Spdr Dow Jones Etf Three Year Return
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.
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SPDR Dow Jones ETF Three Year Return Analysis
SPDR Dow's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current SPDR Dow Three Year Return | (5.70) % |
Most of SPDR Dow's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SPDR Dow Jones is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, SPDR Dow Jones has a Three Year Return of -5.7%. This is much lower than that of the family and significantly lower than that of the Equity Global Real Estate category. The three year return for all Australia etfs is notably higher than that of the company.
SPDR Three Year Return 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 Three Year Return 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 three year return 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.
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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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.