Simplify Macro Strategy Etf Price on October 8, 2024
| FIG Etf | USD 22.51 0.11 0.49% |
If you're considering investing in Simplify Etf, it is important to understand the factors that can impact its price. As of today, the current price of Simplify Macro stands at 22.51, as last reported on the 29th of November, with the highest price reaching 22.51 and the lowest price hitting 22.45 during the day. At this point, Simplify Macro is out of control. Simplify Macro Strategy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Simplify Macro Strategy, which you can use to evaluate the volatility of the etf. Please validate Simplify Macro's Risk Adjusted Performance of 0.0812, semi deviation of 0.5476, and Coefficient Of Variation of 943.22 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Simplify Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Simplify |
Sharpe Ratio = 0.1365
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Simplify Macro is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Simplify Macro by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 104.5 K |
Simplify Macro Valuation on October 8, 2024
It is possible to determine the worth of Simplify Macro on a given historical date. On October 8, 2024 Simplify was worth 21.09 at the beginning of the trading date compared to the closed value of 21.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Simplify Macro etf. Still, in general, we apply an absolute valuation method to find Simplify Macro's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Simplify Macro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Simplify Macro's related companies.
| Open | High | Low | Close | Volume | |
| 21.31 | 21.31 | 20.97 | 21.05 | 7,791 | |
10/08/2024 | 21.09 | 21.30 | 21.09 | 21.30 | 4,236 |
| 21.22 | 21.38 | 21.06 | 21.38 | 1,724 |
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Simplify Macro Trading Date Momentum on October 8, 2024
| On October 09 2024 Simplify Macro Strategy was traded for 21.38 at the closing time. Highest Simplify Macro's price during the trading hours was 21.38 and the lowest price during the day was 21.06 . The net volume was 1.7 K. The overall trading history on the 9th of October contributed to the next trading period price rise. The overall trading delta to the next next day price was 0.38% . The trading price change to current price is 0.52% . |
Simplify Macro Strategy Fundamentals Correlations and Trends
By evaluating Simplify Macro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Simplify Macro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Simplify financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Simplify Macro Etf history
Simplify Macro investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Simplify is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Simplify Macro Strategy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Simplify Macro stock prices may prove useful in developing a viable investing in Simplify Macro
Simplify Macro Etf Technical Analysis
Simplify Macro technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Simplify Macro Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Simplify Macro Strategy cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Simplify Macro November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Simplify Macro etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Simplify Macro shares will generate the highest return on investment. By undertsting and applying Simplify Macro etf market strength indicators, traders can identify Simplify Macro Strategy entry and exit signals to maximize returns
Simplify Macro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Simplify Macro's price direction in advance. Along with the technical and fundamental analysis of Simplify Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Simplify to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0812 | |||
| Jensen Alpha | 0.019 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1576 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Simplify Macro Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Simplify Macro Strategy 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 Macro's value that differs from its market value or its book value, called intrinsic value, which is Simplify Macro'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 Macro's market value can be influenced by many factors that don't directly affect Simplify Macro'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 Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Macro'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.