Sp Funds Sp Etf Price on November 25, 2024
| SPUS Etf | USD 42.62 0.19 0.44% |
If you're considering investing in SPUS Etf, it is important to understand the factors that can impact its price. As of today, the current price of SP Funds stands at 42.62, as last reported on the 29th of November, with the highest price reaching 42.78 and the lowest price hitting 42.42 during the day. Currently, SP Funds SP is very steady. SP Funds SP retains Efficiency (Sharpe Ratio) of 0.14, which indicates the etf had a 0.14% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for SP Funds, which you can use to evaluate the volatility of the etf. Please validate SP Funds' Risk Adjusted Performance of 0.0636, mean deviation of 0.6448, and Downside Deviation of 1.23 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
SPUS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SPUS |
Sharpe Ratio = 0.1364
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Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.12 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 SP Funds 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 SP Funds by adding it to a well-diversified portfolio.
SP Funds Valuation on November 25, 2024
It is possible to determine the worth of SP Funds on a given historical date. On November 25, 2024 SPUS was worth 42.72 at the beginning of the trading date compared to the closed value of 42.64. 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 | |
| 42.40 | 42.49 | 42.30 | 42.49 | 119,452 | |
11/25/2024 | 42.72 | 42.83 | 42.42 | 42.64 | 146,758 |
| 42.71 | 42.86 | 42.65 | 42.81 | 155,000 |
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SP Funds Trading Date Momentum on November 25, 2024
| On November 26 2024 SP Funds SP was traded for 42.81 at the closing time. The top price for the day was 42.86 and the lowest listed price was 42.65 . The trading volume for the day was 155 K. The trading history from November 26, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 0.40% . The trading price change against the current closing price is 0.33% . |
SP Funds SP 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. SPUS 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 SPUS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SP Funds SP 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 is composed of the constituents of the SP 500 Shariah Index other than those from the following sub-industries Aerospace Defense, Financial Exchanges Data, and Data Processing Outsourced Services. SP Funds 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 SP 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 SP 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 SPUS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPUS 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 | 0.0636 | |||
| Jensen Alpha | 0.0541 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.6005 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Funds SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of SP Funds SP is measured differently than its book value, which is the value of SPUS 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.