule 16b-3
 
Prides Capital Partners, Llc over a month ago
Acquisition by Prides Capital Partners, Llc of 70000 shares of DIET at 3.3875 subject to Rule 16b-3
 
Prides Capital Partners, Llc over two months ago
Acquisition by Prides Capital Partners, Llc of 37500 shares of DIET at 3.22 subject to Rule 16b-3
 
Prides Capital Partners, Llc over two months ago
Acquisition by Prides Capital Partners, Llc of 1000000 shares of DIET at 0.4125 subject to Rule 16b-3
 
Prides Capital Partners, Llc over two months ago
Acquisition by Prides Capital Partners, Llc of 29000 shares of DIET at 1.25 subject to Rule 16b-3
 
Prides Capital Partners, Llc over three months ago
Disposition of 50000 shares by Prides Capital Partners, Llc of DIET at 0.55 subject to Rule 16b-3
 
Prides Capital Partners, Llc over three months ago
Acquisition by Prides Capital Partners, Llc of 18300 shares of DIET at 3.3041 subject to Rule 16b-3
 
Prides Capital Partners, Llc over six months ago
Acquisition by Prides Capital Partners, Llc of 50000 shares of DIET at 3.6777 subject to Rule 16b-3
 
Prides Capital Partners, Llc over six months ago
Acquisition by Prides Capital Partners, Llc of 1939394 shares of DIET at 0.4125 subject to Rule 16b-3
 
Prides Capital Partners, Llc over six months ago
Acquisition by Prides Capital Partners, Llc of 13700 shares of DIET at 1.05 subject to Rule 16b-3
 
Prides Capital Partners, Llc over six months ago
Acquisition by Prides Capital Partners, Llc of 13700 shares of DIET at 1.05 subject to Rule 16b-3

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DIET Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DIET etf to make a market-neutral strategy. Peer analysis of DIET could also be used in its relative valuation, which is a method of valuing DIET by comparing valuation metrics with similar companies.
 Risk & Return  Correlation
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Other Tools for DIET Etf

When running DIET's price analysis, check to measure DIET'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 DIET is operating at the current time. Most of DIET's value examination focuses on studying past and present price action to predict the probability of DIET's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DIET's price. Additionally, you may evaluate how the addition of DIET to your portfolios can decrease your overall portfolio volatility.
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