Simplify Commodities Strategy Etf Profile
HARD Etf | 26.54 0.10 0.38% |
Performance12 of 100
| Odds Of DistressLess than 9
|
Simplify Commodities is trading at 26.54 as of the 30th of November 2024, a 0.38 percent increase since the beginning of the trading day. The etf's lowest day price was 26.47. Simplify Commodities has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Simplify Commodities Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Simplify Commodities is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Simplify Commodities Strategy
Moving together with Simplify Etf
Simplify Etf Highlights
Thematic Idea | Broad Commodities ETFs (View all Themes) |
Business Concentration | Broad Commodities ETFs, Commodities Broad Basket (View all Sectors) |
Issuer | Simplify Asset Management |
Inception Date | 2023-03-27 |
Entity Type | Regulated Investment Company |
Asset Under Management | 7.25 Million |
Asset Type | Commodities |
Category | Broad Commodities |
Focus | Broad Commodities |
Market Concentration | Blended Development |
Region | Global |
Administrator | The Bank of New York Mellon Corporation |
Advisor | Simplify Asset Management Inc. |
Custodian | The Bank of New York Mellon Corporation |
Distributor | Foreside Financial Services, LLC |
Portfolio Manager | Paul Kim, David Berns, Michael Green, Ken Miller |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 30-Jun |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 5.0 |
Market Maker | Jane Street |
Total Expense | 0.75 |
Management Fee | 0.75 |
200 Day M A | 24.4493 |
Country Name | USA |
50 Day M A | 25.0885 |
Code | HARD |
Updated At | 30th of November 2024 |
Returns Y T D | 16.19 |
Name | Simplify Commodities Strategy No K-1 ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01G1P7BL1 |
Type | ETF |
1y Volatility | 9.26 |
Simplify Commodities Strategy [HARD] is traded in USA and was established null. The fund is listed under Commodities Broad Basket. The entity is thematically classified as Broad Commodities ETFs. Simplify Commodities currently have in assets under management (AUM). , while the total return for the last year was 18.0%.
Check Simplify Commodities Probability Of Bankruptcy
Simplify Commodities Risk Profiles
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 Simplify Commodities. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.1224 | |||
Jensen Alpha | 0.1671 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | 0.0209 |
Simplify Commodities Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Simplify Commodities Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of Simplify Commodities 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 Commodities' value that differs from its market value or its book value, called intrinsic value, which is Simplify Commodities' 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 Commodities' market value can be influenced by many factors that don't directly affect Simplify Commodities' 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 Commodities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Commodities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Commodities' 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.