Clearshares Ultra Short Maturity Etf Profile
| OPER Etf | USD 100.50 0.03 0.03% |
Performance46 of 100
| Odds Of DistressLess than 9
|
ClearShares Ultra is selling at 100.50 as of the 24th of April 2024; that is 0.03 percent up since the beginning of the trading day. The etf's lowest day price was 100.48. ClearShares Ultra has less than a 9 % chance of experiencing financial distress in the next few years and had a excellent performance during the last 90 days. Equity ratings for ClearShares Ultra Short Maturity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective primarily by investing in repurchase agreements collateralized by U.S. government securities. Clearshares Ultra-Short is traded on NYSEARCA Exchange in the United States. More on ClearShares Ultra Short Maturity
Moving together with ClearShares Etf
| 0.99 | BIL | SPDR Bloomberg 1 | PairCorr |
| 1.0 | SHV | iShares Short Treasury | PairCorr |
| 0.98 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.97 | USFR | WisdomTree Floating Rate | PairCorr |
| 0.98 | ICSH | iShares Ultra Short | PairCorr |
| 0.99 | FTSM | First Trust Enhanced | PairCorr |
| 0.99 | SGOV | iShares 0 3 | PairCorr |
Moving against ClearShares Etf
| 0.87 | YCL | ProShares Ultra Yen | PairCorr |
| 0.82 | FXY | Invesco CurrencyShares | PairCorr |
ClearShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ClearShares Ultra's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ClearShares Ultra or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Ultrashort Bond, ClearShares (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 1.66 |
| Name | ClearShares Ultra-Short Maturity ETF |
| Currency Code | USD |
| In Threey Volatility | 0.63 |
| 1y Volatility | 0.07 |
| 200 Day M A | 100.35 |
| 50 Day M A | 100.31 |
| Code | OPER |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (1.53) |
| Type | ETF |
ClearShares Ultra Short Maturity [OPER] is traded in USA and was established 2018-07-10. The fund is listed under Ultrashort Bond category and is part of ClearShares family. ClearShares Ultra Short now have 260.42 M in assets. , while the total return for the last 3 years was 2.9%.
Check ClearShares Ultra Probability Of Bankruptcy
Sector Allocation
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 ClearShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ClearShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ClearShares Ultra Short Maturity Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top ClearShares Ultra Short Maturity Etf Constituents
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund |
ClearShares Ultra Target Price Odds Analysis
In regard to a normal probability distribution, the odds of ClearShares Ultra jumping above the current price in 90 days from now is nearly 4.62%. The ClearShares Ultra Short Maturity probability density function shows the probability of ClearShares Ultra etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days ClearShares Ultra Short Maturity has a beta of close to zero. This indicates the returns on NYSE COMPOSITE and ClearShares Ultra do not appear to be sensible. Additionally, it does not look like ClearShares Ultra's alpha can have any bearing on the current valuation.
Based on a normal probability distribution, the odds of ClearShares Ultra to move above the current price in 90 days from now is nearly 4.62 (This ClearShares Ultra Short Maturity probability density function shows the probability of ClearShares Etf to fall within a particular range of prices over 90 days) .
ClearShares Ultra Top Holders
| PIFI | ClearShares Piton Intermediate | Etf | Intermediate Core Bond |
| OCIO | ClearShares OCIO ETF | Etf | Moderate Allocation |
| BTC | BTC | Etf | Intermediate-Term Bond |
ClearShares Ultra Short Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ClearShares Ultra market risk premium is the additional return an investor will receive from holding ClearShares Ultra long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ClearShares Ultra. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ClearShares Ultra's alpha and beta are two of the key measurements used to evaluate ClearShares Ultra's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1976 | |||
| Total Risk Alpha | 0.0054 | |||
| Sortino Ratio | (1.25) | |||
| Mean Deviation | 0.0202 |
ClearShares Ultra Against Markets
Picking the right benchmark for ClearShares Ultra etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ClearShares Ultra etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ClearShares Ultra is critical whether you are bullish or bearish towards ClearShares Ultra Short Maturity at a given time. Please also check how ClearShares Ultra's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ClearShares Ultra without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy ClearShares Etf?
Before investing in ClearShares Ultra, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ClearShares Ultra. To buy ClearShares Ultra etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ClearShares Ultra. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ClearShares Ultra etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ClearShares Ultra Short Maturity etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ClearShares Ultra Short Maturity etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as ClearShares Ultra Short Maturity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ClearShares Etf please use our How to Invest in ClearShares Ultra guide.
Already Invested in ClearShares Ultra Short Maturity?
The danger of trading ClearShares Ultra Short Maturity is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ClearShares Ultra is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ClearShares Ultra. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ClearShares Ultra Short is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ClearShares Ultra Short is a strong investment it is important to analyze ClearShares Ultra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ClearShares Ultra's future performance. For an informed investment choice regarding ClearShares Etf, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ClearShares Ultra Short Maturity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the ClearShares Ultra Short information on this page should be used as a complementary analysis to other ClearShares Ultra's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of ClearShares Ultra Short is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares Ultra's value that differs from its market value or its book value, called intrinsic value, which is ClearShares Ultra'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 ClearShares Ultra's market value can be influenced by many factors that don't directly affect ClearShares Ultra'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 ClearShares Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares Ultra'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.