Simplify Equity Financials
| SPD Etf | USD 34.53 0.23 0.67% |
Net Expense Ratio 0.0053 | 3 y Sharp Ratio (0.04) |
Simplify |
The data published in Simplify Equity's official financial statements typically reflect Simplify Equity's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Simplify Equity's quantitative information. For example, before you start analyzing numbers published by Simplify accountants, it's essential to understand Simplify Equity's liquidity, profitability, and earnings quality within the context of the Simplify Asset Management space in which it operates.
Please note, the presentation of Simplify Equity's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Simplify Equity's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Simplify Equity's management manipulating its earnings.
Simplify Equity Etf Summary
Simplify Equity competes with Morningstar Unconstrained, High-yield Municipal, Via Renewables, Knife River, and Klckner Co. The adviser seeks to achieve the funds investment objective by investing primarily in equity securities of U.S. companies and applying a downside convexity option overlay strategy to the equity investments. Simplify is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US82889N2027 |
| CUSIP | 82889N202 |
| Region | North America |
| Investment Issuer | Simplify Asset Management |
| Etf Family | Simplify Asset Management |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Simplify Equity Key Financial Ratios
Simplify Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Simplify Equity's current stock value. Our valuation model uses many indicators to compare Simplify Equity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Simplify Equity competition to find correlations between indicators driving Simplify Equity's intrinsic value. More Info.Simplify Equity PLUS is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 38.55 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Simplify Equity by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Simplify Equity PLUS Systematic Risk
Simplify Equity's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Simplify Equity volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Simplify Equity PLUS correlated with the market. If Beta is less than 0 Simplify Equity generally moves in the opposite direction as compared to the market. If Simplify Equity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Simplify Equity PLUS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Simplify Equity is generally in the same direction as the market. If Beta > 1 Simplify Equity moves generally in the same direction as, but more than the movement of the benchmark.
About Simplify Equity Financials
What exactly are Simplify Equity Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Simplify Equity's income statement, its balance sheet, and the statement of cash flows. Potential Simplify Equity investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Simplify Equity investors may use each financial statement separately, they are all related. The changes in Simplify Equity's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Simplify Equity's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Simplify Equity Thematic Clasifications
Simplify Equity PLUS is part of several thematic ideas from Large Cap ETFs to Size And Style ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSimplify Equity November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Simplify Equity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Simplify Equity PLUS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Simplify Equity PLUS based on widely used predictive technical indicators. In general, we focus on analyzing Simplify Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Simplify Equity's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7296 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 3.94 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 0.8467 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simplify Equity PLUS. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Simplify Equity PLUS 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 Equity's value that differs from its market value or its book value, called intrinsic value, which is Simplify Equity'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 Equity's market value can be influenced by many factors that don't directly affect Simplify Equity'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 Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Equity'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.