Insider Trading
About 67% of EXD's investor base is looking to short. The current sentiment regarding investing in EXD etf implies that many traders are alarmed. The current market sentiment, together with EXD's historical and current headlines, can help investors time the market. In addition, many technical investors use EXD etf news signals to limit their universe of possible portfolio assets.
EXD etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of EXD daily returns and investor perception about the current price of EXD as well as its diversification or hedging effects on your existing portfolios.
EXD |
Filed transaction by EXD Officer. Insider Public Trading
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EXD Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards EXD can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
EXD Fundamental Analysis
We analyze EXD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EXD using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EXD 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.
Beta
Beta Comparative Analysis
EXD is currently under evaluation in beta as compared to similar ETFs. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
EXD Potential Pair-trading
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 EXD etf to make a market-neutral strategy. Peer analysis of EXD could also be used in its relative valuation, which is a method of valuing EXD by comparing valuation metrics with similar companies.
Peers
EXD Related Equities
| EVN | Eaton Vance | 2.12 | ||||
| ETY | Eaton Vance | 1.66 | ||||
| ETV | Eaton Vance | 1.65 | ||||
| NUW | Nuveen Amt-free | 1.44 | ||||
| ETB | Eaton Vance | 1.38 | ||||
| JCE | Nuveen Core | 1.03 | ||||
| ETW | Eaton Vance | 0.96 | ||||
| MMU | Western Asset | 0.88 | ||||
| MHD | Blackrock Muniholdings | 0.59 | ||||
| ETJ | Eaton Vance | 0.46 | ||||
| VGM | Invesco Trust | 0.40 | ||||
| EXG | Eaton Vance | 0.36 | ||||
| KTF | DWS Municipal | 0.32 | ||||
| SDHY | PGIM Short | 0.24 | ||||
| NZF | Nuveen Municipal | 0.16 | ||||
| NMCO | Nuveen Municipal | 0.09 | ||||
| BFZ | BlackRock California | 0.09 | ||||
| BHV | BlackRock Virginia | 0.00 | ||||
| BTT | Blackrock Municipal | 0.09 | ||||
| VKI | Invesco Advantage | 0.12 |
Check out Investing Opportunities 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 interest. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Tools for EXD Etf
When running EXD's price analysis, check to measure EXD's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EXD is operating at the current time. Most of EXD's value examination focuses on studying past and present price action to predict the probability of EXD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EXD's price. Additionally, you may evaluate how the addition of EXD to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
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| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |