Tsmz Etf Profile

TSMZ Etf   22.89  0.15  0.66%   

Performance

0 of 100

 
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Odds Of Distress

Less than 9

 
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Low
TSMZ is trading at 22.89 as of the 23rd of November 2024; that is 0.66% up since the beginning of the trading day. The etf's open price was 22.74. TSMZ 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 TSMZ are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of May 2024 and ending today, the 23rd of November 2024. Click here to learn more.
TSMZ is entity of United States. It is traded as Etf on NASDAQ exchange. More on TSMZ

Moving against TSMZ Etf

  0.35XTOC Innovator ETFs TrustPairCorr
  0.33QTOC Innovator ETFs TrustPairCorr

TSMZ Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Single Stock ETFs, Trading--Inverse Equity (View all Sectors)
IssuerDirexion
Inception Date2024-10-03
BenchmarkTaiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM)
Entity TypeRegulated Investment Company
Asset Under Management3.97 Million
Asset TypeEquity
CategoryStrategy
FocusSingle Stock
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorRafferty Asset Management, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerPaul Brigandi, Tony Ng
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNASDAQ
Number of Constituents12.0
Market MakerSusquehanna
Total Expense0.99
Management Fee0.75
Country NameUSA
CodeTSMZ
Updated At23rd of November 2024
NameTSMZ
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01Q3Z5C53
TypeETF
TSMZ [TSMZ] is traded in USA and was established null. The fund is listed under Trading--Inverse Equity. The entity is thematically classified as Strategy ETFs. TSMZ at this time have in assets.
Check TSMZ Probability Of Bankruptcy

TSMZ 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 TSMZ. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

TSMZ Against Markets

When determining whether TSMZ offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TSMZ's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tsmz Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Tsmz Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TSMZ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of TSMZ is measured differently than its book value, which is the value of TSMZ that is recorded on the company's balance sheet. Investors also form their own opinion of TSMZ's value that differs from its market value or its book value, called intrinsic value, which is TSMZ'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 TSMZ's market value can be influenced by many factors that don't directly affect TSMZ'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 TSMZ's value and its price as these two are different measures arrived at by different means. Investors typically determine if TSMZ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TSMZ'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.