SPDR Global Financial Statements From 2010 to 2025
| DGT Etf | USD 138.75 1.21 0.86% |
Check SPDR Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPDR Global's main balance sheet or income statement drivers, such as , as well as many indicators such as . SPDR financial statements analysis is a perfect complement when working with SPDR Global Valuation or Volatility modules.
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SPDR Global Dow ETF Beta Analysis
SPDR Global's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current SPDR Global Beta | 0.95 |
Most of SPDR Global's fundamental indicators, such as Beta, 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, SPDR Global Dow is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, SPDR Global Dow has a Beta of 0.95. This is 251.85% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Global Large-Stock Value category. The beta for all United States etfs is notably lower than that of the firm.
SPDR Global Dow Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Global's current stock value. Our valuation model uses many indicators to compare SPDR Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Global competition to find correlations between indicators driving SPDR Global's intrinsic value. More Info.SPDR Global Dow is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in price to book as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About SPDR Global Financial Statements
SPDR Global shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although SPDR Global investors may analyze each financial statement separately, they are all interrelated. The changes in SPDR Global's assets and liabilities, for example, are also reflected in the revenues and expenses on on SPDR Global's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. Global Dow is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of SPDR Global Correlation against competitors. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of SPDR Global Dow 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 Global's value that differs from its market value or its book value, called intrinsic value, which is SPDR Global'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 Global's market value can be influenced by many factors that don't directly affect SPDR Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Global'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.