Simplify Propel Opportunities Etf Profile
SURI Etf | 19.37 3.98 17.04% |
Performance0 of 100
| Odds Of DistressLess than 10
|
Simplify Propel is trading at 19.37 as of the 30th of November 2024. This is a 17.04 percent decrease since the beginning of the trading day. The etf's open price was 23.35. Simplify Propel has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Simplify Propel Opportunities 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 Propel is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Simplify Propel Opportunities
Moving against Simplify Etf
Simplify Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Sector ETFs, Health Care ETFs, Health (View all Sectors) |
Issuer | Simplify Asset Management |
Inception Date | 2023-02-07 |
Entity Type | Regulated Investment Company |
Asset Under Management | 104.59 Million |
Asset Type | Multi Asset |
Category | Sector |
Focus | Health Care |
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, Leen Kawas, Richard Kayne, Xue Hua |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 30-Jun |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 25.0 |
Market Maker | Wolverine Trading |
Total Expense | 2.76 |
Management Fee | 2.75 |
200 Day M A | 23.5141 |
Country Name | USA |
50 Day M A | 23.6722 |
Code | SURI |
Updated At | 29th of November 2024 |
Returns Y T D | 30.11 |
Name | Simplify Propel Opportunities ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01F3Z7WY9 |
Type | ETF |
1y Volatility | 31.28 |
Simplify Propel Opportunities [SURI] is traded in USA and was established null. The fund is listed under Health. The entity is thematically classified as Sector ETFs. Simplify Propel Oppo at this time have in assets. , while the total return for the last year was 46.7%.
Check Simplify Propel Probability Of Bankruptcy
Geographic Allocation (%)
Simplify Propel Oppo Currency Exposure
Simplify Propel Opportunities 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 Simplify Propel 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 Simplify Propel Opportunities.
Top Simplify Propel Opportunities Etf Constituents
ATHA | Athira Pharma | Stock | Health Care | |
VRCA | Verrica Pharmaceuticals | Stock | Health Care | |
MDGL | Madrigal Pharmaceuticals | Stock | Health Care | |
PHAT | Phathom Pharmaceuticals | Stock | Health Care | |
CMPS | Compass Pathways Plc | Stock | Health Care | |
KYMR | Kymera Therapeutics | Stock | Health Care | |
ARDX | Ardelyx | Stock | Health Care | |
RNA | Avidity Biosciences | Stock | Health Care |
Simplify Propel Oppo 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 Propel. 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 | (0.05) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.76) | |||
Treynor Ratio | (0.32) |
Simplify Propel Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simplify Propel Opportunities. 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 Simplify Propel Oppo 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 Propel's value that differs from its market value or its book value, called intrinsic value, which is Simplify Propel'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 Simplify Propel's market value can be influenced by many factors that don't directly affect Simplify Propel'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 Simplify Propel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Propel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Propel'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.