Tgif Etf Profile
TGIF is trading at 95.49 as of the 21st of January 2025. This is a 0.41 percent decrease since the beginning of the trading day. The etf's lowest day price was 95.49. The performance scores are derived for the period starting the 22nd of November 2024 and ending today, the 21st of January 2025. Click here to learn more.
TGIF Etf Highlights
| Old Name | SoFi Weekly Income ETF |
| Business Concentration | Multisector Bond, SoFi (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 0.98 |
| Name | SoFi Weekly Income ETF |
| Currency Code | USD |
| Open Figi | BBG00XNQQYX5 |
| In Threey Volatility | 5.77 |
| 1y Volatility | 4.5 |
| 200 Day M A | 95.7819 |
| 50 Day M A | 97.492 |
| Code | TGIF |
| Updated At | 6th of March 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.01 |
| Type | ETF |
TGIF [TGIF] is traded in USA and was established 2020-10-01. The fund is listed under Multisector Bond category and is part of SoFi family. TGIF at this time have 23.01 M in assets. , while the total return for the last 3 years was 2.5%.
Check TGIF Probability Of Bankruptcy
Top TGIF Etf Constituents
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund |
TGIF 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 TGIF. 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 | 0.2136 | |||
| Semi Deviation | 0.183 | |||
| Standard Deviation | 0.2642 | |||
| Variance | 0.0698 |
TGIF Against Markets
TGIF 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 TGIF etf to make a market-neutral strategy. Peer analysis of TGIF could also be used in its relative valuation, which is a method of valuing TGIF by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
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The market value of TGIF is measured differently than its book value, which is the value of TGIF that is recorded on the company's balance sheet. Investors also form their own opinion of TGIF's value that differs from its market value or its book value, called intrinsic value, which is TGIF'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 TGIF's market value can be influenced by many factors that don't directly affect TGIF'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 TGIF's value and its price as these two are different measures arrived at by different means. Investors typically determine if TGIF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TGIF'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.