SP Funds Valuation
| SPSK Etf | USD 18.14 0.09 0.50% |
At this time, the etf appears to be fairly valued. SP Funds Dow owns a latest Real Value of $18.09 per share. The recent price of the etf is $18.14. Our model measures the value of SP Funds Dow from analyzing the etf fundamentals such as Bond Positions Weight of 96.33 %, one year return of 5.70 %, and Beta of 0.58 as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that SP Funds' price fluctuation is very steady at this time. Calculation of the real value of SP Funds Dow is based on 3 months time horizon. Increasing SP Funds' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
SP Funds' intrinsic value may or may not be the same as its current market price of 18.14, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 18.14 | Real 18.09 | Hype 18.05 | Naive 18.05 |
The intrinsic value of SP Funds' stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence SP Funds' stock price.
Estimating the potential upside or downside of SP Funds Dow helps investors to forecast how SPSK etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SP Funds more accurately as focusing exclusively on SP Funds' fundamentals will not take into account other important factors: About SP Funds Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of SP Funds Dow. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of SP Funds Dow based exclusively on its fundamental and basic technical indicators. By analyzing SP Funds's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of SP Funds's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of SP Funds. We calculate exposure to SP Funds's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SP Funds's related companies.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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Funds Dow. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.