Academy Sports Struggles In Q3 With Lower Sales And Profit, Cuts Outlook For 2024
| HEQT Etf | USD 30.14 0.04 0.13% |
Slightly above 61% of Simplify Exchange's investor base is looking to short. The current sentiment regarding investing in Simplify Exchange Traded etf implies that many traders are alarmed. Simplify Exchange's investing sentiment can be driven by a variety of factors including economic data, Simplify Exchange's earnings reports, geopolitical events, and overall market trends.
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Academy Sports and Outdoors stock drops after missing earnings estimates and reporting decline in sales. Outlook revised downwards.
Read at benzinga.com
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Simplify Exchange Fundamental Analysis
We analyze Simplify Exchange's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Simplify Exchange using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Simplify Exchange 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.
One Year Return
One Year Return Comparative Analysis
Simplify Exchange is currently under evaluation in one year return as compared to similar ETFs. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Simplify Exchange Traded Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Simplify Exchange etf to make a market-neutral strategy. Peer analysis of Simplify Exchange could also be used in its relative valuation, which is a method of valuing Simplify Exchange by comparing valuation metrics with similar companies.
Peers
Simplify Exchange Related Equities
| GMOM | Cambria Global | 0.50 |
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| IMOM | Alpha Architect | 0.53 |
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| QVAL | Alpha Architect | 0.74 |
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| IVAL | Alpha Architect | 1.02 |
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| QMOM | Alpha Architect | 1.21 |
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Check out Simplify Exchange Hype Analysis, Simplify Exchange Correlation and Simplify Exchange Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.