Azoria 500 Meritocracy Etf Profile
Azoria 500 is selling at 21.80 as of the 5th of January 2026; that is 0.46 percent decrease since the beginning of the trading day. The etf's lowest day price was 21.77. The performance scores are derived for the period starting the 7th of October 2025 and ending today, the 5th of January 2026. Click here to learn more.
Azoria Etf Highlights
| Country Name | USA |
| Code | SPXM |
| Updated At | 9th of December 2025 |
| Name | Azoria 500 Meritocracy ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01VDZNM13 |
| Type | ETF |
Azoria 500 Meritocracy [SPXM] is traded in USA and was established null. The fund is not categorized under any group at this time. The fund at this time have in assets.
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Azoria 500 Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Azoria 500 etf to make a market-neutral strategy. Peer analysis of Azoria 500 could also be used in its relative valuation, which is a method of valuing Azoria 500 by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in discontinued. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Azoria 500 Meritocracy is measured differently than its book value, which is the value of Azoria that is recorded on the company's balance sheet. Investors also form their own opinion of Azoria 500's value that differs from its market value or its book value, called intrinsic value, which is Azoria 500'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 Azoria 500's market value can be influenced by many factors that don't directly affect Azoria 500'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 Azoria 500's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azoria 500 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azoria 500'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.