Renaissance IPO Ownership
| IPO Etf | USD 39.09 0.08 0.20% |
Renaissance |
Renaissance Etf Ownership Analysis
Renaissance IPO is is formed as Regulated Investment Company in the United States. ETF is managed and operated by State Street Bank and Trust Company. The fund has 26 constituents with avarage daily trading value of 31.4 K. The fund charges 0.6 percent management fee with a total expences of 0.6 percent of total asset. The fund generated five year return of 11.0%. Renaissance IPO ETF retains 99.71% of assets under management (AUM) in equities. This fund last dividend was 0.066 per share. The fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the index. Renaissance IPO is traded on NYSEARCA Exchange in the United States. To learn more about Renaissance IPO ETF call the company at 587 955-0630 or check out www.inplayoil.com.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 Renaissance Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Renaissance IPO , and the less return is expected.
Geographic Allocations (%)
Top Etf Constituents
| AVTR | Avantor | Stock | |
| ABNB | Airbnb Inc | Stock | |
| BUFF | Innovator Laddered Allocation | Etf | |
| JELD | Jeld Wen Holding | Stock | |
| PINS | Stock | ||
| VICI | VICI Properties | Stock | |
| ZM | Zoom Video Communications | Stock | |
| SPOT | Spotify Technology SA | Stock | |
| MDB | MongoDB | Stock | |
| PDD | PDD Holdings | Stock | |
| RRR | Red Rock Resorts | Stock | |
| TRU | TransUnion | Stock | |
| VVV | Valvoline | Stock | |
| RPRX | Royalty Pharma Plc | Stock | |
| NET | Cloudflare | Stock | |
| ELAN | Elanco Animal Health | Stock | |
| ROKU | Roku Inc | Stock | |
| SNAP | Snap Inc | Stock | |
| MRNA | Moderna | Stock | |
| RBLX | Roblox Corp | Stock | |
| BJ | BJs Wholesale Club | Stock | |
| COIN | Coinbase Global | Stock | |
| COLD | Americold Realty Trust | Stock | |
| TWLO | Twilio Inc | Stock | |
| USFD | US Foods Holding | Stock |
Institutional Etf Holders for Renaissance IPO
| SMILX | Smi Servative Allocation | Mutual Fund | |
| SMIFX | Sound Mind Investing | Mutual Fund |
Renaissance IPO Outstanding Bonds
Renaissance IPO issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Renaissance IPO ETF uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Renaissance bonds can be classified according to their maturity, which is the date when Renaissance IPO ETF has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Renaissance IPO
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 Renaissance IPO 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 Renaissance IPO will appreciate offsetting losses from the drop in the long position's value.Moving together with Renaissance Etf
| 0.92 | VOT | Vanguard Mid Cap | PairCorr |
| 0.95 | IWP | iShares Russell Mid | PairCorr |
| 0.96 | ARKK | ARK Innovation ETF Sell-off Trend | PairCorr |
| 0.96 | IJK | iShares SP Mid | PairCorr |
| 0.89 | JKH | iShares Morningstar Mid | PairCorr |
Moving against Renaissance Etf
| 0.86 | BITI | ProShares Trust | PairCorr |
| 0.62 | SPAQ | Horizon Kinetics SPAC | PairCorr |
| 0.56 | PULS | PGIM Ultra Short Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Renaissance IPO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Renaissance IPO 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 Renaissance IPO - 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 Renaissance IPO ETF to buy it.
The correlation of Renaissance IPO 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 Renaissance IPO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Renaissance IPO ETF 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 Renaissance IPO 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, which includes a position in Renaissance IPO ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of Renaissance IPO ETF is measured differently than its book value, which is the value of Renaissance that is recorded on the company's balance sheet. Investors also form their own opinion of Renaissance IPO's value that differs from its market value or its book value, called intrinsic value, which is Renaissance IPO'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 Renaissance IPO's market value can be influenced by many factors that don't directly affect Renaissance IPO'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 Renaissance IPO's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renaissance IPO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renaissance IPO'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.