BOAT 📈 SonicShares Global Shipping - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US8863646456 • Industrials
BOAT: Containers, Tankers, Freight, Logistics, Ships
The index is a rules-based index that seeks to provide exposure to a global portfolio of companies identified as being engaged in the water transportation industry. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested in Global Shipping Companies. It also may invest in securities or other investments not included in the index, but which the fund's investment adviser believes will help it track the index. The fund is non-diversified.
Additional Sources for BOAT ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
BOAT ETF Overview
| Market Cap in USD | 35m |
| Category | Industrials |
| TER | 0.69% |
| IPO / Inception | 2021-08-03 |
BOAT ETF Ratings
| Growth 5y | 69.1% |
| Fundamental | - |
| Dividend | 83.0% |
| Rel. Strength Industry | -87.2 |
| Analysts | - |
| Fair Price Momentum | 28.97 USD |
| Fair Price DCF | - |
BOAT Dividends
| Dividend Yield 12m | 13.57% |
| Yield on Cost 5y | 23.98% |
| Annual Growth 5y | 76.07% |
| Payout Consistency | 78.1% |
BOAT Growth Ratios
| Growth Correlation 3m | -80.7% |
| Growth Correlation 12m | 28.2% |
| Growth Correlation 5y | 88% |
| CAGR 5y | 17.94% |
| CAGR/Mean DD 5y | 1.80 |
| Sharpe Ratio 12m | 0.04 |
| Alpha | -13.52 |
| Beta | 0.61 |
| Volatility | 21.03% |
| Current Volume | 11.3k |
| Average Volume 20d | 21k |
What is the price of BOAT stocks?
As of January 15, 2025, the stock is trading at USD 28.61 with a total of 11,288 shares traded.
Over the past week, the price has changed by +1.03%, over one month by +2.67%, over three months by -8.47% and over the past year by +2.76%.
As of January 15, 2025, the stock is trading at USD 28.61 with a total of 11,288 shares traded.
Over the past week, the price has changed by +1.03%, over one month by +2.67%, over three months by -8.47% and over the past year by +2.76%.
Is SonicShares Global Shipping a good stock to buy?
Yes. Based on ValueRay Analyses, SonicShares Global Shipping (NYSE ARCA:BOAT) is currently (January 2025) a good stock to buy. It has a ValueRay Growth Rating of 69.12 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BOAT as of January 2025 is 28.97. This means that BOAT is currently overvalued and has a potential downside of 1.26%.
Yes. Based on ValueRay Analyses, SonicShares Global Shipping (NYSE ARCA:BOAT) is currently (January 2025) a good stock to buy. It has a ValueRay Growth Rating of 69.12 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BOAT as of January 2025 is 28.97. This means that BOAT is currently overvalued and has a potential downside of 1.26%.
Is BOAT a buy, sell or hold?
SonicShares Global Shipping has no consensus analysts rating.
SonicShares Global Shipping has no consensus analysts rating.
What are the forecast for BOAT stock price target?
According to ValueRays Forecast Model, BOAT SonicShares Global Shipping will be worth about 31.8 in January 2026. The stock is currently trading at 28.61. This means that the stock has a potential upside of +11.15%.
According to ValueRays Forecast Model, BOAT SonicShares Global Shipping will be worth about 31.8 in January 2026. The stock is currently trading at 28.61. This means that the stock has a potential upside of +11.15%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 31.8 | 11.1% |