Evolve Future Ownership
| LEAD Etf | CAD 20.28 0.08 0.39% |
Evolve |
Evolve Etf Ownership Analysis
The fund maintains 95.63% of assets in stocks. The investment objective of LEAD is to seek to provide holders of Units with long-term capital appreciation by investing primarily in a diversified mix of equity securities of companies located domestically or internationally that the Manager has determined are leaders in sectors that stand to benefit from medium and long term economic trends. EVOLVE FUTURE is traded on Toronto Stock Exchange in Canada. To find out more about Evolve Future Leadership contact the company at 844-370-4884.Top Etf Constituents
| ISRG | Intuitive Surgical | Stock | |
| VRTX | Vertex Pharmaceuticals | Stock | |
| COIN | Coinbase Global | Stock | |
| SHOP | Shopify | Stock | |
| NVDA | NVIDIA | Stock | |
| LIFE | Evolve Global Healthcare | Etf | |
| LLY | Eli Lilly and | Stock | |
| MSFT | Microsoft | Stock | |
| AMZN | Amazon Inc | Stock | |
| MSTR | MicroStrategy Incorporated | Stock |
Pair Trading with Evolve Future
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 Evolve Future 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 Evolve Future will appreciate offsetting losses from the drop in the long position's value.Moving together with Evolve Etf
| 0.62 | XEQT | iShares Core Equity | PairCorr |
| 0.7 | XAW | iShares Core MSCI | PairCorr |
| 0.84 | DXG | Dynamic Active Global | PairCorr |
| 0.72 | VXC | Vanguard FTSE Global | PairCorr |
| 0.71 | XWD | iShares MSCI World | PairCorr |
Moving against Evolve Etf
The ability to find closely correlated positions to Evolve Future could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evolve Future 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 Evolve Future - 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 Evolve Future Leadership to buy it.
The correlation of Evolve Future 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 Evolve Future moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evolve Future Leadership 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 Evolve Future 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.Other Information on Investing in Evolve Etf
Evolve Future financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve Future security.