HJEN Ownership
Some institutional investors establish a significant position in etfs such as HJEN in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of HJEN, and when they decide to sell, the etf will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
Check out Risk vs Return Analysis 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 income.
HJEN |
HJEN Etf Ownership Analysis
The fund retains 99.0% of assets under management (AUM) in equities. The fund, under normal circumstances, invests at least 80 percent of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. Direxion Hydrogen is traded on NYSEARCA Exchange in the United States. To learn more about HJEN call the company at NA.Sector Exposure (%)
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 HJEN Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding HJEN , and the less return is expected.
Top Etf Constituents
| APD | Air Products and | Stock | |
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| FCEL | FuelCell Energy | Stock | |
| PLUG | Plug Power | Stock |
Pair Trading with HJEN
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 HJEN 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 HJEN will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Baxter International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baxter International 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 Baxter International - 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 Baxter International to buy it.
The correlation of Baxter International 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 Baxter International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baxter International 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 Baxter International 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 Risk vs Return Analysis 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 income. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Tools for HJEN Etf
When running HJEN's price analysis, check to measure HJEN'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 HJEN is operating at the current time. Most of HJEN's value examination focuses on studying past and present price action to predict the probability of HJEN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HJEN's price. Additionally, you may evaluate how the addition of HJEN to your portfolios can decrease your overall portfolio volatility.
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