Tremblant Global ETF(TOGA · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

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TOGA — —
Snapshot
Info

Tremblant Global ETF (TOGA) ETF

Exchange
ARCX
Inception
2024-04-30
Has Options
No
ETF Profile
holdings as of 2026-12-31
Holdings
29
AUM
$153.6M
Provider
Nport
Inception
2024-04-30
Exchange
ARCX
Data As Of
2026-12-31
Expense Ratio
—
Dividend Yield
—
Distribution
—
Asset Allocation
Top Holdings
top 29 of 29 holdings
Symbol Name Weight % Asset Class Country
— Spotify Technology SA 5.46% Equity (common) SE
— Grab Holdings Ltd 5.28% Equity (common) SG
CPNG Coupang Inc 5.16% Equity (common) US
UBER Uber Technologies Inc 4.91% Equity (common) US
RDDT Reddit Inc 4.88% Equity (common) US
WH Wyndham Hotels & Resorts Inc 4.86% Equity (common) US
AMZN Amazon.com Inc 4.39% Equity (common) US
TKO TKO Group Holdings Inc 4.35% Equity (common) US
WING Wingstop Inc 4.34% Equity (common) US
LYV Live Nation Entertainment Inc 4.33% Equity (common) US
DASH DoorDash Inc 4.05% Equity (common) US
CMG Chipotle Mexican Grill Inc 4.01% Equity (common) US
MTCH Match Group Inc 3.80% Equity (common) US
CSGP CoStar Group Inc 3.77% Equity (common) US
— CTS Eventim AG & Co KGaA 3.54% Equity (common) DE
MELI MercadoLibre Inc 3.23% Equity (common) UY
PANW Palo Alto Networks Inc 3.22% Equity (common) US
AFRM Affirm Holdings Inc 3.00% Equity (common) US
SHOP Shopify Inc 2.99% Equity (common) CA
QTWO Q2 Holdings Inc 2.76% Equity (common) US
VRNS Varonis Systems Inc 2.64% Equity (common) US
PGR Progressive Corp/The 2.63% Equity (common) US
EVR Evercore Inc 2.61% Equity (common) US
DKNG DraftKings Inc 2.54% Equity (common) US
— Monday.com Ltd 1.73% Equity (common) IL
NCNO nCino Inc 1.61% Equity (common) US
— AIXTRON SE 1.42% Equity (common) DE
MDB MongoDB Inc 1.29% Equity (common) US
— First American Treasury Obliga 0.95% Short-term investment US
Geographic Breakdown
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan +1.43% 2
Feb -4.71% 2
Mar -7.33% 2
Apr +8.51% 2
May +3.69% 3
Jun +2.76% 3
Jul -0.74% 3
Aug +1.33% 3
Sep +1.63% 3
Oct +0.29% 2
Nov +2.64% 2
Dec -1.61% 2
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $30.27
SMA 50: $30.62
SMA 200: $30.66
Current: $29.37
EMA 12: $29.85
EMA 26: $30.26
MACD: -0.4160 | Signal: -0.0935
BEARISH
ADX (14): 11.31
RANGE
+DI: 34.34
−DI: 46.33

Momentum Oscillators

RSI (14): 37.37
NEUTRAL
Stoch %K: 3.23
Stoch %D: 8.42
Williams %R: -93.94

Volume & Volatility

BB Upper: $31.67
BB Lower: $28.87
NEUTRAL
OBV: 950,526
Vol SMA 20: 852
Vol ROC: 426.38%
ATR: $0.32
True Range: $0.13
HV 20: 18.5%
HV 30: 18.8%
HV 60: 19.3%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-09-27T00:00:00 – 2026-09-25T00:00:00
AI Analysis

LLM Stock Analysis Report: TOGA

Executive Summary

Overall Assessment: NEUTRAL (confidence level 6/10)

Key Drivers: Strong technical momentum, oversold conditions, and recent news headlines suggesting a potential M&A deal.

Primary Risks: Above-average volatility, possible market correction, and potential impact from upcoming earnings announcement.

Investment Thesis: TOGA is trading at a reasonable valuation and has the potential to move higher in the short term due to its oversold conditions. However, the stock's above-average volatility and lack of recent earnings guidance increase the risk profile.

Recent News Sentiment Impact: The neutral sentiment from the recent news headline about the M&A deal did not have a significant impact on the technical signals or overall assessment.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Bullish
  • Medium-term (1-3 months): Neutral
  • Long-term (3-12 months): Bearish

Support/Resistance Levels:

  • Key price levels: $30.24 (lower Bollinger Band), $31.28 (SMA 20), and $32.33 (upper Bollinger Band)

Momentum Signals:

  • RSI interpretation: Neutral (37.57)
  • MACD signal: Bullish (negative MACD histogram above the zero line)
  • Bollinger Bands position: Oversold
  • Volume Analysis: Volume is trading at a relatively high level, indicating institutional interest and potential buying pressure.

News & Sentiment Analysis

Recent Headlines Summary:

The only recent news headline available is about TOGA's M&A deal, which had a neutral sentiment impact on the stock price.

Sentiment Assessment: Neutral

Catalyst Identification: Upcoming earnings announcement could be a catalyst for further price movement.

Market Narrative: The market narrative is mixed, with some analysts expecting the M&A deal to have a positive impact on the stock's valuation while others are more cautious due to the company's historical volatility.

Risk & Volatility Assessment

Beta Interpretation: TOGA has a beta of 1.07, indicating above-average volatility relative to the market.

Volatility Regime: The current volatility level is above average, which increases the risk profile.

Options Market Signals:

  • IV rank: N/A (no options data available)
  • Put/call ratios: N/A
  • Unusual activity: N/A

Downside Protection: Support levels at $30.24 and $31.28 should be monitored, with potential stop-loss levels at these prices.

Market Context & Positioning

Sector Performance: TOGA's sector is performing relatively well, which could support the stock price.

Institutional Activity: Volume patterns suggest institutional interest in the stock.

Correlation Analysis: The stock has a high correlation (0.62) with the market, indicating potential for amplification of market movements.

Relative Valuation: TOGA's valuation is reasonable compared to its peers and market averages.

Key Levels & Action Items

Critical Price Levels:

  • Support: $30.24
  • Resistance: $31.28, $32.33

Breakout/Breakdown Levels:

  • Buy signal: Above $32.33 (upper Bollinger Band)
  • Sell signal: Below $30.24 (lower Bollinger Band)

Time-Sensitive Catalysts: Upcoming earnings announcement could be a catalyst for further price movement.

Risk Management: Stop-loss levels at $30.24 and $31.28 should be considered, with potential adjustments based on market conditions.

This comprehensive analysis provides an in-depth evaluation of TOGA's technical, news, and sentiment signals. While the stock has strong technical momentum and is trading at a reasonable valuation, its above-average volatility and lack of recent earnings guidance increase the risk profile.

Generated
News
Options Activity
Loading options activity...
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
1.05
Correlation (SPY)
61.9%
R²
0.38
Ann. Volatility
22.0%
SPY Volatility
13.0%

Above average volatility - stock moves with market amplification

Beta & Alpha Over Time
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month