SPDR SP Financials
| GMF Etf | USD 116.94 0.27 0.23% |
Net Expense Ratio 0.0049 | 3 y Sharp Ratio (0.08) |
SPDR |
The data published in SPDR SP's official financial statements typically reflect SPDR SP'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 SP's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR SP's liquidity, profitability, and earnings quality within the context of the SPDR State Street Global Advisors space in which it operates.
SPDR SP Etf Summary
SPDR SP competes with Matthews China, MAYBANK EMERGING, Matthews Emerging, JP Morgan, and JPMorgan Realty. The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. SP Emerging is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US78463X3017 |
| CUSIP | 78463X301 863308409 |
| Region | Asia-Pacific |
| Investment Issuer | SSgA |
| Etf Family | SPDR State Street Global Advisors |
| Fund Category | Broad Equity |
| Portfolio Concentration | Asia-Pacific |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
SPDR SP Key Financial Ratios
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR SP's current stock value. Our valuation model uses many indicators to compare SPDR SP value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR SP competition to find correlations between indicators driving SPDR SP's intrinsic value. More Info.SPDR SP Emerging is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs 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 SP Emerging is roughly 8.27 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR SP 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.SPDR SP Emerging Systematic Risk
SPDR SP's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR SP 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on SPDR SP Emerging correlated with the market. If Beta is less than 0 SPDR SP generally moves in the opposite direction as compared to the market. If SPDR SP Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR SP Emerging is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR SP is generally in the same direction as the market. If Beta > 1 SPDR SP moves generally in the same direction as, but more than the movement of the benchmark.
About SPDR SP Financials
What exactly are SPDR SP Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include SPDR SP's income statement, its balance sheet, and the statement of cash flows. Potential SPDR SP investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although SPDR SP investors may use each financial statement separately, they are all related. The changes in SPDR SP's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SPDR SP's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.SPDR SP Thematic Clasifications
SPDR SP Emerging is part of Broad Equity ETFs investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA ETFs from Broad Equity clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs
This theme covers USA ETFs from Broad Equity clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. Get More Thematic Ideas
| Broad Equity ETFs | View |
SPDR SP November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR SP help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR SP Emerging. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR SP Emerging 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 SP's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.26 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.89 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 2.31 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SP Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of SPDR SP Emerging 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.