Spdr Gold Shares Stock Cash Per Share
GQ9 Stock | EUR 231.70 0.27 0.12% |
SPDR Gold Shares fundamentals help investors to digest information that contributes to SPDR Gold's financial success or failures. It also enables traders to predict the movement of SPDR Stock. The fundamental analysis module provides a way to measure SPDR Gold'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 Gold stock.
SPDR |
SPDR Gold Shares Company Cash Per Share Analysis
SPDR Gold's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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In accordance with the recently published financial statements, SPDR Gold Shares has a Cash Per Share of 0.0 times. This indicator is about the same for the SPDR State Street Global Advisors average (which is currently at 0.0) sector and about the same as Cash Per Share (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).
SPDR Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Gold's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SPDR Gold could also be used in its relative valuation, which is a method of valuing SPDR Gold by comparing valuation metrics of similar companies.SPDR Gold is currently under evaluation in cash per share category among its peers.
SPDR Fundamentals
Beta | 0.03 | |||
Total Asset | 29.81 B | |||
One Year Return | (4.59) % | |||
Three Year Return | 4.27 % | |||
Five Year Return | 16.63 % | |||
Ten Year Return | 3.72 % | |||
Net Asset | 29.81 B |
About SPDR Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Gold Shares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Gold Shares based on its fundamental data. In general, a quantitative approach, as applied to this company, 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in SPDR Stock
SPDR Gold financial ratios help investors to determine whether SPDR Stock 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 Gold security.