ETFs in Focus Post TSMCs Q2 Earnings Beat - Yahoo Finance
| SPTE Etf | 28.20 0.46 1.66% |
About 54% of SP Funds' shareholders are presently thinking to get in. The current sentiment regarding investing in SP Funds Trust etf implies that some traders are interested. The current market sentiment, together with SP Funds' historical and current headlines, can help investors time the market. In addition, many technical investors use SP Funds Trust etf news signals to limit their universe of possible portfolio assets.
SP Funds etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of SPTE daily returns and investor perception about the current price of SP Funds Trust as well as its diversification or hedging effects on your existing portfolios.
SPTE |
ETFs in Focus Post TSMCs Q2 Earnings Beat Yahoo Finance
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SP Funds Fundamental Analysis
We analyze SP Funds' 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 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
SP Funds is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
SP Funds Trust Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SP Funds etf to make a market-neutral strategy. Peer analysis of SP Funds could also be used in its relative valuation, which is a method of valuing SP Funds by comparing valuation metrics with similar companies.
Peers
SP Funds Related Equities
| SOXX | IShares Semiconductor | 2.63 | ||||
| SMH | VanEck Semiconductor | 2.37 | ||||
| IGM | IShares Expanded | 1.16 | ||||
| IYW | IShares Technology | 1.06 | ||||
| VGT | Vanguard Information | 0.98 | ||||
| XLK | Technology Select | 0.95 | ||||
| FTEC | Fidelity MSCI | 0.93 | ||||
| CIBR | First Trust | 0.93 | ||||
| FDN | First Trust | 0.92 | ||||
| IGV | IShares Expanded | 0.1 |
Check out SP Funds Hype Analysis, SP Funds Correlation and SP Funds Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.