Robo Global Artificial Etf Number Of Shares Shorted
| THNQ Etf | USD 50.47 0.38 0.76% |
Robo Global Artificial fundamentals help investors to digest information that contributes to Robo Global's financial success or failures. It also enables traders to predict the movement of Robo Etf. The fundamental analysis module provides a way to measure Robo Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Robo Global etf.
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Robo Global Artificial ETF Number Of Shares Shorted Analysis
Robo Global's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
| Competition |
Based on the recorded statements, Robo Global Artificial has 0.0 of outstending shares currently sold short by investors. This indicator is about the same for the Robo Global average (which is currently at 0.0) family and about the same as Technology (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Robo Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Robo Global's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Robo Global could also be used in its relative valuation, which is a method of valuing Robo Global by comparing valuation metrics of similar companies.Robo Global is currently under evaluation in number of shares shorted as compared to similar ETFs.
Fund Asset Allocation for Robo Global
The fund invests 99.77% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Robo Global's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Robo Fundamentals
| Beta | 1.3 | |||
| Total Asset | 21.61 M | |||
| One Year Return | 31.70 % | |||
| Three Year Return | 4.10 % | |||
| Net Asset | 21.61 M | |||
| Equity Positions Weight | 99.77 % |
About Robo Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Robo Global Artificial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Robo Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Robo Global Artificial based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Robo Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Robo Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Robo Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Robo Etf
| 0.97 | VGT | Vanguard Information | PairCorr |
| 0.94 | XLK | Technology Select Sector | PairCorr |
| 0.96 | IYW | iShares Technology ETF | PairCorr |
| 0.7 | SMH | VanEck Semiconductor ETF | PairCorr |
Moving against Robo Etf
| 0.6 | AIVI | WisdomTree International | PairCorr |
| 0.5 | WTRE | WisdomTree New Economy | PairCorr |
| 0.31 | VPL | Vanguard FTSE Pacific | PairCorr |
The ability to find closely correlated positions to Robo Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Robo Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Robo Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Robo Global Artificial to buy it.
The correlation of Robo Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Robo Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Robo Global Artificial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Robo Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Robo Global Piotroski F Score and Robo Global Altman Z Score analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Robo Global Artificial is measured differently than its book value, which is the value of Robo that is recorded on the company's balance sheet. Investors also form their own opinion of Robo Global's value that differs from its market value or its book value, called intrinsic value, which is Robo Global'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 Robo Global's market value can be influenced by many factors that don't directly affect Robo Global'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 Robo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Robo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robo Global'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.