Solowin Holdings Ownership
SWIN Etf | USD 1.78 0.08 4.71% |
Solowin |
Solowin Etf Ownership Analysis
The fund maintains 99.81% of assets in stocks. The investment seeks investment results that correspond generally to the performance of the Dorsey Wright US Sector Momentum Index . ALPSDorsey Wright is traded on NASDAQ General Markets in USA. To find out more about Solowin Holdings Ordinary contact Shing CFA at 852 3428 3893 or learn more at https://www.solomonwin.com.hk.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 Solowin Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Solowin Holdings , and the less return is expected.
Top Etf Constituents
MTD | Mettler Toledo International | Stock | |
LNG | Cheniere Energy | Stock | |
AAPL | Apple Inc | Stock | |
SIRI | Sirius XM Holding | Stock | |
LMT | Lockheed Martin | Stock | |
ANSS | ANSYS Inc | Stock | |
AMD | Advanced Micro Devices | Stock | |
ORLY | OReilly Automotive | Stock | |
UNH | UnitedHealth Group Incorporated | Stock | |
IEX | IDEX Corporation | Stock | |
BDX | Becton Dickinson and | Stock | |
VFC | VF Corporation | Stock | |
WAL | Western Alliance Bancorporation | Stock | |
COO | The Cooper Companies, | Stock | |
AMZN | Amazon Inc | Stock | |
NKE | Nike Inc | Stock | |
SUI | Sun Communities | Stock | |
SRPT | Sarepta Therapeutics | Stock | |
HD | Home Depot | Stock | |
ROP | Roper Technologies, | Stock | |
DPZ | Dominos Pizza Common | Stock | |
TDG | Transdigm Group Incorporated | Stock | |
FCX | Freeport McMoran Copper Gold | Stock |
Pair Trading with Solowin Holdings
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 Solowin Holdings 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 Solowin Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Solowin Etf
0.68 | V | Visa Class A | PairCorr |
0.68 | MA | Mastercard | PairCorr |
0.64 | DOMH | Dominari Holdings Earnings Call This Week | PairCorr |
0.49 | AC | Associated Capital | PairCorr |
0.49 | XP | Xp Inc | PairCorr |
The ability to find closely correlated positions to Solowin Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solowin Holdings 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 Solowin Holdings - 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 Solowin Holdings Ordinary to buy it.
The correlation of Solowin Holdings 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 Solowin Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solowin Holdings Ordinary 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 Solowin Holdings 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 Solowin Etf
Solowin Holdings financial ratios help investors to determine whether Solowin 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 Solowin with respect to the benefits of owning Solowin Holdings security.