SP Funds is trading at 21.55 as of the 30th of November 2024, a 0.46 percent decrease since the beginning of the trading day. The etf's lowest day price was 21.53. SP Funds has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for SP Funds SP 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 index includes all REIT securities listed in developed and emerging markets and included as constituents of the SP Global BMI Shariah Index, a comprehensive global Sharia-compliant index of publicly-traded equity securities. SP Funds is traded on NYSEARCA Exchange in the United States.. More on SP Funds SP
SP Funds SP [SPRE] is traded in USA and was established 2020-12-29. The fund is listed under Real Estate category and is part of SP Funds family. The entity is thematically classified as Sector ETFs. SP Funds SP at this time have 28.32 M in assets. , while the total return for the last 3 years was -1.7%.
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SP Funds SP Currency Exposure
SP Funds SP holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SP Funds will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SP Funds SP.
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 SP Funds. 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 SP Funds SP is a strong investment it is important to analyze SP Funds' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SP Funds' future performance. For an informed investment choice regarding SPRE Etf, refer to the following important reports:
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 metropolitan statistical area.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of SP Funds SP is measured differently than its book value, which is the value of SPRE 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.