Simplify Propel Opportunities Etf Price on November 22, 2024
| SURI Etf | 17.21 0.15 0.86% |
If you're considering investing in Simplify Etf, it is important to understand the factors that can impact its price. As of today, the current price of Simplify Propel stands at 17.21, as last reported on the 15th of December 2024, with the highest price reaching 17.29 and the lowest price hitting 17.07 during the day. Simplify Propel Oppo owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0931, which indicates the etf had a -0.0931% return per unit of risk over the last 3 months. Simplify Propel Opportunities exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Simplify Propel's Variance of 8.75, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,114) to confirm the risk estimate we provide.
Simplify Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Simplify |
Sharpe Ratio = -0.0931
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| Negative Returns | SURI |
Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Simplify Propel is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Simplify Propel by adding Simplify Propel to a well-diversified portfolio.
Average Mkt Cap Mil 1.4 K |
Simplify Propel Valuation on November 22, 2024
It is possible to determine the worth of Simplify Propel on a given historical date. On November 22, 2024 Simplify was worth 23.62 at the beginning of the trading date compared to the closed value of 23.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Simplify Propel etf. Still, in general, we apply an absolute valuation method to find Simplify Propel's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Simplify Propel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Simplify Propel's related companies.
| Open | High | Low | Close | Volume | |
| 23.12 | 23.15 | 23.12 | 23.15 | 1,315 | |
11/22/2024 | 23.62 | 23.69 | 23.62 | 23.69 | 319.00 |
| 23.74 | 23.75 | 23.53 | 23.75 | 900.00 |
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Simplify Propel Trading Date Momentum on November 22, 2024
| On November 25 2024 Simplify Propel Opportunities was traded for 23.75 at the closing time. The top price for the day was 23.75 and the lowest listed price was 23.53 . The trading volume for the day was 900. The trading history from November 25, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.25% . The trading price change against the current closing price is 18.11% . |
About Simplify Propel Etf history
Simplify Propel investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Simplify is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Simplify Propel Oppo will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Simplify Propel stock prices may prove useful in developing a viable investing in Simplify Propel
Simplify Propel Etf Technical Analysis
Simplify Propel technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Simplify Propel Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Simplify Propel Opportunities cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Simplify Propel December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Simplify Propel etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Simplify Propel shares will generate the highest return on investment. By undertsting and applying Simplify Propel etf market strength indicators, traders can identify Simplify Propel Opportunities entry and exit signals to maximize returns
Simplify Propel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Simplify Propel's price direction in advance. Along with the technical and fundamental analysis of Simplify Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Simplify to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.39) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simplify Propel Opportunities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Simplify Propel Oppo 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 Propel's value that differs from its market value or its book value, called intrinsic value, which is Simplify Propel'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 Propel's market value can be influenced by many factors that don't directly affect Simplify Propel'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 Propel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Propel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Propel'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.