Tuttle Capital is selling for 50.22 as of the 28th of November 2024. This is a 189.95 percent increase since the beginning of the trading day. The etf's last reported lowest price was 49.86. Tuttle Capital has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Tuttle Capital Short are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund is an actively managed ETF that the advisor attempts to achieve the inverse of the return of the ARK Innovation ETF for a single day by entering into a swap agreement on the ARK Innovation ETF. Tuttle Capital is traded on NASDAQ Exchange in the United States. More on Tuttle Capital Short
UMB Fund Services, Inc., Mutual Fund Administration, LLC
Advisor
AXS Investments LLC
Custodian
Brown Brothers Harriman & Co.
Distributor
ALPS Distributors, Inc.
Portfolio Manager
Travis Trampe, Parker Binion
Transfer Agent
Brown Brothers Harriman & Co.
Fiscal Year End
31-Mar
Exchange
NASDAQ
Number of Constituents
7.0
Market Maker
Flow Traders
Total Expense
1.06
Management Fee
0.75
Country Name
USA
Returns Y T D
(77.76)
Name
Tuttle Capital Short Innovation ETF
Currency Code
USD
Open Figi
BBG0193CQXD4
1y Volatility
40.69
200 Day M A
28.3598
50 Day M A
24.1961
Code
SARK
Updated At
27th of November 2024
Currency Name
US Dollar
Type
ETF
Tuttle Capital Short [SARK] is traded in USA and was established 2021-11-05. The fund is listed under Trading--Inverse Equity category and is part of AXS family. The entity is thematically classified as Strategy ETFs. Tuttle Capital Short at this time have 335.54 M in assets. , while the total return for the last 3 years was -26.0%.
Check Tuttle Capital Probability Of Bankruptcy
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 Tuttle Capital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Tuttle Capital Short is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tuttle Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tuttle Capital Short Etf. Highlighted below are key reports to facilitate an investment decision about Tuttle Capital Short Etf:
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The market value of Tuttle Capital Short is measured differently than its book value, which is the value of Tuttle that is recorded on the company's balance sheet. Investors also form their own opinion of Tuttle Capital's value that differs from its market value or its book value, called intrinsic value, which is Tuttle Capital'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 Tuttle Capital's market value can be influenced by many factors that don't directly affect Tuttle Capital'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 Tuttle Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tuttle Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tuttle Capital'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.