SHP ETF One Year Return vs. Equity Positions Weight
| SPYI Etf | USD 52.49 0.18 0.34% |
For SHP ETF profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SHP ETF to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SHP ETF Trust utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SHP ETF's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SHP ETF Trust over time as well as its relative position and ranking within its peers.
SHP |
The market value of SHP ETF Trust is measured differently than its book value, which is the value of SHP that is recorded on the company's balance sheet. Investors also form their own opinion of SHP ETF's value that differs from its market value or its book value, called intrinsic value, which is SHP ETF'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 SHP ETF's market value can be influenced by many factors that don't directly affect SHP ETF'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 SHP ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if SHP ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SHP ETF'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.
SHP ETF Trust Equity Positions Weight vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SHP ETF's current stock value. Our valuation model uses many indicators to compare SHP ETF value to that of its competitors to determine the firm's financial worth. SHP ETF Trust is rated third largest ETF in one year return as compared to similar ETFs. It is rated below average in equity positions weight as compared to similar ETFs making about 4.13 of Equity Positions Weight per One Year Return. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SHP ETF's earnings, one of the primary drivers of an investment's value.SHP Equity Positions Weight vs. One Year Return
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.
SHP ETF |
| = | 23.30 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
SHP ETF |
| = | 96.17 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
SHP Equity Positions Weight Comparison
SHP ETF is currently under evaluation in equity positions weight as compared to similar ETFs.
SHP ETF Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SHP ETF, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SHP ETF will eventually generate negative long term returns. The profitability progress is the general direction of SHP ETF's change in net profit over the period of time. It can combine multiple indicators of SHP ETF, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the SP 500 Index and a call options strategy, which consists of a mix of written call options and long call options on the SP 500 Index. Shp ETF is traded on BATS Exchange in the United States.
SHP Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SHP ETF. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SHP ETF position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SHP ETF's important profitability drivers and their relationship over time.
Use SHP ETF in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SHP ETF position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SHP ETF will appreciate offsetting losses from the drop in the long position's value.SHP ETF Pair Trading
SHP ETF Trust Pair Trading Analysis
The ability to find closely correlated positions to SHP ETF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SHP ETF when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SHP ETF - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SHP ETF Trust to buy it.
The correlation of SHP ETF is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SHP ETF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SHP ETF Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SHP ETF can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your SHP ETF position
In addition to having SHP ETF in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Heavy Metals Thematic Idea Now
Heavy Metals
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Heavy Metals Theme or any other thematic opportunities.
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Check out World Market Map. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
To fully project SHP ETF's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SHP ETF Trust at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include SHP ETF's income statement, its balance sheet, and the statement of cash flows.