SoFi Social Financials
| SFYF Etf | USD 45.05 0.48 1.08% |
Net Expense Ratio 0.0029 | 3 y Sharp Ratio 0.21 |
SoFi |
The data published in SoFi Social's official financial statements typically reflect SoFi Social's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving SoFi Social's quantitative information. For example, before you start analyzing numbers published by SoFi accountants, it's essential to understand SoFi Social's liquidity, profitability, and earnings quality within the context of the SoFi space in which it operates.
SoFi Social Etf Summary
SoFi Social competes with SoFi Next, SoFi Select, and Invesco Dynamic. Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index. Sofi 50 is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US8863644055 |
| CUSIP | 886364405 |
| Region | North America |
| Investment Issuer | SoFi |
| Etf Family | SoFi |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
SoFi Social Key Financial Ratios
SoFi Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SoFi Social's current stock value. Our valuation model uses many indicators to compare SoFi Social value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SoFi Social competition to find correlations between indicators driving SoFi Social's intrinsic value. More Info.SoFi Social 50 is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 35.32 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value SoFi Social by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.SoFi Social 50 Systematic Risk
SoFi Social's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SoFi Social volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on SoFi Social 50 correlated with the market. If Beta is less than 0 SoFi Social generally moves in the opposite direction as compared to the market. If SoFi Social Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SoFi Social 50 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SoFi Social is generally in the same direction as the market. If Beta > 1 SoFi Social moves generally in the same direction as, but more than the movement of the benchmark.
About SoFi Social Financials
What exactly are SoFi Social Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include SoFi Social's income statement, its balance sheet, and the statement of cash flows. Potential SoFi Social investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although SoFi Social investors may use each financial statement separately, they are all related. The changes in SoFi Social's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SoFi Social's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.SoFi Social Thematic Clasifications
SoFi Social 50 is part of several thematic ideas from Large Cap ETFs to Size And Style ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSoFi Social January 6, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SoFi Social help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SoFi Social 50. We use our internally-developed statistical techniques to arrive at the intrinsic value of SoFi Social 50 based on widely used predictive technical indicators. In general, we focus on analyzing SoFi Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SoFi Social's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.1938 | |||
| Maximum Drawdown | 8.39 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 2.49 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoFi Social 50. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of SoFi Social 50 is measured differently than its book value, which is the value of SoFi that is recorded on the company's balance sheet. Investors also form their own opinion of SoFi Social's value that differs from its market value or its book value, called intrinsic value, which is SoFi Social'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 SoFi Social's market value can be influenced by many factors that don't directly affect SoFi Social'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 SoFi Social's value and its price as these two are different measures arrived at by different means. Investors typically determine if SoFi Social is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoFi Social'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.