SP Funds is trading at 27.29 as of the 28th of November 2024, a 0.58 percent down since the beginning of the trading day. The etf's lowest day price was 27.1. SP Funds has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for SP Funds Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
SP Funds is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on SP Funds Trust
SP Funds Trust holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SP Funds will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SP Funds Trust.
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 SP Funds. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether SP Funds Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Funds' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sp Funds Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Funds Trust Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Funds Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of SP Funds Trust is measured differently than its book value, which is the value of SPTE 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.