SPDR Portfolio Financial Statements From 2010 to 2024
| SPEU Etf | USD 40.39 0.20 0.49% |
Check SPDR Portfolio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPDR Portfolio'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 Portfolio Valuation or Volatility modules.
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SPDR Portfolio Europe ETF Beta Analysis
SPDR Portfolio'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 Portfolio Beta | 1.09 |
Most of SPDR Portfolio'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 Portfolio Europe 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 Portfolio Europe has a Beta of 1.09. This is 303.7% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Europe Stock category. The beta for all United States etfs is notably lower than that of the firm.
About SPDR Portfolio Financial Statements
SPDR Portfolio 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 Portfolio investors may analyze each financial statement separately, they are all interrelated. The changes in SPDR Portfolio's assets and liabilities, for example, are also reflected in the revenues and expenses on on SPDR Portfolio's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. Stoxx Europe is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of SPDR Portfolio Correlation against competitors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of SPDR Portfolio Europe 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 Portfolio's value that differs from its market value or its book value, called intrinsic value, which is SPDR Portfolio'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 Portfolio's market value can be influenced by many factors that don't directly affect SPDR Portfolio'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 Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Portfolio'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.