SP Funds Financials
| SPSK Etf | USD 18.02 0.08 0.45% |
Net Expense Ratio 0.0055 | 3 y Sharp Ratio (0.76) |
SPSK |
The data published in SP Funds' official financial statements typically reflect SP Funds' 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 SP Funds' quantitative information. For example, before you start analyzing numbers published by SPSK accountants, it's essential to understand SP Funds' liquidity, profitability, and earnings quality within the context of the SP Funds space in which it operates.
SP Funds Etf Summary
The index includes U.S. dollar-denominated investment-grade sukuk, which are financial certificates, similar to bonds, issued in the global markets and structured to comply with Islamic religious law commonly known as Sharia and its investment principles. Tidal SP is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US8863647025 |
| CUSIP | 886364702 |
| Region | Global |
| Investment Issuer | SP Funds |
| Etf Family | SP Funds |
| Fund Category | Broad Debt |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
SP Funds Key Financial Ratios
SPSK Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SP Funds's current stock value. Our valuation model uses many indicators to compare SP Funds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SP Funds competition to find correlations between indicators driving SP Funds's intrinsic value. More Info.SP Funds Dow 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 8.60 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value SP Funds 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.SP Funds Dow Systematic Risk
SP Funds' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SP Funds 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on SP Funds Dow correlated with the market. If Beta is less than 0 SP Funds generally moves in the opposite direction as compared to the market. If SP Funds Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SP Funds Dow is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SP Funds is generally in the same direction as the market. If Beta > 1 SP Funds moves generally in the same direction as, but more than the movement of the benchmark.
SP Funds Thematic Clasifications
SP Funds Dow is part of several thematic ideas from Broad Debt ETFs to Investment Grade 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 IdeasSP Funds March 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SP Funds help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SP Funds Dow. We use our internally-developed statistical techniques to arrive at the intrinsic value of SP Funds Dow based on widely used predictive technical indicators. In general, we focus on analyzing SPSK Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SP Funds's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3549 | |||
| Information Ratio | 0.2773 | |||
| Maximum Drawdown | 1.58 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.5669 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Funds Dow. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of SP Funds Dow is measured differently than its book value, which is the value of SPSK that is recorded on the company's balance sheet. Investors also form their own opinion of SP Funds' value that differs from its market value or its book value, called intrinsic value, which is SP Funds' 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 SP Funds' market value can be influenced by many factors that don't directly affect SP Funds' 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 SP Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Funds' 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.