Draco Evolution Ai Etf Profile

DRAI Etf   23.12  0.02  0.09%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
Draco Evolution is trading at 23.12 as of the 7th of January 2025. This is a 0.09 percent decrease since the beginning of the trading day. The etf's open price was 23.14. Draco Evolution 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. The performance scores are derived for the period starting the 18th of January 2023 and ending today, the 7th of January 2025. Click here to learn more.
Draco Evolution is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Draco Evolution AI

Moving together with Draco Etf

  0.75AOA iShares Core AggressivePairCorr
  0.63HF Tidal Trust IIPairCorr
  0.78GAL SPDR SSgA GlobalPairCorr

Moving against Draco Etf

  0.44MEME Roundhill InvestmentsPairCorr
  0.34AMPD Tidal Trust IIPairCorr
  0.31RSPY Tuttle Capital ManagementPairCorr

Draco Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationAbsolute Returns ETFs, Asset Allocation ETFs, Global Allocation (View all Sectors)
IssuerEmpowered Funds
Inception Date2024-07-10
Entity TypeRegulated Investment Company
Asset Under Management12.46 Million
Asset TypeMulti Asset
CategoryAbsolute Returns
FocusAsset Allocation
Market ConcentrationBlended Development
RegionGlobal
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorEmpowered Funds, LLC
CustodianU.S. Bank, N.A.
DistributorQuasar Distributors, LLC
Portfolio ManagerJack Fu,Hung Pan
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Number of Constituents6.0
Market MakerGTS
Total Expense1.5
Management Fee0.85
200 Day M A24.0775
Country NameUSA
50 Day M A24.0931
CodeDRAI
Updated At6th of January 2025
Returns Y T D0.66
NameDraco Evolution AI ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01NLLVM87
TypeETF
Draco Evolution AI [DRAI] is traded in USA and was established null. The fund is listed under Global Allocation. The entity is thematically classified as Absolute Returns ETFs. Draco Evolution AI currently have in assets under management (AUM). with the current yeild of 0.0%.
Check Draco Evolution Probability Of Bankruptcy

Top Draco Evolution AI Etf Constituents

TLTiShares Trust EtfMX Etf
TQQQProShares UltraPro QQQEtfTrading--Leveraged Equity
IAUiShares Gold TrustEtfCommodities Focused
USDUWisdomTree Bloomberg DollarEtfTrading--Miscellaneous
SPXLDirexion Daily SP500EtfTrading--Leveraged Equity
More Details

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

Draco Evolution Against Markets

When determining whether Draco Evolution AI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Draco Evolution's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Draco Evolution Ai Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Draco Evolution Ai Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Draco Evolution AI. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Draco Evolution AI is measured differently than its book value, which is the value of Draco that is recorded on the company's balance sheet. Investors also form their own opinion of Draco Evolution's value that differs from its market value or its book value, called intrinsic value, which is Draco Evolution'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 Draco Evolution's market value can be influenced by many factors that don't directly affect Draco Evolution'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 Draco Evolution's value and its price as these two are different measures arrived at by different means. Investors typically determine if Draco Evolution is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Draco Evolution'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.