Spdr Gold Shares Etf Price To Earning
| GQ9 Etf | EUR 234.76 3.36 1.41% |
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 Etf. 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 etf.
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SPDR Gold Shares ETF Price To Earning Analysis
SPDR Gold's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, SPDR Gold Shares has a Price To Earning of 0.0 times. This is 100.0% lower than that of the SPDR State Street Global Advisors family and about the same as Price To Earning (which currently averages 0.0) category. The price to earning for all Germany etfs is 100.0% higher than that of the company.
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SPDR Fundamentals
| 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 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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Additional Information and Resources on Investing in SPDR Etf
When determining whether SPDR Gold Shares is a strong investment it is important to analyze SPDR Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Gold's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Gold Shares. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.