SPDR SP Financials
| GXLE Etf | 28.47 0.34 1.18% |
3 y Sharp Ratio 0.65 |
SPDR |
The data published in SPDR SP's official financial statements typically reflect SPDR SP'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 SP's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR SP's liquidity, profitability, and earnings quality within the context of the Sector Equity Energy space in which it operates.
Please note, the imprecision that can be found in SPDR SP's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of SPDR SP Energy. Check SPDR SP's Beneish M Score to see the likelihood of SPDR SP's management manipulating its earnings.
SPDR SP Etf Summary
SPDR SP competes with Amundi Treasury, VanEck Crypto, Invesco Health, SANTANDER, and Coor Service. SPDR SP is entity of United Kingdom. It is traded as Etf on LSE exchange.SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR SP's current stock value. Our valuation model uses many indicators to compare SPDR SP value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR SP competition to find correlations between indicators driving SPDR SP's intrinsic value. More Info.SPDR SP Energy is one of the top ETFs in one year return as compared to similar ETFs. It also is one of the top ETFs in three year return as compared to similar ETFs reporting about 1.49 of Three Year Return per One Year Return. 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 SP's earnings, one of the primary drivers of an investment's value.SPDR SP Energy Systematic Risk
SPDR SP's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR SP 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 twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on SPDR SP Energy correlated with the market. If Beta is less than 0 SPDR SP generally moves in the opposite direction as compared to the market. If SPDR SP Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR SP Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR SP is generally in the same direction as the market. If Beta > 1 SPDR SP moves generally in the same direction as, but more than the movement of the benchmark.
SPDR SP December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR SP help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR SP Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR SP Energy 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 SP's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.0073 | |||
| Maximum Drawdown | 6.93 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.41 |
Other Information on Investing in SPDR Etf
SPDR SP financial ratios help investors to determine whether SPDR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR SP security.