Ssga Spdr Etfs Etf Fundamentals
| SWRD Etf | EUR 38.52 0.24 0.62% |
SSGA SPDR ETFS fundamentals help investors to digest information that contributes to SSGA SPDR's financial success or failures. It also enables traders to predict the movement of SSGA Etf. The fundamental analysis module provides a way to measure SSGA SPDR'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 SSGA SPDR etf.
SSGA |
SSGA SPDR ETFS ETF One Year Return Analysis
SSGA SPDR's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current SSGA SPDR One Year Return | 42.25 % |
Most of SSGA SPDR's fundamental indicators, such as One 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, SSGA SPDR ETFS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, SSGA SPDR ETFS has an One Year Return of 42.25%. This is much higher than that of the State Street Global Advisors Ltd family and significantly higher than that of the One Year Return category. The one year return for all Netherlands etfs is notably lower than that of the firm.
SSGA One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SSGA SPDR's direct or indirect competition against its One 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 SSGA SPDR could also be used in its relative valuation, which is a method of valuing SSGA SPDR by comparing valuation metrics of similar companies.SSGA SPDR is presently regarded as number one ETF in one year return as compared to similar ETFs.
Fund Asset Allocation for SSGA SPDR
The fund invests 99.07% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides SSGA SPDR's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
SSGA Fundamentals
| Total Asset | 867.77 M | |||
| One Year Return | 42.25 % | |||
| Net Asset | 867.77 M | |||
| Equity Positions Weight | 99.07 % |
About SSGA SPDR Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SSGA SPDR ETFS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SSGA SPDR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SSGA SPDR ETFS 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.The investment objective of the Fund is to track the performance of large and mid-sized equities in developed markets globally. SPDR WORLD is traded on Amsterdam Stock Exchange in Netherlands.
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in SSGA Etf
SSGA SPDR financial ratios help investors to determine whether SSGA Etf 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 SSGA with respect to the benefits of owning SSGA SPDR security.