Simplify Propel Opportunities Etf Performance
| SURI Etf | 24.04 0.29 1.22% |
The entity has a beta of 0.88, which indicates possible diversification benefits within a given portfolio. Simplify Propel returns are very sensitive to returns on the market. As the market goes up or down, Simplify Propel is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Simplify Propel Opportunities are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong basic indicators, Simplify Propel is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
1 | Simplify Propel Opportunities ETF declares quarterly distribution of 1.2500 - MSN | 11/18/2024 |
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Simplify Propel Relative Risk vs. Return Landscape
If you would invest 2,340 in Simplify Propel Opportunities on August 29, 2024 and sell it today you would earn a total of 64.00 from holding Simplify Propel Opportunities or generate 2.74% return on investment over 90 days. Simplify Propel Opportunities is currently generating 0.0652% in daily expected returns and assumes 2.1745% risk (volatility on return distribution) over the 90 days horizon. In different words, 19% of etfs are less volatile than Simplify, and 99% 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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Simplify Propel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simplify Propel's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Simplify Propel Opportunities, and traders can use it to determine the average amount a Simplify Propel's 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 = 0.03
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Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Simplify Propel is performing at about 2% 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 Propel by adding it to a well-diversified portfolio.
About Simplify Propel Performance
By evaluating Simplify Propel's fundamental ratios, stakeholders can gain valuable insights into Simplify Propel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Simplify Propel 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 Simplify Propel has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Simplify Propel is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from news.google.com: Simplify Propel Opportunities ETF declares quarterly distribution of 1.2500 - MSN |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simplify Propel Opportunities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Simplify Propel Oppo 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 Propel's value that differs from its market value or its book value, called intrinsic value, which is Simplify Propel'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 Propel's market value can be influenced by many factors that don't directly affect Simplify Propel'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 Propel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Propel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Propel'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.