Sp Funds Dow Etf Performance
| SPSK Etf | USD 18.02 0.08 0.45% |
The entity owns a Beta (Systematic Risk) of 0.0288, 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
OK
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Compared to the overall equity markets, risk-adjusted returns on investments in SP Funds Dow are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent basic indicators, SP Funds is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
| In Threey Sharp Ratio | -0.76 |
SPSK |
SP Funds Relative Risk vs. Return Landscape
If you would invest 1,768 in SP Funds Dow on December 20, 2024 and sell it today you would earn a total of 34.00 from holding SP Funds Dow or generate 1.92% return on investment over 90 days. SP Funds Dow is currently generating 0.0324% in daily expected returns and assumes 0.3562% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than SPSK, 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 Dow, 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 = 0.0909
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| Negative Returns | SPSK |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average SP Funds is performing at about 7% 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
SPSK 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 SPSK Etf performance.
| Total Asset | 55.4 M | |||
About SP Funds Performance
By examining SP Funds' fundamental ratios, stakeholders can obtain critical insights into SP Funds' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that SP Funds is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.| The fund maintains about 96.33% of its assets in bonds |
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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.