SPDR MarketAxess Financials
| LQIG Etf | USD 95.98 0.23 0.24% |
SPDR |
The data published in SPDR MarketAxess' official financial statements typically reflect SPDR MarketAxess' 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 MarketAxess' quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR MarketAxess' liquidity, profitability, and earnings quality within the context of the SPDR State Street Global Advisors space in which it operates.
SPDR MarketAxess Etf Summary
SPDR MarketAxess competes with SSGA Active, SPDR Series, SPDR Bloomberg, SSGA Active, and SSGA Active. Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. SPDR Series is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US78468R4992 |
| CUSIP | 78468R499 |
| Region | North America |
| Investment Issuer | SSgA |
| Etf Family | SPDR State Street Global Advisors |
| Fund Category | Corporate |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR MarketAxess's current stock value. Our valuation model uses many indicators to compare SPDR MarketAxess value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR MarketAxess competition to find correlations between indicators driving SPDR MarketAxess's intrinsic value. More Info.SPDR MarketAxess Investment is considered the top ETF in one year return as compared to similar ETFs. It also is considered the top ETF in net asset as compared to similar ETFs making up about 10,407,527 of Net Asset per One Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR MarketAxess 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 MarketAxess Inv Systematic Risk
SPDR MarketAxess' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR MarketAxess 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-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on SPDR MarketAxess Inv correlated with the market. If Beta is less than 0 SPDR MarketAxess generally moves in the opposite direction as compared to the market. If SPDR MarketAxess Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR MarketAxess Inv is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR MarketAxess is generally in the same direction as the market. If Beta > 1 SPDR MarketAxess moves generally in the same direction as, but more than the movement of the benchmark.
About SPDR MarketAxess Financials
What exactly are SPDR MarketAxess 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 MarketAxess' income statement, its balance sheet, and the statement of cash flows. Potential SPDR MarketAxess investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although SPDR MarketAxess investors may use each financial statement separately, they are all related. The changes in SPDR MarketAxess's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SPDR MarketAxess'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 MarketAxess Thematic Clasifications
SPDR MarketAxess Investment is part of several thematic ideas from Corporate ETFs to Investment Grade 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 MarketAxess November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR MarketAxess help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR MarketAxess Investment. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR MarketAxess Investment 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 MarketAxess's daily price indicators and compare them against related drivers.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 2.06 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.5591 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR MarketAxess Investment. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of SPDR MarketAxess Inv 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 MarketAxess' value that differs from its market value or its book value, called intrinsic value, which is SPDR MarketAxess' 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 MarketAxess' market value can be influenced by many factors that don't directly affect SPDR MarketAxess' 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 MarketAxess' value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR MarketAxess is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR MarketAxess' 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.