Clearshares Piton Intermediate Etf Profile
| PIFI Etf | USD 93.09 0.09 0.1% |
Performance0 of 100
| Odds Of DistressLess than 9
|
ClearShares Piton is trading at 93.09 as of the 21st of November 2024. This is a 0.1 percent decrease since the beginning of the trading day. The etf's open price was 93.18. ClearShares Piton 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. Equity ratings for ClearShares Piton Intermediate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of September 2024 and ending today, the 21st of November 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in debt securities and other instruments that have economic characteristics similar to such securities. More on ClearShares Piton Intermediate
Moving together with ClearShares Etf
| 0.94 | BND | Vanguard Total Bond Sell-off Trend | PairCorr |
| 0.96 | AGG | iShares Core Aggregate Sell-off Trend | PairCorr |
| 0.94 | BIV | Vanguard Intermediate | PairCorr |
| 0.94 | SPAB | SPDR Portfolio Aggregate Sell-off Trend | PairCorr |
| 0.94 | EAGG | iShares ESG Aggregate | PairCorr |
| 0.94 | FLCB | Franklin Templeton ETF | PairCorr |
Moving against ClearShares Etf
ClearShares Piton Intermediate cannot be verified against its exchange. Apparently, ClearShares Piton is not available for investing at the moment. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RefreshClearShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Investment Grade ETFs, Broad Debt ETFs, Intermediate Core Bond, ClearShares (View all Sectors) |
| Issuer | ClearShares |
| Inception Date | 2020-10-01 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 100.04 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | ClearShares, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Quasar Distributors, LLC |
| Portfolio Manager | Brian Lockwood |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 74.0 |
| Market Maker | Jane Street |
| Total Expense | 0.65 |
| Management Fee | 0.55 |
| Country Name | USA |
| Returns Y T D | 2.38 |
| Name | ClearShares Piton Intermediate Fixed Income ETF |
| Currency Code | USD |
| Open Figi | BBG00XNQGHQ1 |
| In Threey Volatility | 4.58 |
| 1y Volatility | 4.59 |
| 200 Day M A | 92.7979 |
| 50 Day M A | 94.2558 |
| Code | PIFI |
| Updated At | 20th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.9) |
| Type | ETF |
ClearShares Piton Intermediate [PIFI] is traded in USA and was established 2020-10-01. The fund is listed under Intermediate Core Bond category and is part of ClearShares family. The entity is thematically classified as Investment Grade ETFs. ClearShares Piton at this time have 127.84 M in assets. , while the total return for the last 3 years was -0.1%.
Check ClearShares Piton Probability Of Bankruptcy
ClearShares Piton 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 ClearShares Piton. 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 | (0.11) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.6088 |
ClearShares Piton Against Markets
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ClearShares Piton Intermediate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of ClearShares Piton is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares Piton's value that differs from its market value or its book value, called intrinsic value, which is ClearShares Piton'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 ClearShares Piton's market value can be influenced by many factors that don't directly affect ClearShares Piton'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 ClearShares Piton's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares Piton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares Piton'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.