MOM:NYE-AGFiQ U.S. Market Neutral Momentum Fund (USD)

ETF | Market Neutral | NYE

Last Closing Price

USD 29.44

Change

0.00 (0.00)%

Market Cap

USD 4.23M

Volume

2.50K

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Momentum Index. The fund invests at least 80% of its net assets in common stock of the long positions in the underlying index and sell short at least 80% of the short positions in the underlying index. The index is a long/short market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-05-31 )

Largest Industry Peers for Market Neutral

Symbol Name Mer Price(Change) Market Cap
MNA IQ Merger Arbitrage ETF 0.77 %

N/A

USD0.72B
BTAL AGFiQ U.S. Market Neutral Anti.. 2.11 %

N/A

USD0.15B
QMN IQ Hedge Market Neutral Tracke.. 0.67 %

N/A

USD0.02B
GDG Gadsden Dynamic Growth ETF 0.88 %

N/A

USD0.02B
QED IQ Hedge Event-Driven Tracker .. 0.78 %

N/A

USD8.35M
AGGE IQ Enhanced Core Bond U.S. ETF 0.28 %

N/A

USD6.88M
RALS ProShares RAFI Long/Short 0.95 %

N/A

USD5.44M
SIZ AGFiQ U.S. Market Neutral Size.. 2.82 %

N/A

USD0.88M
CHEP AGFiQ U.S. Market Neutral Valu.. 1.91 %

N/A

USD0.80M

ETFs Containing MOM

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Market Neutral)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 27.94% 100% A+ 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 27.94% 100% A+ 95% A
Trailing 12 Months  
Capital Gain 15.23% 100% A+ 85% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 15.23% 100% A+ 84% B
Trailing 5 Years  
Capital Gain 18.23% 86% B 75% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 18.23% 71% C- 62% D-
Average Annual (5 Year Horizon)  
Capital Gain -0.36% 50% F 28% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -0.36% 50% F 20% F
Risk Return Profile  
Volatility (Standard Deviation) 10.89% 25% F 73% C
Risk Adjusted Return -3.31% 50% F 18% F
Market Capitalization 4.23M 25% F 4% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.