Simplify Asset Management Etf Profile
Simplify Asset is trading at 18.38 as of the 23rd of November 2024, a 0.22 percent down since the beginning of the trading day. The etf's lowest day price was 18.28. Equity ratings for Simplify Asset Management are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of December 2023 and ending today, the 23rd of November 2024. Click here to learn more.
Simplify Etf Highlights
| Old Name | Simplify Exchange Traded Funds |
| Business Concentration | Materials, Metals & Mining, Materials, Materials (View all Sectors) |
| Name | Simplify Exchange Traded Funds |
| Currency Code | USD |
| Trailing Price Earnings | 9.6636 |
| 50 Day M A | 17.1737 |
| Code | EMGD |
| Country Name | USA |
| Open Figi | BBG014FNK4X6 |
| 200 Day M A | 17.8231 |
| Updated At | 4th of December 2023 |
| Currency Name | US Dollar |
| Type | Common Stock |
| I P O Date | 11th of January 2022 |
| Price Earnings Ratio | 9.6636 |
| Is Delisted | false |
Simplify Asset Management [EMGD] is traded in USA and was established 2022-01-10. The fund is listed under Materials category and is part of Metals & Mining family. Simplify Asset Management currently have 7.19 M in assets under management (AUM).
Check Simplify Asset Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Simplify Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Simplify Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Simplify Asset Management Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Simplify Asset Management Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Simplify Asset. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.7285 | |||
| Semi Deviation | 0.8232 | |||
| Standard Deviation | 0.9172 | |||
| Variance | 0.8413 |
Simplify Asset Against Markets
Simplify Asset Related Equities
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 Asset etf to make a market-neutral strategy. Peer analysis of Simplify Asset could also be used in its relative valuation, which is a method of valuing Simplify Asset by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Simplify Asset Management 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 Asset's value that differs from its market value or its book value, called intrinsic value, which is Simplify Asset'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 Asset's market value can be influenced by many factors that don't directly affect Simplify Asset'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 Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Asset'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.