Simplify Next Intangible Etf Price on August 14, 2024
| NXTV Etf | 28.07 0.31 1.09% |
If you're considering investing in Simplify Etf, it is important to understand the factors that can impact its price. As of today, the current price of Simplify Next stands at 28.07, as last reported on the 11th of December 2024, with the highest price reaching 28.07 and the lowest price hitting 28.07 during the day. At this stage we consider Simplify Etf to be very steady. Simplify Next Intangible owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Simplify Next Intangible, which you can use to evaluate the volatility of the etf. Please validate Simplify Next's Risk Adjusted Performance of 0.097, coefficient of variation of 753.93, and Semi Deviation of 0.4969 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Simplify Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Simplify |
Sharpe Ratio = 0.1255
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| Cash | NXTV | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Simplify Next is performing at about 9% 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 Simplify Next by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 34.1 K |
Simplify Next Valuation on August 14, 2024
It is possible to determine the worth of Simplify Next on a given historical date. On August 14, 2024 Simplify was worth 25.58 at the beginning of the trading date compared to the closed value of 25.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Simplify Next etf. Still, in general, we apply an absolute valuation method to find Simplify Next's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Simplify Next where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Simplify Next's related companies.
| Open | High | Low | Close | Volume | |
| 25.51 | 25.56 | 25.48 | 25.56 | 500.00 | |
08/14/2024 | 25.58 | 25.60 | 25.58 | 25.59 | 800.00 |
| 25.93 | 25.96 | 25.89 | 25.92 | 2,300 |
| Backtest Simplify Next | | | Simplify Next History | | | Simplify Next Valuation | Previous | Next |
Simplify Next Trading Date Momentum on August 14, 2024
| On August 15 2024 Simplify Next Intangible was traded for 25.92 at the closing time. The top price for the day was 25.96 and the lowest listed price was 25.89 . The trading volume for the day was 2.3 K. The trading history from August 15, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 1.29% . The trading price change against the current closing price is 4.81% . |
About Simplify Next Etf history
Simplify Next investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Simplify is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Simplify Next Intangible will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Simplify Next stock prices may prove useful in developing a viable investing in Simplify Next
Simplify Next Etf Technical Analysis
Simplify Next technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Simplify Next Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Simplify Next Intangible cannot be verified against its exchange. Please verify the symbol is currently traded on BATS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Simplify Next December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Simplify Next etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Simplify Next shares will generate the highest return on investment. By undertsting and applying Simplify Next etf market strength indicators, traders can identify Simplify Next Intangible entry and exit signals to maximize returns
Simplify Next Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Simplify Next's price direction in advance. Along with the technical and fundamental analysis of Simplify Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Simplify to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.097 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1002 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Simplify Next Intangible. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of Simplify Next Intangible 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 Next's value that differs from its market value or its book value, called intrinsic value, which is Simplify Next'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 Next's market value can be influenced by many factors that don't directly affect Simplify Next'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 Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Next'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.