Sp Funds Trust Etf Performance
| SPTE Etf | 28.20 0.46 1.66% |
The entity owns a Beta (Systematic Risk) of 0.92, which indicates possible diversification benefits within a given portfolio. SP Funds returns are very sensitive to returns on the market. As the market goes up or down, SP Funds is expected to follow.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in SP Funds Trust are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain basic indicators, SP Funds may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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SPTE |
SP Funds Relative Risk vs. Return Landscape
If you would invest 2,556 in SP Funds Trust on September 3, 2024 and sell it today you would earn a total of 218.00 from holding SP Funds Trust or generate 8.53% return on investment over 90 days. SP Funds Trust is currently generating 0.1368% in daily expected returns and assumes 1.3382% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than SPTE, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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SP Funds Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SP Funds' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SP Funds Trust, and traders can use it to determine the average amount a SP Funds' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1022
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Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average SP Funds is performing at about 8% 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.
About SP Funds Performance
By analyzing SP Funds' fundamental ratios, stakeholders can gain valuable insights into SP Funds' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SP Funds has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SP Funds has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SP Funds is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from news.google.com: Long Term Investment Analysis - Stock Traders Daily |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Funds Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of SP Funds Trust is measured differently than its book value, which is the value of SPTE 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.