Stocks to buy now March 2024 and hold for long timeI think these stocks have huge upward potential according to technical anlaysis. mostly. SO you will have to the fundametal analysis yourself to support these ideas.
The stocks are:
Alibaba (BABA), Xinyi Solar(0986) , Abcellera Biologics (ABCL), Everi (EVRI), Teekay Tankers (TNK), Mix Telematics(MIX
Key stats
About SPDR S&P Kensho New Economies Composite ETF
Home page
Inception date
Oct 22, 2018
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
KOMP looks for companies from developed and emerging markets that are transforming the economy by driving innovation and advancements in new economy technologies. The funds underlying index is a composite of various S&P New Economy sub-indexes, each constructed around a theme such as autonomous vehicles, 3D printing, genetic engineering, nanotechnology, and the like. The sub-indexes themselves rely on AI to select constituentsa computer algorithm scans company filings for relevant terms, selects holdings, and classifies them as core or non-core based on the frequency and position of these terms. Holdings within each sub-index are initially equal-weighted, with an overweight applied to core firms. KOMPs underlying composite index weights each sub-index by a proprietary risk/return ratio. The index rebalances on a semi-annual basis.
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stock breakdown by region
Top 10 holdings
KOMP TA - BullishAMEX:KOMP
KOMP seems pretty bullish. There is a strong wedge down, price touched the FIB 0.618 retracement and bounced, stochastic crossed, Fractals seem bullish, MACD still haven't crossed but it's close. There is a little gap that not filled yet. last candle is hammer
First TP = $69.49
Second T
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
KOMP trades at 50.09 USD today, its price has fallen −0.08% in the past 24 hours. Track more dynamics on KOMP price chart.
KOMP net asset value is 50.10 today — it's risen 16.99% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
KOMP assets under management is 2.19 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
KOMP price has risen by 15.52% over the last month, and its yearly performance shows a 4.99% increase. See more dynamics on KOMP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 16.99% over the last month, showed a −6.27% decrease in three-month performance and has increased by 5.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 16.99% over the last month, showed a −6.27% decrease in three-month performance and has increased by 5.58% in a year.
KOMP fund flows account for 61.60 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
KOMP invests in stocks. See more details in our Analysis section.
KOMP expense ratio is 0.20%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, KOMP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, KOMP technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating KOMP shows the strong buy signal. See more of KOMP technicals for a more comprehensive analysis.
Today, KOMP technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating KOMP shows the strong buy signal. See more of KOMP technicals for a more comprehensive analysis.
Yes, KOMP pays dividends to its holders with the dividend yield of 1.12%.
KOMP trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
KOMP shares are issued by State Street Corp.
KOMP follows the S&P Kensho New Economies Composite Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 22, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.