Sp Funds Dow Etf Price on May 16, 2024
| SPSK Etf | USD 18.16 0.02 0.11% |
Below is the normalized historical share price chart for SP Funds Dow extending back to December 30, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SP Funds stands at 18.16, as last reported on the 29th of November, with the highest price reaching 18.21 and the lowest price hitting 18.04 during the day.
If you're considering investing in SPSK Etf, it is important to understand the factors that can impact its price. As of now, SPSK Etf is very steady. SP Funds Dow retains Efficiency (Sharpe Ratio) of 0.0017, which indicates the etf had a 0.0017% return per unit of price deviation over the last 3 months. We have found twenty-four technical indicators for SP Funds, which you can use to evaluate the volatility of the etf. Please validate SP Funds' Risk Adjusted Performance of (0.01), mean deviation of 0.2888, and Standard Deviation of 0.381 to confirm if the risk estimate we provide is consistent with the expected return of 6.0E-4%.
SPSK Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 4.87 | 200 Day MA 17.9447 | 1 y Volatility 4.66 | 50 Day MA 18.2016 | Inception Date 2019-12-27 |
SPSK |
Sharpe Ratio = 0.0017
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Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SP Funds is not performing at its full potential. However, 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 SP Funds by adding SP Funds to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
SP Funds Valuation on May 16, 2024
It is possible to determine the worth of SP Funds on a given historical date. On May 16, 2024 SPSK was worth 17.48 at the beginning of the trading date compared to the closed value of 17.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SP Funds etf. Still, in general, we apply an absolute valuation method to find SP Funds' 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 SP Funds where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SP Funds' related companies.
| Open | High | Low | Close | Volume | |
| 17.54 | 17.59 | 17.46 | 17.48 | 98,225 | |
05/16/2024 | 17.48 | 17.69 | 17.43 | 17.55 | 55,072 |
| 17.57 | 17.60 | 17.49 | 17.51 | 143,669 |
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SP Funds Trading Date Momentum on May 16, 2024
| On May 17 2024 SP Funds Dow was traded for 17.51 at the closing time. The top price for the day was 17.60 and the lowest listed price was 17.49 . The trading volume for the day was 143.7 K. The trading history from May 17, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.23% . The trading price change against the current closing price is 0.11% . |
SP Funds Dow Fundamentals Correlations and Trends
By evaluating SP Funds' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SP Funds' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SPSK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SP Funds Etf history
SP Funds 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 SPSK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SP Funds Dow 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 SP Funds stock prices may prove useful in developing a viable investing in SP Funds
The index includes U.S. dollar-denominated investment-grade sukuk, which are financial certificates, similar to bonds, issued in the global markets and structured to comply with Islamic religious law commonly known as Sharia and its investment principles. Tidal SP is traded on NYSEARCA Exchange in the United States.
SP Funds Etf Technical Analysis
SP Funds 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
SP Funds Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
SP Funds Dow 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.
SP Funds November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how SP Funds etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SP Funds shares will generate the highest return on investment. By undertsting and applying SP Funds etf market strength indicators, traders can identify SP Funds Dow entry and exit signals to maximize returns
SP Funds Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SP Funds' price direction in advance. Along with the technical and fundamental analysis of SPSK Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPSK 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 | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.25) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Funds Dow. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of SP Funds Dow is measured differently than its book value, which is the value of SPSK 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.