SPDR Nuveen Valuation
| MBND Etf | USD 27.86 0.07 0.25% |
At this time, the etf appears to be fairly valued. SPDR Nuveen Municipal has a current Real Value of $27.81 per share. The regular price of the etf is $27.86. Our model measures the value of SPDR Nuveen Municipal from examining the etf fundamentals such as return on asset of 0.016, and Shares Owned By Insiders of 14.13 % as well as evaluating its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that SPDR Nuveen's price fluctuation is very steady at this time. Calculation of the real value of SPDR Nuveen Municipal is based on 3 months time horizon. Increasing SPDR Nuveen'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 Nuveen Municipal. Since SPDR Nuveen is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Etf. However, SPDR Nuveen'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 27.86 | Real 27.81 | Hype 27.86 | Naive 27.83 |
The real value of SPDR Etf, also known as its intrinsic value, is the underlying worth of SPDR Nuveen Municipal ETF, which is reflected in its stock price. It is based on SPDR Nuveen's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of SPDR Nuveen'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, or news.
Estimating the potential upside or downside of SPDR Nuveen Municipal 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 Nuveen more accurately as focusing exclusively on SPDR Nuveen's fundamentals will not take into account other important factors: SPDR Nuveen Total Value Analysis
SPDR Nuveen Municipal is now estimated to have valuation of 65.36 M with market capitalization of 35.71 M, debt of 41.22 M, and cash on hands of 19.74 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the SPDR Nuveen fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
65.36 M | 35.71 M | 41.22 M | 19.74 M |
SPDR Nuveen Investor Information
SPDR Nuveen is is formed as Regulated Investment Company in the United States. ETF is managed and operated by SSgA Funds Management, Inc.. The fund has 130 constituents across multiple sectors and instustries. The fund charges 0.4 percent management fee with a total expences of 0.4 percent of total asset. The fund maintains most of the assets in different exotic instruments. SPDR Nuveen Municipal last dividend was 0.0219 per share. Based on the analysis of SPDR Nuveen's profitability, liquidity, and operating efficiency, SPDR Nuveen Municipal is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December.SPDR Nuveen Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. SPDR Nuveen has an asset utilization ratio of 810.89 percent. This indicates that the ETF is making $8.11 for each dollar of assets. An increasing asset utilization means that SPDR Nuveen Municipal is more efficient with each dollar of assets it utilizes for everyday operations.SPDR Nuveen Ownership Allocation
SPDR Nuveen Municipal shows a total of 21.72 Million outstanding shares. 30% of SPDR Nuveen Municipal outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Therefore, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company owns, if the real value of the etf is less than the current market value, you may not be able to make money on it.SPDR Nuveen Profitability Analysis
The company reported the previous year's revenue of 305.62 M. Net Income was 2.61 M with profit before overhead, payroll, taxes, and interest of 80.66 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates SPDR Nuveen's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in SPDR Nuveen and how it compares across the competition.
About SPDR Nuveen Valuation
The etf valuation mechanism determines SPDR Nuveen's current worth on a weekly basis. Our valuation model uses a comparative analysis of SPDR Nuveen. We calculate exposure to SPDR Nuveen's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR Nuveen's related companies.Normally, the fund invests at least 80 percent of its net assets in municipal bonds that pay income that is exempt from regular federal income tax. SPDR Nuveen is traded on BATS Exchange in the United States.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Nuveen Municipal. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of SPDR Nuveen Municipal is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Nuveen's value that differs from its market value or its book value, called intrinsic value, which is SPDR Nuveen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Nuveen's market value can be influenced by many factors that don't directly affect SPDR Nuveen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Nuveen's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Nuveen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Nuveen'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.