BWET 📈 ETF Managers Group - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US26923H3093 • Commodities Focused
BWET: Commodities, Futures, Shipping, Crude, Oil, Freight
Freight Futures reflect market expectations for the future cost of transporting crude oil. Each Reference Index is published each United Kingdom business day by the London-based Baltic Exchange Ltd. (the 'Baltic Exchange') and measures the charter rate for shipping crude oil in a specific size category of cargo ship and for a specific route.
Additional Sources for BWET ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
BWET ETF Overview
| Market Cap in USD | 1m |
| Category | Commodities Focused |
| TER | 3.50% |
| IPO / Inception | 2023-05-01 |
BWET ETF Ratings
| Growth 5y | -43.2% |
| Fundamental | - |
| Dividend | - |
| Rel. Strength Industry | -294 |
| Analysts | - |
| Fair Price Momentum | 10.85 USD |
| Fair Price DCF | - |
BWET Dividends
No Dividends PaidBWET Growth Ratios
| Growth Correlation 3m | -82.5% |
| Growth Correlation 12m | -90% |
| Growth Correlation 5y | -49.7% |
| CAGR 5y | -6.17% |
| CAGR/Mean DD 5y | -0.30 |
| Sharpe Ratio 12m | -0.73 |
| Alpha | -30.18 |
| Beta | -0.33 |
| Volatility | 51.81% |
| Current Volume | 18.7k |
| Average Volume 20d | 4.4k |
What is the price of BWET stocks?
As of January 15, 2025, the stock is trading at USD 12.50 with a total of 18,700 shares traded.
Over the past week, the price has changed by +42.38%, over one month by +29.52%, over three months by -15.77% and over the past year by -30.19%.
As of January 15, 2025, the stock is trading at USD 12.50 with a total of 18,700 shares traded.
Over the past week, the price has changed by +42.38%, over one month by +29.52%, over three months by -15.77% and over the past year by -30.19%.
Is ETF Managers Group a good stock to buy?
Probably not. Based on ValueRay Analyses, ETF Managers Group (NYSE ARCA:BWET) is currently (January 2025) not a good stock to buy. It has a ValueRay Growth Rating of -43.21 and therefor a somwhat technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BWET as of January 2025 is 10.85. This means that BWET is currently overvalued and has a potential downside of -13.2%.
Probably not. Based on ValueRay Analyses, ETF Managers Group (NYSE ARCA:BWET) is currently (January 2025) not a good stock to buy. It has a ValueRay Growth Rating of -43.21 and therefor a somwhat technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BWET as of January 2025 is 10.85. This means that BWET is currently overvalued and has a potential downside of -13.2%.
Is BWET a buy, sell or hold?
ETF Managers Group has no consensus analysts rating.
ETF Managers Group has no consensus analysts rating.
What are the forecast for BWET stock price target?
According to ValueRays Forecast Model, BWET ETF Managers Group will be worth about 11.7 in January 2026. The stock is currently trading at 12.50. This means that the stock has a potential downside of -6.24%.
According to ValueRays Forecast Model, BWET ETF Managers Group will be worth about 11.7 in January 2026. The stock is currently trading at 12.50. This means that the stock has a potential downside of -6.24%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 11.7 | -6.2% |