Strategy Shares Etf Profile
Strategy Shares is selling at 23.06 as of the 28th of November 2024; that is No Change since the beginning of the trading day. The etf's open price was 23.06. Equity ratings for Strategy Shares are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Strategy Etf Highlights
| Old Name | Strategy Shares Halt Climate Change ETF |
| Business Concentration | Large Growth, Strategy Shares (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 2.21 |
| Name | Strategy Shares Halt Climate Change ETF |
| Currency Code | USD |
| Open Figi | BBG014GJSL68 |
| 1y Volatility | 17.24 |
| 200 Day M A | 21.4452 |
| 50 Day M A | 21.3392 |
| Code | NZRO |
| Updated At | 22nd of November 2023 |
| Currency Name | US Dollar |
| Type | ETF |
Strategy Shares [NZRO] is traded in USA and was established 2022-01-10. The fund is listed under Large Growth category and is part of Strategy Shares family. Strategy Shares now have 995.83 K in assets. , while the total return for the last year was 5.8%.
Check Strategy Shares Probability Of Bankruptcy
Strategy Shares Against Markets
Strategy Shares 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 Strategy Shares etf to make a market-neutral strategy. Peer analysis of Strategy Shares could also be used in its relative valuation, which is a method of valuing Strategy Shares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Correlation 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Strategy Shares is measured differently than its book value, which is the value of Strategy that is recorded on the company's balance sheet. Investors also form their own opinion of Strategy Shares' value that differs from its market value or its book value, called intrinsic value, which is Strategy Shares' 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 Strategy Shares' market value can be influenced by many factors that don't directly affect Strategy Shares' 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 Strategy Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategy Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategy Shares' 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.