Sp Funds Sp Etf Performance
| SPUS Etf | USD 39.34 0.59 1.48% |
The entity owns a Beta (Systematic Risk) of 0.99, which indicates possible diversification benefits within a given portfolio. SP Funds returns are very sensitive to returns on the market. As the market goes up or down, SP Funds is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SP Funds SP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest conflicting performance, the Etf's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the exchange-traded fund private investors. ...more
| In Threey Sharp Ratio | 0.53 |
SPUS |
SP Funds Relative Risk vs. Return Landscape
If you would invest 4,293 in SP Funds SP on December 19, 2024 and sell it today you would lose (359.00) from holding SP Funds SP or give up 8.36% of portfolio value over 90 days. SP Funds SP is currently does not generate positive expected returns and assumes 1.2375% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than SPUS, 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 = -0.1114
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPUS |
Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SP Funds 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 SP Funds by adding SP Funds to a well-diversified portfolio.
SP Funds Fundamentals Growth
SPUS 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 SPUS Etf performance.
| Total Asset | 141.95 M | |||
About SP Funds Performance
Assessing SP Funds' fundamental ratios provides investors with valuable insights into SP Funds' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SP Funds is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The index is composed of the constituents of the SP 500 Shariah Index other than those from the following sub-industries Aerospace Defense, Financial Exchanges Data, and Data Processing Outsourced Services. SP Funds is traded on NYSEARCA Exchange in the United States.| SP Funds SP generated a negative expected return over the last 90 days | |
| The fund maintains 99.52% 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 employment. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of SP Funds SP is measured differently than its book value, which is the value of SPUS 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.