ClearShares Piton Intermediate Fixed Income ETF PIFI
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
ClearShares Piton Intermediate Fixed Income ETF (PIFI) Investment Strategy and Portfolio Holdings Overview
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus borrowings for investment purposes) in debt securities and in derivatives and other instruments that have economic characteristics similar to such securities. It principally invests in U.S.-dollar denominated, investment-grade securities and seeks to typically maintain a dollar-weighted average portfolio maturity of zero to ten years. The fund is non-diversified.
Key Insights
ClearShares Piton Intermediate Fixed Income ETF (PIFI) Essential ETF Metrics and Performance Data
Latest Closing Price
$94.725Market Cap
$99.67 MillionAverage Daily Volume
1,161 Shares52-Week Range
$91.44-$95.95Total Outstanding Shares
1.05 Million SharesCurrent Dividend
$0.21 Per Share QuarterlyInception Date
October 2, 2020