SHP ETF Financial Statements From 2010 to 2024
| SPYI Etf | USD 52.15 0.06 0.11% |
Check SHP ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SHP ETF's main balance sheet or income statement drivers, such as , as well as many indicators such as . SHP financial statements analysis is a perfect complement when working with SHP ETF Valuation or Volatility modules.
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SHP ETF Trust ETF One Year Return Analysis
SHP ETF's 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.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current SHP ETF One Year Return | 24.20 % |
Most of SHP ETF's fundamental indicators, such as One Year Return, 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, SHP ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the recorded statements, SHP ETF Trust has an One Year Return of 24.2%. This is much higher than that of the Neos Funds family and significantly higher than that of the Derivative Income category. The one year return for all United States etfs is notably lower than that of the firm.
About SHP ETF Financial Statements
Investors use fundamental indicators, such as SHP ETF's revenue or net income, to determine how well the company is positioned to perform in the future. Although SHP ETF's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
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.
Currently Active Assets on Macroaxis
When determining whether SHP ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SHP ETF's 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 Shp Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Shp Etf Trust Etf:Check out the analysis of SHP ETF Correlation against competitors. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.