Sp Funds Sp Etf Performance
| SPUS Etf | USD 46.27 0.22 0.48% |
The entity owns a Beta (Systematic Risk) of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SP Funds are expected to decrease at a much lower rate. During the bear market, SP Funds is likely to outperform the market.
Risk-Adjusted Performance
Strong
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in SP Funds SP are ranked lower than 26 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively conflicting basic indicators, SP Funds unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | 0.92 |
SP Funds Relative Risk vs. Return Landscape
If you would invest 3,849 in SP Funds SP on April 28, 2025 and sell it today you would earn a total of 778.00 from holding SP Funds SP or generate 20.21% return on investment over 90 days. SP Funds SP is currently generating 0.2964% in daily expected returns and assumes 0.8818% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than SPUS, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SP Funds Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SP Funds' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SP Funds SP, and traders can use it to determine the average amount a SP Funds' 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 = 0.3362
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SPUS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.3 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average SP Funds is performing at about 26% of its full potential. 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 SP Funds by adding it to a well-diversified portfolio.
SP Funds Fundamentals Growth
SPUS Etf prices reflect investors' perceptions of the future prospects and financial health of SP Funds, and SP Funds fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SPUS Etf performance.
| Total Asset | 141.95 M | |||
About SP Funds Performance
Assessing SP Funds' fundamental ratios provides investors with valuable insights into SP Funds' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SP Funds is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The index is composed of the constituents of the SP 500 Shariah Index other than those from the following sub-industries Aerospace Defense, Financial Exchanges Data, and Data Processing Outsourced Services. SP Funds 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 SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.