Simplify Next Intangible Etf Performance
| NXTI Etf | 30.09 0.13 0.33% |
The entity has a beta of 1.01, which indicates a somewhat significant risk relative to the market. Simplify Next returns are very sensitive to returns on the market. As the market goes up or down, Simplify Next is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Simplify Next Intangible has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong basic indicators, Simplify Next is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
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Simplify Next Relative Risk vs. Return Landscape
If you would invest 2,837 in Simplify Next Intangible on January 3, 2025 and sell it today you would lose (62.00) from holding Simplify Next Intangible or give up 2.19% of portfolio value over 90 days. Simplify Next Intangible is currently does not generate positive expected returns and assumes 1.11% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% 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 Next Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simplify Next's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Simplify Next Intangible, and traders can use it to determine the average amount a Simplify Next'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 = -0.0272
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NXTI |
Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Simplify Next is not performing at its full potential. However, 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 Next by adding Simplify Next to a well-diversified portfolio.
About Simplify Next Performance
By evaluating Simplify Next's fundamental ratios, stakeholders can gain valuable insights into Simplify Next's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Simplify Next 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 Next 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 Next generated a negative expected return over the last 90 days |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Simplify Next Intangible. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of Simplify Next Intangible 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 Next's value that differs from its market value or its book value, called intrinsic value, which is Simplify Next'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 Next's market value can be influenced by many factors that don't directly affect Simplify Next'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 Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Next'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.