Akros Monthly Payout Etf Profile
| MPAY Etf | USD 25.76 0.24 0.94% |
Performance2 of 100
| Odds Of DistressOver 65
|
Akros Monthly is trading at 25.76 as of the 22nd of November 2024; that is 0.94 percent increase since the beginning of the trading day. The etf's open price was 25.52. Akros Monthly has more than 65 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Akros Monthly Payout are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
The fund normally invests in securities comprising the index. Akros Monthly is traded on NYSEARCA Exchange in the United States. The company has 14.29 M outstanding shares. More on Akros Monthly Payout
Moving together with Akros Etf
Akros Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Mi-Pay Group plc |
| Business Concentration | Asset Allocation ETFs, Target Outcome ETFs, Moderate Allocation, Cabana, Software—Infrastructure, Technology (View all Sectors) |
| Issuer | Exchange Traded Concepts |
| Inception Date | 2022-05-05 |
| Benchmark | Akros Multi-Asset Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.32 Million |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Blended Development |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Exchange Traded Concepts, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Andrew Serowik, Todd Alberico, Gabriel Tan |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Nov |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 60.0 |
| Market Maker | GTS |
| Total Expense | 0.84 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 18.38 |
| Name | Akros Monthly Payout ETF |
| Currency Code | USD |
| Open Figi | BBG0178QFRN6 |
| 1y Volatility | 10.34 |
| 200 Day M A | 24.7268 |
| 50 Day M A | 25.6881 |
| Code | MPAY |
| Updated At | 21st of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Akros Monthly Payout [MPAY] is traded in USA and was established 2022-05-05. The fund is listed under Moderate Allocation category and is part of Cabana family. The entity is thematically classified as Asset Allocation ETFs. Akros Monthly Payout now have 2.21 M in assets. , while the total return for the last year was 26.0%.
Akros Monthly Payout currently holds about 23.87 K in cash with (475.03 K) of positive cash flow from operations.
Check Akros Monthly Probability Of Bankruptcy
Geographic Allocation (%)
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 Akros Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Akros 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 Akros Monthly Payout 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 Akros Monthly Payout Etf Constituents
| RTX | Raytheon Technologies Corp | Stock | Industrials | |
| PEP | PepsiCo | Stock | Consumer Staples | |
| FTNT | Fortinet | Stock | Information Technology | |
| BKNG | Booking Holdings | Stock | Consumer Discretionary | |
| ORCL | Oracle | Stock | Information Technology | |
| V | Visa Class A | Stock | Financials | |
| TXN | Texas Instruments Incorporated | Stock | Information Technology | |
| WMT | Walmart | Stock | Consumer Staples |
Akros Monthly Payout 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 Akros Monthly. 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 | 0.0279 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.09) |
Akros Monthly Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Akros Monthly Payout. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Akros Monthly Payout is measured differently than its book value, which is the value of Akros that is recorded on the company's balance sheet. Investors also form their own opinion of Akros Monthly's value that differs from its market value or its book value, called intrinsic value, which is Akros Monthly'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 Akros Monthly's market value can be influenced by many factors that don't directly affect Akros Monthly'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 Akros Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akros Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akros Monthly'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.