Toroso Investments Etf Profile
Toroso Investments is trading at 25.60 as of the 30th of November 2024. This is a 1.23 percent up since the beginning of the trading day. The etf's open price was 25.29. Equity ratings for Toroso Investments are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 2024. Click here to learn more.
Toroso Etf Highlights
| Old Name | Sound Equity Income ETF |
| Business Concentration | Large Value, Sound ETF (View all Sectors) |
| Nav Price | 25.03 |
| Two Hundred Day Average | 25.78 |
| Ytd | -1.72% |
| Average Daily Volume In Three Month | 3.92k |
| Fifty Two Week Low | 22.89 |
| As Of Date | 25th of October 2022 |
| Average Daily Volume Last 10 Day | 5.03k |
| Fifty Two Week High | 27.81 |
| One Month | 6.25% |
| Fifty Day Average | 24.81 |
| Three Month | -1.93% |
Toroso Investments [SDEI] is traded in USA and was established 2020-12-30. The fund is listed under Large Value category and is part of Sound ETF family. Toroso Investments at this time have 18.89 M in assets. , while the total return for the last year was 2.0%.
Check Toroso Investments 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 Toroso Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Toroso 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 Toroso Investments 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 Toroso Investments Etf Constituents
| ABBV | AbbVie Inc | Stock | Health Care | |
| HPQ | HP Inc | Stock | Information Technology | |
| HRB | HR Block | Stock | Consumer Discretionary | |
| LYB | LyondellBasell Industries NV | Stock | Materials | |
| NYCB | New York Community | Stock | Financials | |
| OMC | Omnicom Group | Stock | Communication Services | |
| PFE | Pfizer Inc | Stock | Health Care | |
| PFG | Principal Financial Group | Stock | Financials |
Toroso Investments 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 Toroso Investments. 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 | 1.01 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.81 | |||
| Risk Adjusted Performance | 0.0041 |
Toroso Investments Against Markets
Toroso Investments 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 Toroso Investments etf to make a market-neutral strategy. Peer analysis of Toroso Investments could also be used in its relative valuation, which is a method of valuing Toroso Investments by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out World Market Map 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 income. 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 Toroso Investments is measured differently than its book value, which is the value of Toroso that is recorded on the company's balance sheet. Investors also form their own opinion of Toroso Investments' value that differs from its market value or its book value, called intrinsic value, which is Toroso Investments' 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 Toroso Investments' market value can be influenced by many factors that don't directly affect Toroso Investments' 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 Toroso Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Toroso Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toroso Investments' 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.