Simplify Exchange Financial Statements From 2010 to 2024
| HEQT Etf | USD 30.18 0.02 0.07% |
Check Simplify Exchange financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Simplify Exchange's main balance sheet or income statement drivers, such as , as well as many indicators such as . Simplify financial statements analysis is a perfect complement when working with Simplify Exchange Valuation or Volatility modules.
Simplify |
Simplify Exchange Traded ETF Beta Analysis
Simplify Exchange's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Simplify Exchange Beta | 0.49 |
Most of Simplify Exchange's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Simplify Exchange Traded is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Simplify Exchange Traded has a Beta of 0.49. This is much higher than that of the Simplify Asset Management family and significantly higher than that of the Equity Hedged category. The beta for all United States etfs is notably lower than that of the firm.
About Simplify Exchange Financial Statements
Simplify Exchange shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Simplify Exchange investors may analyze each financial statement separately, they are all interrelated. The changes in Simplify Exchange's assets and liabilities, for example, are also reflected in the revenues and expenses on on Simplify Exchange's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The adviser seeks to achieve the funds investment objective by investing primarily in equity securities and applying an option overlay known as a putspread collar strategy. Simplify Hedged is traded on NYSEARCA Exchange in the United States.
Thematic Opportunities
Explore Investment Opportunities
Check out the analysis of Simplify Exchange Correlation against competitors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of Simplify Exchange Traded is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Exchange's value that differs from its market value or its book value, called intrinsic value, which is Simplify Exchange's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simplify Exchange's market value can be influenced by many factors that don't directly affect Simplify Exchange's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simplify Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Exchange's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.