Simplify Exchange Traded Etf Price on December 2, 2024
GAEM Etf | 26.30 0.03 0.11% |
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 Exchange stands at 26.30, as last reported on the 2nd of December, with the highest price reaching 26.30 and the lowest price hitting 26.30 during the day. As of now, Simplify Etf is very steady. Simplify Exchange Traded owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the etf had a 0.27% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Simplify Exchange Traded, which you can use to evaluate the volatility of the etf. Please validate Simplify Exchange's Standard Deviation of 0.2432, risk adjusted performance of 0.1736, and Downside Deviation of 0.211 to confirm if the risk estimate we provide is consistent with the expected return of 0.0658%.
Simplify Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Simplify |
Sharpe Ratio = 0.2699
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Estimated Market Risk
0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Simplify Exchange is performing at about 21% 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 Exchange by adding it to a well-diversified portfolio.
Simplify Exchange Valuation on December 2, 2024
It is possible to determine the worth of Simplify Exchange on a given historical date. On December 2, 2024 Simplify was worth 26.3 at the beginning of the trading date compared to the closed value of 26.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Simplify Exchange etf. Still, in general, we apply an absolute valuation method to find Simplify Exchange'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 Exchange where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Simplify Exchange's related companies.
Open | High | Low | Close | Volume | |
26.30 | 26.30 | 26.30 | 26.30 | 100.00 | |
12/02/2024 | 26.30 | 26.30 | 26.30 | 26.30 | 0.00 |
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Simplify Exchange Trading Date Momentum on December 2, 2024
On December 02 2024 Simplify Exchange Traded was traded for 26.30 at the closing time. The top price for the day was 26.30 and the lowest listed price was 26.30 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.00% . |
Price Boundaries
Simplify Exchange Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Simplify Exchange Traded 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 Exchange December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Simplify Exchange 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 Exchange shares will generate the highest return on investment. By undertsting and applying Simplify Exchange etf market strength indicators, traders can identify Simplify Exchange Traded entry and exit signals to maximize returns
Simplify Exchange Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Simplify Exchange'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.