SHP ETF is trading at 47.69 as of the 30th of November 2024. This is a 0.44 percent increase since the beginning of the trading day. The etf's open price was 47.48. SHP ETF has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SHP ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing 80 percent or more of its assets in bonds or ETFs that invest 80 percent or more of their assets in bonds and forwards, options or futures contracts related to bonds and seek to obtain exposure to the performance of the U.S. More on SHP ETF Trust
SHP ETF Trust - NEOS Enhanced Income Aggregate Bond ETF
Currency Name
US Dollar
Currency Code
USD
Open Figi
BBG019CHMSZ4
Type
ETF
1y Volatility
7.7
SHP ETF Trust [BNDI] is traded in USA and was established 2022-08-29. The fund is listed under Intermediate Core Bond category and is part of Neos Funds family. The entity is thematically classified as Broad Debt ETFs. SHP ETF Trust currently have 943.08 K in assets under management (AUM). , while the total return for the last year was 7.3%.
Check SHP ETF Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SHP ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether SHP ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SHP ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shp Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Shp Etf Trust Etf:
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The market value of SHP ETF Trust is measured differently than its book value, which is the value of SHP that is recorded on the company's balance sheet. Investors also form their own opinion of SHP ETF's value that differs from its market value or its book value, called intrinsic value, which is SHP ETF'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 SHP ETF's market value can be influenced by many factors that don't directly affect SHP ETF'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 SHP ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if SHP ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SHP ETF'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.