SPDR SPASX Financials
| BOND Etf | 24.99 0.01 0.04% |
3 y Sharp Ratio 0.36 |
SPDR |
The data published in SPDR SPASX's official financial statements typically reflect SPDR SPASX's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving SPDR SPASX's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR SPASX's liquidity, profitability, and earnings quality within the context of the Bonds - Australia space in which it operates.
Please note, the imprecision that can be found in SPDR SPASX's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of SPDR SPASX Australian. Check SPDR SPASX's Beneish M Score to see the likelihood of SPDR SPASX's management manipulating its earnings.
SPDR SPASX Etf Summary
SPDR SPASX competes with Betashares Asia, BetaShares Australia, Australian High, and Vanguard Australian. SPDR SPASX is entity of Australia. It is traded as Etf on AU exchange.You should never invest in SPDR SPASX without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of SPDR Etf, because this is throwing your money away. Analyzing the key information contained in SPDR SPASX's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
SPDR SPASX Key Financial Ratios
SPDR SPASX's financial ratios allow both analysts and investors to convert raw data from SPDR SPASX's financial statements into concise, actionable information that can be used to evaluate the performance of SPDR SPASX over time and compare it to other companies across industries.SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR SPASX's current stock value. Our valuation model uses many indicators to compare SPDR SPASX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR SPASX competition to find correlations between indicators driving SPDR SPASX's intrinsic value. More Info.SPDR SPASX Australian is the top ETF in beta as compared to similar ETFs. It also is the top ETF in three year return as compared to similar ETFs reporting about 2.77 of Three Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SPDR SPASX's earnings, one of the primary drivers of an investment's value.SPDR SPASX Australian Systematic Risk
SPDR SPASX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR SPASX volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on SPDR SPASX Australian correlated with the market. If Beta is less than 0 SPDR SPASX generally moves in the opposite direction as compared to the market. If SPDR SPASX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR SPASX Australian is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR SPASX is generally in the same direction as the market. If Beta > 1 SPDR SPASX moves generally in the same direction as, but more than the movement of the benchmark.
SPDR SPASX November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR SPASX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR SPASX Australian. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR SPASX Australian based on widely used predictive technical indicators. In general, we focus on analyzing SPDR Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SPDR SPASX's daily price indicators and compare them against related drivers.
| Information Ratio | (0.61) | |||
| Maximum Drawdown | 1.14 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.3946 |
Other Information on Investing in SPDR Etf
SPDR SPASX financial ratios help investors to determine whether SPDR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR SPASX security.