Simplify Macro Strategy Etf Profile

FIG Etf  USD 21.19  0.06  0.28%   

Performance

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Odds Of Distress

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Simplify Macro is trading at 21.19 as of the 18th of May 2024. This is a -0.28 percent decrease since the beginning of the trading day. The etf's lowest day price was 21.07. Simplify Macro 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 Simplify Macro Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of May 2022 and ending today, the 18th of May 2024. Click here to learn more.
The fund will primarily invest in equity, fixed income, and alternative ETFs that are managed by the adviser. Simplify Macro is traded on NYSEARCA Exchange in the United States. The company has 219.4 M outstanding shares of which 2.74 M shares are currently shorted by investors with about 0.98 days to cover. More on Simplify Macro Strategy

Moving against Simplify Etf

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Simplify Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Simplify Macro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Simplify Macro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Old NameFreedom Insurance Group Limited
Business ConcentrationAbsolute Returns ETFs, Global Macro ETFs, Allocation--50% to 70% Equity, Simplify Asset Management, Trading, Financial (View all Sectors)
IssuerSimplify Asset Management
Inception Date2022-05-16
Entity TypeRegulated Investment Company
Asset Under Management24.33 Million
Asset TypeMulti Asset
CategoryAbsolute Returns
FocusGlobal Macro
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorSimplify Asset Management Inc.
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Financial Services, LLC
Portfolio ManagerPaul Kim, David Berns, Michael Green
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents179
Market MakerWolverine Trading
Total Expense0.75
Management Fee0.75
200 Day M A22.6558
Country NameUSA
50 Day M A22.4064
CodeFIG
Updated At16th of May 2024
NameSimplify Macro Strategy ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG017H2K4B7
TypeETF
Simplify Macro Strategy [FIG] is traded in USA and was established 2022-05-16. The fund is classified under Allocation--50% to 70% Equity category within Simplify Asset Management family. The entity is thematically classified as Absolute Returns ETFs. Simplify Macro Strategy currently have 20.66 M in assets under management (AUM). Simplify Macro Strategy has about 665.57 M in cash with 243.17 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.03.
Check Simplify Macro Probability Of Bankruptcy

Simplify Macro Target Price Odds Analysis

In reference to a normal probability distribution, the odds of Simplify Macro jumping above the current price in 90 days from now is more than 93.0%. The Simplify Macro Strategy probability density function shows the probability of Simplify Macro etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Simplify Macro Strategy has a beta of -0.0807. This usually indicates as returns on the benchmark increase, returns on holding Simplify Macro are expected to decrease at a much lower rate. During a bear market, however, Simplify Macro Strategy is likely to outperform the market. Additionally, simplify Macro Strategy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 21.19HorizonTargetOdds Above 21.19
6.66%90 days
 21.19 
93.24%
Based on a normal probability distribution, the odds of Simplify Macro to move above the current price in 90 days from now is more than 93.0 (This Simplify Macro Strategy probability density function shows the probability of Simplify Etf to fall within a particular range of prices over 90 days) .

Simplify Macro Top Holders

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Simplify Macro Strategy Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Simplify Macro market risk premium is the additional return an investor will receive from holding Simplify Macro long position in a well-diversified portfolio. 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 Macro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Simplify Macro's alpha and beta are two of the key measurements used to evaluate Simplify Macro's performance over the market, the standard measures of volatility play an important role as well.

Simplify Macro Against Markets

Picking the right benchmark for Simplify Macro etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Simplify Macro etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Simplify Macro is critical whether you are bullish or bearish towards Simplify Macro Strategy at a given time. Please also check how Simplify Macro's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Simplify Macro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Simplify Etf?

Before investing in Simplify Macro, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Simplify Macro. To buy Simplify Macro etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Simplify Macro. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Simplify Macro etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Simplify Macro Strategy etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Simplify Macro Strategy etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Simplify Macro Strategy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Simplify Etf please use our How to Invest in Simplify Macro guide.

Already Invested in Simplify Macro Strategy?

The danger of trading Simplify Macro Strategy is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Simplify Macro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Simplify Macro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Simplify Macro Strategy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Simplify Macro Strategy is a strong investment it is important to analyze Simplify Macro's 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 Simplify Macro's future performance. For an informed investment choice regarding Simplify Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Simplify Macro Strategy. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of Simplify Macro Strategy 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 Macro's value that differs from its market value or its book value, called intrinsic value, which is Simplify Macro'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 Macro's market value can be influenced by many factors that don't directly affect Simplify Macro'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 Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Macro'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.