Sp Funds Dow Etf Current Valuation
| SPSK Etf | USD 17.65 0.30 1.67% |
Valuation analysis of SP Funds Dow helps investors to measure SP Funds' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that SP Funds' price fluctuation is very steady at this time. Calculation of the real value of SP Funds Dow is based on 3 months time horizon. Increasing SP Funds' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
SP Funds' intrinsic value may or may not be the same as its current market price of 17.65, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 17.65 | Real 17.73 | Hype 17.65 |
The intrinsic value of SP Funds' stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence SP Funds' stock price.
Estimating the potential upside or downside of SP Funds Dow helps investors to forecast how SPSK etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SP Funds more accurately as focusing exclusively on SP Funds' fundamentals will not take into account other important factors: SP Funds Dow ETF Current Valuation Analysis
SP Funds' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, SP Funds Dow has a Current Valuation of 0.0. This indicator is about the same for the SP Funds average (which is currently at 0.0) family and about the same as Global Bond (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
SPSK Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SP Funds' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SP Funds could also be used in its relative valuation, which is a method of valuing SP Funds by comparing valuation metrics of similar companies.SP Funds is currently under evaluation in current valuation as compared to similar ETFs.
Fund Asset Allocation for SP Funds
The fund consists of 96.33% investments in fixed income securities, with the rest of funds allocated in various types of exotic instruments.Asset allocation divides SP Funds' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
SPSK Fundamentals
| Beta | 0.58 | |||
| Total Asset | 55.4 M | |||
| One Year Return | 2.20 % | |||
| Three Year Return | (0.70) % | |||
| Net Asset | 55.4 M | |||
| Last Dividend Paid | 0.029 | |||
| Bond Positions Weight | 96.33 % |
About SP Funds Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SP Funds Dow's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SP Funds using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SP Funds Dow based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.