Merrill Lynch Etf Profile
Equity ratings for Merrill Lynch are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
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RefreshMerrill Etf Highlights
| Old Name | ELEMENTS Linked to the MLCX Grains Index - Total Return |
| Business Concentration | null, ELEMENTS (View all Sectors) |
| Nav Price | 5.47 |
| Two Hundred Day Average | 5.7 |
| Ytd | 17.20% |
| Average Daily Volume In Three Month | 78.97k |
| Fifty Two Week Low | 4.43 |
| As Of Date | 24th of October 2022 |
| Average Daily Volume Last 10 Day | 9.75k |
| Fifty Two Week High | 8.5 |
| One Month | -1.98% |
| Fifty Day Average | 5.49 |
| Three Month | 13.07% |
| Beta In Three Year | 0.55 |
Merrill Lynch [GRU] is traded in USA and was established 2008-02-05. The fund is classified under null category within ELEMENTS family. Merrill Lynch currently have 6.17 M in assets under management (AUM). , while the total return for the last 3 years was 20.19%.
Check Merrill Lynch 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 Merrill Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Merrill 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 Merrill Lynch 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.
Merrill Lynch 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 Merrill Lynch. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.6541 | |||
| Semi Deviation | 0.8383 | |||
| Standard Deviation | 0.8861 | |||
| Variance | 0.7852 |
Merrill Lynch Against Markets
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Merrill Lynch 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 Merrill Lynch etf to make a market-neutral strategy. Peer analysis of Merrill Lynch could also be used in its relative valuation, which is a method of valuing Merrill Lynch by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Merrill Lynch is measured differently than its book value, which is the value of Merrill that is recorded on the company's balance sheet. Investors also form their own opinion of Merrill Lynch's value that differs from its market value or its book value, called intrinsic value, which is Merrill Lynch'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 Merrill Lynch's market value can be influenced by many factors that don't directly affect Merrill Lynch'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 Merrill Lynch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merrill Lynch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merrill Lynch'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.