The investment aspires to produce investment outcomes that, before fees and expenses, are broadly comparable to the ROBO Global Robotics and Automation Index’s price and yield performance. The fund will typically invest at least 80% of its total assets in index securities or depositary receipts reflecting index securities. The index is intended to track the performance of enterprises involved in robotics and/or automation. The fund can invest up to 20% of its assets in non-index investments that the Adviser and Sub-Adviser feel will help it track the index. It isn’t well-balanced.
Is Robo stock a good investment?
On Monday, January 10, 2022, a buy signal was sent from a pivot bottom point, and it has since increased 1.75 percent. More upward movement is expected until a new top pivot is discovered. Despite rising prices, volume declined over the previous trading day. This generates a price-volume discrepancy, which could be an early warning sign. The ETF should be properly monitored. Negative signals were also sent out, and these could have an impact on the near-term trajectory. Both short and long-term moving averages on the Robo-Stox Global Robotics and Automation ETF have issued sell signals, indicating a more bearish outlook for the company. In addition, when the long-term average is higher than the short-term average, the relationship between the two signals generates a general sell signal. The lines at $68.21 and $68.88 will provide some resistance on upward corrections. If a break-up occurs above any of these levels, buy signals will be issued. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD) (MACD).
Support, Risk & Stop-loss
At $66.99, Robo-Stox Global Robotics and Automation finds support from accumulated volume, and this level may offer a buying opportunity because an upwards reaction is likely when the support is tested.
What does a robo ETF put its money into?
The ROBO Global Robotics & Automation ETF (ROBO) invests in global companies that are driving transformative innovations in robotics, automation, and artificial intelligence (RAAI), such as companies that develop technology that allows truly intelligent systems to sense, process, and act, and companies that apply that technology.
Is Robo Global a reputable firm?
The MSCI ESG Fund Rating for ROBO Global Robotics and Automation Index ETF is A, with a score of 6.61 out of ten. Highly rated funds are made up of companies that have a history of strong and/or improving environmental, social, and governance management.
What is the purpose of robo Global?
ROBO Global is a robotics, artificial intelligence, and healthcare technology index, advisory, and research firm dedicated solely to assisting investors in capitalizing on the unique opportunities presented by fast-growing robotics, artificial intelligence, and healthcare technology companies around the world.
Is Amon a decent exchange-traded fund (ETF)?
- The AMOM ETF invests across companies to capture the momentum equity component using an AI-driven proprietary algorithm.
- AMOM has beaten other ETFs and the overall market since its launch in 2019, underscoring its appeal.
- AMOM is a high-quality fund that can be used to add long-term exposure to large-cap US stocks to a diversified portfolio.
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What exactly is robotrade?
Robot trading, also known as algorithmic trading or automated trading, is a computer-assisted trading system that allows traders to rely on computers to perform user-defined tasks like entry and exit according to pre-determined rules.
Is robotics considered a technology?
Robotics is a field that combines science, engineering, and technology to create devices called robots that do (or mimic) human tasks. Robots have long been a source of fascination in popular culture. R2-D2. Optimus Prime is a robot. WALL-E. These exaggerated, humanoid robot concepts often appear to be caricatures of the real thing…or are they more foresighted than we realize? Robots are developing cognitive and mechanical capabilities that do not rule out the potential of an R2-D2-like machine in the future.