SPDR Dow Valuation

GLRE Etf   35.96  0.05  0.14%   
At this time, the etf appears to be fairly valued. SPDR Dow Jones has a current Real Value of USD35.86 per share. The regular price of the etf is USD35.96. Our model measures the value of SPDR Dow Jones from examining the etf fundamentals such as beta of 1.0, and Ten Year Return of 4.70 % as well as evaluating its technical indicators and probability of bankruptcy.
Fairly Valued
Today
35.96
Please note that SPDR Dow's price fluctuation is very steady at this time. Calculation of the real value of SPDR Dow Jones is based on 3 months time horizon. Increasing SPDR Dow's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the SPDR etf is determined by what a typical buyer is willing to pay for full or partial control of SPDR Dow Jones. Since SPDR Dow is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Etf. However, SPDR Dow's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  35.96 Real  35.86 Hype  35.95 Naive  36.97
The intrinsic value of SPDR Dow's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence SPDR Dow's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
35.86
Real Value
36.58
Upside
Estimating the potential upside or downside of SPDR Dow Jones helps investors to forecast how SPDR etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SPDR Dow more accurately as focusing exclusively on SPDR Dow's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
34.3435.3836.42
Details
Hype
Prediction
LowEstimatedHigh
35.2335.9536.67
Details
Naive
Forecast
LowNext ValueHigh
36.2636.9737.69
Details

About SPDR Dow Valuation

The etf valuation mechanism determines SPDR Dow's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of SPDR Dow Jones based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPDR Dow. We calculate exposure to SPDR Dow's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR Dow's related companies.
When determining whether SPDR Dow Jones offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Dow's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Dow Jones Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Dow Jones Etf:
Check out Risk vs Return Analysis 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Please note, there is a significant difference between SPDR Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Dow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.