AUSF Stock Summary and Trading Ideas (Global X Adaptive US Factor ETF | ARCA:AUSF)

The Global X Adaptive U.S. Factor ETF (AUSF) seeks to outperform traditional cap-weighted indexes by employing a dynamic multi-factor investment strategy that allocates across three factors: minimum volatility, value, and momentum. The Fund invests at least 80% of its total assets in the securities of the Underlying Index. The Fund s 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Underlying Index is owned and was developed by Carroll Financial (the Index Provider ). The Index is calculated and maintained by Solactive AG (the "Calculation Agent"). The Underlying Index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. Each factor is represented by a sub-index that is derived from the Solactive U.S. Large & Mid Cap Index, which is designed to measure the 1,000 largest companies, by free float market capitalization, that are exchange-listed in the United States.

Global X Adaptive US Factor ETF trades on the ARCA stock market under the symbol AUSF.

As of April 19, 2024, AUSF stock price climbed to $39.26 with 14,575 million shares trading.

AUSF has a beta of 0.90, meaning it tends to be less sensitive to market movements. AUSF has a correlation of 0.67 to the broad based SPY ETF.

AUSF has a market cap of $238.31 million. This is considered a Small Cap stock.

In the last 3 years, AUSF stock traded as high as $41.71 and as low as $27.62.

AUSF has outperformed the market in the last year with a price return of +28.5% while the SPY ETF gained +21.2%. AUSF has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +5.2% and -2.1%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

AUSF support price is $38.48 and resistance is $39.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AUSF stock will trade within this expected range on the day.