(ENTR) ERShares Entrepreneurs - Ratings and Ratios

The ERShares Entrepreneurs ETF (ENTR) is an investment vehicle that focuses on equities of mid-to-large cap companies listed on major US exchanges, including NASDAQ and NYSE. By investing in a range of equity securities such as common stocks, preferred stocks, and depositary receipts, the fund provides exposure to a broad spectrum of entrepreneurial-driven businesses.

The non-diversified nature of the ENTR ETF means it can potentially concentrate its investments in a smaller number of securities, which may result in higher volatility compared to diversified funds. This characteristic can be both a risk and an opportunity, as it allows the fund to significantly benefit from the performance of its top holdings.

Analyzing the technical data, the ENTR ETF has shown a relatively stable trend, with its last price of $17.01 exceeding both its 20-day and 50-day Simple Moving Averages (SMA) of $16.10 and $16.24, respectively. This indicates a positive short-term trend. The Average True Range (ATR) of 0.57, equivalent to a 3.36% daily volatility, suggests moderate daily price fluctuations. Considering the 52-week high and low of $19.46 and $13.95, the current price is roughly midway, suggesting potential for both upward and downward movements.

From a fundamental perspective, the ENTR ETF has an Assets Under Management (AUM) of $327.52 million, indicating a moderate size that could allow for efficient trading without significant market impact. As an ETF categorized under Large Growth, it is designed to capitalize on growth opportunities in the market, potentially driven by innovative and entrepreneurial companies.

Forecasting based on the technical and fundamental data, a potential scenario could unfold as follows: Given the current price above its short-term SMAs and a relatively moderate ATR, the ENTR ETF may continue its upward trend if the overall market sentiment remains positive towards large-cap growth stocks. However, its non-diversified nature and the inherent volatility in the growth sector could lead to significant price swings. If the AUM continues to grow, it could attract more investors, potentially driving the price up. Conversely, any downturn in the growth sector or significant outflows could negatively impact the ETFs price. A break above the 52-week high of $19.46 could signal further upside potential, while a drop below the SMA200 at $16.89 might indicate a longer-term downtrend.