Spdr Dow Jones Etf Market Capitalization
DJRE Etf | 22.06 0.20 0.90% |
SPDR Dow Jones fundamentals help investors to digest information that contributes to SPDR Dow's financial success or failures. It also enables traders to predict the movement of SPDR Etf. The fundamental analysis module provides a way to measure SPDR Dow's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SPDR Dow etf.
SPDR |
SPDR Dow Jones ETF Market Capitalization Analysis
SPDR Dow's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition |
Based on the recorded statements, the market capitalization of SPDR Dow Jones is about 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Equity Global Real Estate (which currently averages 0.0) category. This indicator is about the same for all Australia etfs average (which is currently at 0.0).
SPDR Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Dow's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR Dow could also be used in its relative valuation, which is a method of valuing SPDR Dow by comparing valuation metrics of similar companies.SPDR Dow is rated below average in market capitalization as compared to similar ETFs.
SPDR Fundamentals
Beta | 0.71 | |||
Three Year Return | (5.70) % | |||
Five Year Return | (0.30) % |
About SPDR Dow Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Dow Jones's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Dow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Dow Jones 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.
Thematic Opportunities
Explore Investment Opportunities
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 board of governors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.