Simplify Exchange Traded Etf Profile
EQLS Etf | 21.14 0.10 0.48% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Simplify Exchange is selling for under 21.14 as of the 27th of November 2024; that is 0.48 percent up since the beginning of the trading day. The etf's lowest day price was 20.95. Simplify Exchange has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Simplify Exchange Traded are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of August 2024 and ending today, the 27th of November 2024. Click here to learn more.
Simplify Exchange is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Simplify Exchange Traded
Moving against Simplify Etf
Simplify Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Long/short ETFs, Strategy ETFs, Equity Market Neutral, Metals & Mining, Materials, Materials (View all Sectors) |
Issuer | Simplify Asset Management |
Inception Date | 2023-06-13 |
Entity Type | Regulated Investment Company |
Asset Under Management | 9.01 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Long/Short |
Market Concentration | Developed Markets |
Region | North America |
Administrator | The Bank of New York Mellon Corporation |
Advisor | Simplify Asset Management Inc. |
Custodian | The Bank of New York Mellon Corporation |
Distributor | Foreside Financial Services, LLC |
Portfolio Manager | Paul Kim, David Berns, John Downing, David Jackson |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 30-Jun |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 11.0 |
Market Maker | Jane Street |
Total Expense | 1.0 |
Management Fee | 1.0 |
200 Day M A | 22.7584 |
Country Name | USA |
50 Day M A | 21.6898 |
Code | EQLS |
Updated At | 27th of November 2024 |
Returns Y T D | (4.62) |
Name | Simplify Exchange Traded Funds |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01H05RZG5 |
Type | ETF |
1y Volatility | 10.93 |
Simplify Exchange Traded [EQLS] is traded in USA and was established null. The fund is listed under Equity Market Neutral category and is part of Metals & Mining family. The entity is thematically classified as Long/short ETFs. Simplify Exchange Traded currently have in assets under management (AUM). with the current yeild of 0.08%, while the total return for the last year was -6.8%.
Check Simplify Exchange Probability Of Bankruptcy
Simplify Exchange Traded 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 Exchange. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | (0.09) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | (0.38) |
Simplify Exchange Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Simplify Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of Simplify Exchange Traded 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 Exchange's value that differs from its market value or its book value, called intrinsic value, which is Simplify Exchange'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 Exchange's market value can be influenced by many factors that don't directly affect Simplify Exchange'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 Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Exchange'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.