SP Funds Financial Statements From 2010 to 2026
| SPRE Etf | USD 20.38 0.24 1.19% |
Check SP Funds financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SP Funds' main balance sheet or income statement drivers, such as , as well as many indicators such as . SPRE financial statements analysis is a perfect complement when working with SP Funds Valuation or Volatility modules.
This module can also supplement various SP Funds Technical models . Check out the analysis of SP Funds Correlation against competitors. SP Funds SP ETF Beta Analysis
SP Funds' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current SP Funds Beta | 1.32 |
Most of SP Funds' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SP Funds SP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, SP Funds SP has a Beta of 1.32. This is much higher than that of the SP Funds family and significantly higher than that of the Real Estate category. The beta for all United States etfs is notably lower than that of the firm.
About SP Funds Financial Statements
SP Funds stakeholders use historical fundamental indicators, such as SP Funds' revenue or net income, to determine how well the company is positioned to perform in the future. Although SP Funds investors may analyze each financial statement separately, they are all interrelated. For example, changes in SP Funds' assets and liabilities are reflected in the revenues and expenses on SP Funds' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SP Funds SP. Please read more on our technical analysis and fundamental analysis pages.
The index includes all REIT securities listed in developed and emerging markets and included as constituents of the SP Global BMI Shariah Index, a comprehensive global Sharia-compliant index of publicly-traded equity securities. SP Funds is traded on NYSEARCA Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SP Funds SP is a strong investment it is important to analyze SP Funds' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SP Funds' future performance. For an informed investment choice regarding SPRE Etf, refer to the following important reports:Check out the analysis of SP Funds Correlation against competitors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of SP Funds SP is measured differently than its book value, which is the value of SPRE 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.