SPDR Portfolio Financial Statements From 2010 to 2024
| SPYD Etf | USD 46.73 0.33 0.71% |
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 SP ETF Price To Earning Analysis
SPDR Portfolio's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current SPDR Portfolio Price To Earning | 16.92 X |
Most of SPDR Portfolio's fundamental indicators, such as Price To Earning, 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 SP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, SPDR Portfolio SP has a Price To Earning of 16.92 times. This is 148.82% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Large Value category. The price to earning for all United States etfs is notably lower than that of the firm.
SPDR Portfolio SP Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Portfolio's current stock value. Our valuation model uses many indicators to compare SPDR Portfolio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Portfolio competition to find correlations between indicators driving SPDR Portfolio's intrinsic value. More Info.SPDR Portfolio SP is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SPDR Portfolio SP is roughly 8.63 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR Portfolio 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 Portfolio Financial Statements
SPDR Portfolio stakeholders use historical fundamental indicators, such as SPDR Portfolio's 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. For example, changes in SPDR Portfolio's assets and liabilities are reflected in the revenues and expenses on SPDR Portfolio's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SPDR Portfolio SP. Please read more on our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR SP is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SPDR Portfolio SP is a strong investment it is important to analyze SPDR Portfolio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Portfolio's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:Check out the analysis of SPDR Portfolio Correlation against competitors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of SPDR Portfolio SP 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.