SPDR Morgan Financial Statements From 2010 to 2024
| XNTK Etf | USD 203.84 2.13 1.03% |
Check SPDR Morgan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPDR Morgan'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 Morgan Valuation or Volatility modules.
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SPDR Morgan Stanley ETF Price To Earning Analysis
SPDR Morgan'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 Morgan Price To Earning | 1.93 X |
Most of SPDR Morgan'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 Morgan Stanley 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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SPDR Morgan Price To Earning Component Assessment
Based on the latest financial disclosure, SPDR Morgan Stanley has a Price To Earning of 1.93 times. This is 71.62% lower than that of the Category family and 69.74% lower than that of the Technology category. The price to earning for all United States etfs is 38.73% higher than that of the company.
SPDR Morgan Stanley Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Morgan's current stock value. Our valuation model uses many indicators to compare SPDR Morgan value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Morgan competition to find correlations between indicators driving SPDR Morgan's intrinsic value. More Info.SPDR Morgan Stanley is rated fifth in price to earning as compared to similar ETFs. It is rated first in beta as compared to similar ETFs totaling about 0.73 of Beta per Price To Earning. The ratio of Price To Earning to Beta for SPDR Morgan Stanley is roughly 1.38 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR Morgan 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 Morgan Financial Statements
SPDR Morgan 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 generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR NYSE is traded on NYSEARCA Exchange in the United States.
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The market value of SPDR Morgan Stanley 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 Morgan's value that differs from its market value or its book value, called intrinsic value, which is SPDR Morgan'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 Morgan's market value can be influenced by many factors that don't directly affect SPDR Morgan'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 Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Morgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Morgan'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.