SPDR Series Financials
| SPDG Etf | 38.95 0.17 0.44% |
Net Expense Ratio 0.0005 |
SPDR |
The data published in SPDR Series' official financial statements typically reflect SPDR Series' 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 Series' quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR Series' liquidity, profitability, and earnings quality within the context of the Large Value space in which it operates.
SPDR Series Etf Summary
SPDR Series competes with IShares Core, IShares Core, IShares Broad, IShares Core, and IShares Core. SPDR Series is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| CUSIP | 78468R465 |
| Region | North America |
| Investment Issuer | SSgA |
| Fund Category | Strategy |
| Portfolio Concentration | Broad Equity |
| Benchmark | Dow Jones Industrial |
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Series's current stock value. Our valuation model uses many indicators to compare SPDR Series value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Series competition to find correlations between indicators driving SPDR Series's intrinsic value. More Info.SPDR Series Trust is presently regarded as number one ETF in annual yield as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 266.33 of One Year Return per Annual Yield. Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR Series by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.SPDR Series Trust Systematic Risk
SPDR Series' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR Series 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 Series Trust correlated with the market. If Beta is less than 0 SPDR Series generally moves in the opposite direction as compared to the market. If SPDR Series Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR Series Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR Series is generally in the same direction as the market. If Beta > 1 SPDR Series moves generally in the same direction as, but more than the movement of the benchmark.
About SPDR Series Financials
What exactly are SPDR Series 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 Series' income statement, its balance sheet, and the statement of cash flows. Potential SPDR Series investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although SPDR Series investors may use each financial statement separately, they are all related. The changes in SPDR Series's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SPDR Series'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 Series Thematic Clasifications
SPDR Series Trust is part of several thematic ideas from Strategy ETFs to Broad Equity 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 Series December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR Series help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR Series Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR Series Trust 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 Series's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7144 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.57 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 1.22 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of SPDR Series Trust 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 Series' value that differs from its market value or its book value, called intrinsic value, which is SPDR Series' 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 Series' market value can be influenced by many factors that don't directly affect SPDR Series' 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 Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Series' 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.