SPDR Dow Financials
| DIA Etf | USD 450.09 2.35 0.52% |
Net Expense Ratio 0.0016 |
SPDR |
The data published in SPDR Dow's official financial statements typically reflect SPDR Dow's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving SPDR Dow's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR Dow's liquidity, profitability, and earnings quality within the context of the SPDR State Street Global Advisors space in which it operates.
Please note, the presentation of SPDR Dow's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SPDR Dow's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of SPDR Dow's management manipulating its earnings.
SPDR Dow Etf Summary
SPDR Dow competes with IShares Russell, SPDR SP, Financial Select, Invesco QQQ, and Energy Select. The Trusts Portfolio consists of substantially all of the component common stocks that comprise the DJIA, which are weighted in accordance with the terms of the Trust Agreement. Dow Industrials is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US78467X1090 |
| CUSIP | 78467X109 252787106 |
| Region | North America |
| Investment Issuer | SSgA |
| Etf Family | SPDR State Street Global Advisors |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
SPDR Dow Key Financial Ratios
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Dow's current stock value. Our valuation model uses many indicators to compare SPDR Dow value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Dow competition to find correlations between indicators driving SPDR Dow's intrinsic value. More Info.SPDR Dow Jones is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.93 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SPDR Dow Jones is roughly 1.08 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SPDR Dow's earnings, one of the primary drivers of an investment's value.SPDR Dow Jones Systematic Risk
SPDR Dow's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR Dow volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on SPDR Dow Jones correlated with the market. If Beta is less than 0 SPDR Dow generally moves in the opposite direction as compared to the market. If SPDR Dow Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR Dow Jones is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR Dow is generally in the same direction as the market. If Beta > 1 SPDR Dow moves generally in the same direction as, but more than the movement of the benchmark.
About SPDR Dow Financials
What exactly are SPDR Dow Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include SPDR Dow's income statement, its balance sheet, and the statement of cash flows. Potential SPDR Dow investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although SPDR Dow investors may use each financial statement separately, they are all related. The changes in SPDR Dow's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SPDR Dow's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.SPDR Dow Thematic Clasifications
SPDR Dow Jones is part of several thematic ideas from Size And Style ETFs to Large Cap ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSPDR Dow November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR Dow help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR Dow Jones. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR Dow Jones based on widely used predictive technical indicators. In general, we focus on analyzing SPDR Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SPDR Dow's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.637 | |||
| Information Ratio | 0.0101 | |||
| Maximum Drawdown | 4.35 | |||
| Value At Risk | (0.97) | |||
| Potential Upside | 1.08 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR Dow Jones. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of SPDR Dow Jones is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Dow's value that differs from its market value or its book value, called intrinsic value, which is SPDR Dow'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 SPDR Dow's market value can be influenced by many factors that don't directly affect SPDR Dow'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 SPDR Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Dow'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.