Sp Funds Sp Etf Price To Earning
| SPUS Etf | USD 42.62 0.19 0.44% |
SP Funds SP fundamentals help investors to digest information that contributes to SP Funds' financial success or failures. It also enables traders to predict the movement of SPUS Etf. The fundamental analysis module provides a way to measure SP Funds' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SP Funds etf.
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SP Funds SP ETF Price To Earning Analysis
SP Funds' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, SP Funds SP has a Price To Earning of 0.0 times. This indicator is about the same for the SP Funds average (which is currently at 0.0) family and about the same as Large Growth (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for SP Funds
The fund invests 99.52% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides SP Funds' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
SPUS Fundamentals
| Beta | 1.05 | |||
| Total Asset | 141.95 M | |||
| One Year Return | 30.50 % | |||
| Three Year Return | 10.70 % | |||
| Net Asset | 141.95 M | |||
| Last Dividend Paid | 0.026 | |||
| Equity Positions Weight | 99.52 % |
About SP Funds Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SP Funds SP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SP Funds using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SP Funds SP based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out SP Funds Piotroski F Score and SP Funds Altman Z Score analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.