SSUS Stock Summary and Trading Ideas (Day Hagan/Ned Davis Research Smart Sector ETF | ARCA:SSUS)

The Fund s investment objective is to seek long-term capital appreciation and preservation of capital. The Fund s investment advisor, Day Hagan Asset Management, LLC (the Advisor ), actively manages the Fund s portfolio using proprietary investment models co-developed with Ned Davis Research ( NDR ). The Fund is considered a fund of funds that, under normal market conditions, seeks to achieve its investment objective by principally investing in unaffiliated equity exchange traded funds ( ETFs ) that track the performance of the individual sectors ( Sectors ) of the S&P 500 Index ( Index ). The Fund will attempt to enhance returns relative to the Index by overweighting and underweighting its exposure to the Sectors relative to the Index and may reduce its overall exposure to ETFs as determined by its risk management model. The Fund utilizes the NDR U.S. Sector Model to determine its allocation to each Sector. The model combines price-based, economic, fundamental and behavioral indicators to form a composite for each Sector. By combining multiple indicators, which historically have been shown to add value in Sector allocation decisions, the model seeks to objectively assess the weight of the evidence and generate sector allocation recommendations.

Day Hagan/Ned Davis Research Smart Sector ETF trades on the ARCA stock market under the symbol SSUS.

As of April 19, 2024, SSUS stock price declined to $36.32 with 47,833 million shares trading.

SSUS has a beta of 0.87, meaning it tends to be less sensitive to market movements. SSUS has a correlation of 0.90 to the broad based SPY ETF.

SSUS has a market cap of $608.36 million. This is considered a Small Cap stock.

In the last 3 years, SSUS stock traded as high as $38.53 and as low as $28.54.

SSUS has underperformed the market in the last year with a price return of +10.1% while the SPY ETF gained +21.2%. SSUS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.3% and -3.5%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

SSUS support price is $36.22 and resistance is $36.80 (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 SSUS stock will trade within this expected range on the day.