Evolve Active Global Etf Profile
| EARN Etf | CAD 47.62 0.10 0.21% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Evolve Active is selling at 47.62 as of the 20th of April 2024; that is -0.21 percent decrease since the beginning of the trading day. The etf's open price was 47.72. Evolve Active has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Evolve Active Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of February 2023 and ending today, the 20th of April 2024. Click here to learn more.
The investment objective of EARN is to generate positive returns throughout the interest rate and economic cycles, firstly by allocating to different credit asset classes, and also through bottom-up individual security selection. EVOLVE ACTIVE is traded on Toronto Stock Exchange in Canada.. More on Evolve Active Global
Moving together with Evolve Etf
| 0.63 | XSC | iShares Conservative | PairCorr |
| 0.84 | HEU | BetaPro SP TSX | PairCorr |
Evolve 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. Evolve Active's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Evolve Active or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Multi-Sector Fixed Income , Evolve Funds Group Inc. (View all Sectors) |
| Updated At | 19th of April 2024 |
Evolve Active Global [EARN] is traded in Canada and was established 2018-11-13. The fund is listed under Multi-Sector Fixed Income category and is part of Evolve Funds Group Inc. family. Evolve Active Global currently have 31.15 M in assets under management (AUM). , while the total return for the last 3 years was 1.6%.
Check Evolve Active Probability Of Bankruptcy
Top Evolve Active Global Etf Constituents
| Arcelik A.S. 5% | 1.37% |
| Verisure Holding AB 3.25% | 1.2999999% |
| Petroleos Mexicanos 6.88% | 1.46% |
| Nexi SPA 1.62% | 1.28% |
| FCT CREDIT AGRICOLE HABITAT 2018 0% | 1.55% |
| HSBC Holdings plc 5.88% | 1.36% |
| Arrow Cmbs 2018 DAC 1.1% | 1.63% |
| United States Treasury Bills | 2.5999999% |
| Orano SA 3.38% | 1.68% |
| Credit Agricole Assurances 4.25% | 1.75% |
Evolve Active Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Evolve Active jumping above the current price in 90 days from now is about 45.88%. The Evolve Active Global probability density function shows the probability of Evolve Active etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Evolve Active has a beta of 0.0496 suggesting as returns on the market go up, Evolve Active average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Evolve Active Global will be expected to be much smaller as well. Additionally, evolve Active Global has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Evolve Active to move above the current price in 90 days from now is about 45.88 (This Evolve Active Global probability density function shows the probability of Evolve Etf to fall within a particular range of prices over 90 days) .
Evolve Active Global Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Evolve Active market risk premium is the additional return an investor will receive from holding Evolve Active 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 Evolve Active. 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 Evolve Active's alpha and beta are two of the key measurements used to evaluate Evolve Active's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.236 | |||
| Semi Deviation | 0.3714 | |||
| Standard Deviation | 0.4054 | |||
| Variance | 0.1644 |
Evolve Active Global Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Evolve Active Global Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Evolve Active price patterns.
Evolve Active Against Markets
Picking the right benchmark for Evolve Active 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 Evolve Active 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 Evolve Active is critical whether you are bullish or bearish towards Evolve Active Global at a given time. Please also check how Evolve Active'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 Evolve Active 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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How to buy Evolve Etf?
Before investing in Evolve Active, 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 Evolve Active. To buy Evolve Active etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Evolve Active. 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 Evolve Active etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Evolve Active Global 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 Evolve Active Global 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 Evolve Active Global, 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.
Already Invested in Evolve Active Global?
The danger of trading Evolve Active Global 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 Evolve Active 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 Evolve Active. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Evolve Active Global 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolve Active Global. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.