Spdr Series Trust Etf Beneish M Score
BILS Etf | USD 99.48 0.05 0.05% |
SPDR |
At this time, SPDR Series' M Score is inapplicable. The earnings manipulation may begin if SPDR Series' top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by SPDR Series executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of SPDR Series' earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
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About SPDR Series Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Series Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Series using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Series Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out SPDR Series Piotroski F Score and SPDR Series Altman Z Score analysis. 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.