Sp Funds Sp Etf Performance
| SPRE Etf | USD 19.80 0.02 0.10% |
The entity owns a Beta (Systematic Risk) of 0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SP Funds' returns are expected to increase less than the market. However, during the bear market, the loss of holding SP Funds is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in SP Funds SP are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, SP Funds is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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| In Threey Sharp Ratio | -0.18 |
SPRE |
SP Funds Relative Risk vs. Return Landscape
If you would invest 1,951 in SP Funds SP on December 20, 2024 and sell it today you would earn a total of 29.00 from holding SP Funds SP or generate 1.49% return on investment over 90 days. SP Funds SP is currently generating 0.0301% in daily expected returns and assumes 1.0198% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than SPRE, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SP Funds Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SP Funds' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SP Funds SP, and traders can use it to determine the average amount a SP Funds' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0295
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPRE |
Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average SP Funds is performing at about 2% of its full potential. 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 SP Funds by adding it to a well-diversified portfolio.
SP Funds Fundamentals Growth
SPRE Etf prices reflect investors' perceptions of the future prospects and financial health of SP Funds, and SP Funds fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SPRE Etf performance.
| Total Asset | 28.32 M | |||
About SP Funds Performance
By analyzing SP Funds' fundamental ratios, stakeholders can gain valuable insights into SP Funds' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SP Funds has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SP Funds has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The index includes all REIT securities listed in developed and emerging markets and included as constituents of the SP Global BMI Shariah Index, a comprehensive global Sharia-compliant index of publicly-traded equity securities. SP Funds is traded on NYSEARCA Exchange in the United States.| The fund created three year return of -4.0% | |
| SP Funds SP maintains 98.34% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Funds SP. 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of SP Funds SP is measured differently than its book value, which is the value of SPRE 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.