SPDR Nuveen Financial Statements From 2010 to 2026
| SHM Etf | USD 48.01 0.02 0.04% |
Check SPDR Nuveen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPDR Nuveen'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 Nuveen Valuation or Volatility modules.
This module can also supplement SPDR Nuveen's financial leverage analysis and stock options assessment as well as various SPDR Nuveen Technical models . Check out the analysis of SPDR Nuveen Correlation against competitors. SPDR Nuveen Bloomberg ETF Beta Analysis
SPDR Nuveen'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 Nuveen Beta | 0.44 |
Most of SPDR Nuveen'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 Nuveen Bloomberg 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.
| Competition |
In accordance with the recently published financial statements, SPDR Nuveen Bloomberg has a Beta of 0.44. This is 62.96% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Muni National Short category. The beta for all United States etfs is notably lower than that of the firm.
About SPDR Nuveen Financial Statements
SPDR Nuveen investors utilize fundamental indicators, such as revenue or net income, to predict how SPDR Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The fund invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. Short-Term Muni is traded on NYSEARCA Exchange in the United States.
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The market value of SPDR Nuveen Bloomberg 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.