(BOAT) SonicShares Global Shipping - Ratings and Ratios
Global, Shipping, Companies, Marine, Transport, Logistics, Freight
Description: BOAT SonicShares Global Shipping
The SonicShares Global Shipping ETF (NYSE ARCA:BOAT) is an exchange-traded fund that tracks a rules-based index, providing investors with exposure to a global portfolio of companies operating in the water transportation industry. The funds investment strategy is centered around replicating the performance of its underlying index, which comprises a basket of securities issued by companies engaged in shipping activities.
The funds portfolio is heavily concentrated in the industrials sector, with at least 80% of its net assets allocated to global shipping companies. The investment adviser may also invest in other securities or instruments that are not part of the index, but are deemed to help the fund track its benchmark. As a non-diversified fund, BOATs investment portfolio may be more susceptible to volatility and market fluctuations.
From a technical analysis perspective, BOATs price action indicates a potential bullish trend. The funds last price is $29.87, with a 20-day simple moving average (SMA) of $27.40 and a 50-day SMA of $26.44, suggesting a positive crossover. The 200-day SMA stands at $28.14, indicating that the fund is currently trading above its long-term average. The average true range (ATR) is $0.63, representing a 2.11% daily volatility. Given the current technical setup, it is likely that BOAT will continue to trade within the range of $28-$34, with a potential breakout above $34, driven by the momentum indicated by the SMAs.
Fundamentally, the funds assets under management (AUM) stand at $34.92 million USD, which is a relatively modest size. However, this does not necessarily impact the funds ability to track its underlying index. Considering the current market conditions and the global demand for shipping services, it is likely that the fund will continue to attract investors seeking exposure to the industrials sector. Based on the technical and fundamental data, a forecast for BOAT is a potential price appreciation to $32-$35 in the near term, driven by the positive technical trend and the funds underlying investment strategy.
BOAT ETF Overview
| Market Cap in USD | 47m |
| Category | Industrials |
| TER | 0.69% |
| IPO / Inception | 2021-08-03 |
BOAT ETF Ratings
| Growth Rating | 66.5% |
| Fundamental | - |
| Dividend Rating | 79.2% |
| Return 12m vs S&P 500 | -1.90% |
| Analyst Rating | - |
BOAT Dividends
| Dividend Yield 12m | 13.18% |
| Yield on Cost 5y | 26.34% |
| Annual Growth 5y | 76.07% |
| Payout Consistency | 78.1% |
| Payout Ratio | % |
BOAT Growth Ratios
| Growth Correlation 3m | 93.7% |
| Growth Correlation 12m | 27% |
| Growth Correlation 5y | 87.8% |
| CAGR 5y | 20.85% |
| CAGR/Max DD 3y | 0.61 |
| CAGR/Mean DD 3y | 3.17 |
| Sharpe Ratio 12m | 0.18 |
| Alpha | 0.02 |
| Beta | 0.917 |
| Volatility | 18.66% |
| Current Volume | 5.9k |
| Average Volume 20d | 8.4k |
| Stop Loss | 32.6 (-3.1%) |
| Signal | 0.36 |
What is the price of BOAT shares?
Over the past week, the price has changed by +2.18%, over one month by +8.31%, over three months by +12.79% and over the past year by +16.47%.
Is SonicShares Global Shipping a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BOAT is around 40.20 USD . This means that BOAT is currently undervalued and has a potential upside of +19.5% (Margin of Safety).
Is BOAT a buy, sell or hold?
What are the forecasts/targets for the BOAT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 45.2 | 34.3% |
Last update: 2025-09-17 04:31
BOAT Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = 0.79
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 47.0m USD (47.0m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 47.0m)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 47.0m / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown Debt (none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(47.0m)/V(0.0) * Re(9.40%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 9.40% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for BOAT ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle