SP Funds Net Asset vs. One Year Return
| SPSK Etf | USD 18.08 0.08 0.44% |
For SP Funds profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SP Funds to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SP Funds Dow utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SP Funds's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SP Funds Dow over time as well as its relative position and ranking within its peers.
SPSK |
The market value of SP Funds Dow is measured differently than its book value, which is the value of SPSK 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.
SP Funds Dow One Year Return vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SP Funds's current stock value. Our valuation model uses many indicators to compare SP Funds value to that of its competitors to determine the firm's financial worth. SP Funds Dow is presently regarded as number one ETF in net asset as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs . The ratio of Net Asset to One Year Return for SP Funds Dow is about 10,072,727 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SP Funds by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.SPSK One Year Return vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
SP Funds |
| = | 55.4 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
SP Funds |
| = | 5.50 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
SP Funds Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SP Funds, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SP Funds will eventually generate negative long term returns. The profitability progress is the general direction of SP Funds' change in net profit over the period of time. It can combine multiple indicators of SP Funds, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The index includes U.S. dollar-denominated investment-grade sukuk, which are financial certificates, similar to bonds, issued in the global markets and structured to comply with Islamic religious law commonly known as Sharia and its investment principles. Tidal SP is traded on NYSEARCA Exchange in the United States.
SPSK Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SP Funds. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SP Funds position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SP Funds' important profitability drivers and their relationship over time.
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Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in SP Funds without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your SP Funds position
In addition to having SP Funds in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Online Gaming
Companies that are involved in the building and marketing of online gaming-related products. The Online Gaming theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Online Gaming Theme or any other thematic opportunities.
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Check out World Market Map. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
To fully project SP Funds' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SP Funds Dow at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include SP Funds' income statement, its balance sheet, and the statement of cash flows.