SPDR Galaxy Financials
| HECO Etf | USD 38.00 0.12 0.31% |
SPDR |
The data published in SPDR Galaxy's official financial statements typically reflect SPDR Galaxy'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 Galaxy's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR Galaxy's liquidity, profitability, and earnings quality within the context of the Strategy shares space in which it operates.
SPDR Galaxy Etf Summary
SPDR Galaxy competes with IShares Dividend, Martin Currie, VictoryShares THB, Mast Global, and AdvisorShares Gerber. The fund is an actively managed exchange-traded fund and, under normal conditions, will invest at least 80 percent of its net assets , directly or indirectly through mutual funds and ETFs, in the equity and fixed income securities of ecologically-focused companies andor green bonds. Strategy Shs is traded on PCX Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 78470P648 |
| Region | Global |
| Investment Issuer | SSgA |
| Etf Family | Strategy shares |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | 855 477 3837 |
| Currency | USD - US Dollar |
SPDR Galaxy Key Financial Ratios
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Galaxy's current stock value. Our valuation model uses many indicators to compare SPDR Galaxy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Galaxy competition to find correlations between indicators driving SPDR Galaxy's intrinsic value. More Info.SPDR Galaxy Hedged 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 0.17 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SPDR Galaxy Hedged is roughly 5.73 . 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 Galaxy's earnings, one of the primary drivers of an investment's value.SPDR Galaxy Hedged Systematic Risk
SPDR Galaxy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR Galaxy 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 twenty-eight with a total number of output elements of thirty-two. The Beta measures systematic risk based on how returns on SPDR Galaxy Hedged correlated with the market. If Beta is less than 0 SPDR Galaxy generally moves in the opposite direction as compared to the market. If SPDR Galaxy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR Galaxy Hedged is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR Galaxy is generally in the same direction as the market. If Beta > 1 SPDR Galaxy moves generally in the same direction as, but more than the movement of the benchmark.
SPDR Galaxy Thematic Clasifications
SPDR Galaxy Hedged is part of several thematic ideas from Theme ETFs to Strategy ETFs. 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. Get More Thematic IdeasSPDR Galaxy December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR Galaxy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR Galaxy Hedged. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR Galaxy Hedged 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 Galaxy's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.17 | |||
| Information Ratio | 0.2154 | |||
| Maximum Drawdown | 17.38 | |||
| Value At Risk | (4.88) | |||
| Potential Upside | 5.69 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Galaxy Hedged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of SPDR Galaxy Hedged 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 Galaxy's value that differs from its market value or its book value, called intrinsic value, which is SPDR Galaxy'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 Galaxy's market value can be influenced by many factors that don't directly affect SPDR Galaxy'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 Galaxy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Galaxy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Galaxy'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.