Robo Global Artificial Etf Profile
| THNQ Etf | USD 50.09 0.38 0.75% |
Performance16 of 100
| Odds Of DistressLess than 9
|
Robo Global is selling at 50.09 as of the 30th of November 2024; that is 0.75 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 49.81. Robo Global has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Robo Global Artificial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will normally invest at least 80 percent of its total assets in securities of the index or in depositary receipts representing securities of the index. Robo Global is traded on NYSEARCA Exchange in the United States. More on Robo Global Artificial
Moving together with Robo Etf
| 0.93 | VGT | Vanguard Information | PairCorr |
| 0.89 | XLK | Technology Select Sector | PairCorr |
| 0.92 | IYW | iShares Technology ETF | PairCorr |
| 0.63 | SMH | VanEck Semiconductor ETF | PairCorr |
| 0.95 | CIBR | First Trust NASDAQ | PairCorr |
Moving against Robo Etf
Robo Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Technology, Robo Global (View all Sectors) |
| Issuer | Exchange Traded Concepts |
| Inception Date | 2020-05-11 |
| Benchmark | ROBO Global Artificial Intelligence Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 148.83 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | SEI Investments Global Funds Services |
| Advisor | Exchange Traded Concepts, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Andrew Serowik, Travis Trampe |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 62.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 21.46 |
| Name | Robo Global Artificial Intelligence ETF |
| Currency Code | USD |
| Open Figi | BBG00TPBZRS6 |
| In Threey Volatility | 25.95 |
| 1y Volatility | 20.58 |
| 200 Day M A | 44.4883 |
| 50 Day M A | 47.2693 |
| Code | THNQ |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.04) |
Robo Global Artificial [THNQ] is traded in USA and was established 2020-05-08. The fund is listed under Technology category and is part of Robo Global family. The entity is thematically classified as Strategy ETFs. Robo Global Artificial at this time have 21.61 M in assets. , while the total return for the last 3 years was 3.7%.
Check Robo Global Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Robo Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Robo Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Robo Global Artificial Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Robo Global Artificial Currency Exposure
Robo Global Artificial holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Robo Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Robo Global Artificial.
Top Robo Global Artificial Etf Constituents
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| WIX | WixCom | Stock | Information Technology | |
| ETSY | Etsy Inc | Stock | Consumer Discretionary | |
| AYX | Alteryx | Stock | Information Technology | |
| VRNS | Varonis Systems | Stock | Information Technology | |
| TEAM | Atlassian Corp Plc | Stock | Information Technology | |
| ILMN | Illumina | Stock | Health Care |
Robo Global Artificial 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 Robo Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.123 | |||
| Jensen Alpha | 0.1798 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0467 |
Robo Global Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Robo Global Artificial. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.