Etf Managers Group Etf Profile
ETF Managers is selling for under 48.52 as of the 31st of January 2025; that is 0.02% increase since the beginning of the trading day. The etf's last reported lowest price was 48.5. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
ETF Etf Highlights
| Old Name | ETFMG Sit Ultra Short ETF |
| Business Concentration | Ultrashort Bond, ETFMG (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 3.23 |
| Name | ETFMG Sit Ultra Short ETF |
| Currency Code | USD |
| Open Figi | BBG00PPRLP80 |
| In Threey Volatility | 1.24 |
| 1y Volatility | 1.75 |
| 200 Day M A | 48.3861 |
| 50 Day M A | 48.458 |
| Code | VALT |
| Updated At | 31st of January 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.6) |
| Type | ETF |
ETF Managers Group [VALT] is traded in USA and was established 2019-10-08. The fund is listed under Ultrashort Bond category and is part of ETFMG family. ETF Managers Group at this time have 123.89 M in net assets. , while the total return for the last 3 years was 1.0%.
Check ETF Managers Probability Of Bankruptcy
Top ETF Managers Group Etf Constituents
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund |
ETF Managers Top Holders
| IPAY | Amplify ETF Trust | Etf | Miscellaneous Sector | |
| GAMR | Amplify ETF Trust | Etf | Communications | |
| MJ | Amplify ETF Trust | Etf | Miscellaneous Sector | |
| IVES | Amplify ETF Trust | Etf | Technology | |
| GERM | Amplify | Etf | Health | |
| HACK | Amplify ETF Trust | Etf | Technology | |
| ETHO | Amplify ETF Trust | Etf | Mid-Cap Blend |
ETF Managers Group 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 ETF Managers. 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 | 0.246 | |||
| Semi Deviation | 0.2607 | |||
| Standard Deviation | 0.3488 | |||
| Variance | 0.1217 |
ETF Managers Against Markets
ETF Managers 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 ETF Managers etf to make a market-neutral strategy. Peer analysis of ETF Managers could also be used in its relative valuation, which is a method of valuing ETF Managers 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 bureau of economic analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' 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 ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' 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 ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' 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.