SPDR ICE Financials
| PSK Etf | USD 34.37 0.01 0.03% |
Net Expense Ratio 0.0045 | 3 y Sharp Ratio (0.28) |
SPDR |
The data published in SPDR ICE's official financial statements typically reflect SPDR ICE'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 ICE's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR ICE's liquidity, profitability, and earnings quality within the context of the SPDR State Street Global Advisors space in which it operates.
SPDR ICE Etf Summary
SPDR ICE competes with VanEck Preferred, Invesco Preferred, Invesco Financial, Global X, and Invesco Variable. In seeking to track the performance of the index, the adviser employs a sampling strategy. SPDR ICE is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US78464A2924 |
| CUSIP | 78464A292 |
| Region | North America |
| Investment Issuer | SSgA |
| Location | Massachusetts; U.S.A |
| Business Address | Suite 1700, 350 |
| Etf Family | SPDR State Street Global Advisors |
| Fund Category | Strategy |
| Portfolio Concentration | Preferred Stock |
| Benchmark | Dow Jones Industrial |
| Website | www.prairiesky.com |
| Phone | 587 293 4001 |
| Currency | USD - US Dollar |
SPDR ICE Key Financial Ratios
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR ICE's current stock value. Our valuation model uses many indicators to compare SPDR ICE value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR ICE competition to find correlations between indicators driving SPDR ICE's intrinsic value. More Info.SPDR ICE Preferred is regarded third largest ETF in beta as compared to similar ETFs. It is rated below average in one year return as compared to similar ETFs reporting about 9.56 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR ICE 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 ICE Preferred Systematic Risk
SPDR ICE's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR ICE 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on SPDR ICE Preferred correlated with the market. If Beta is less than 0 SPDR ICE generally moves in the opposite direction as compared to the market. If SPDR ICE Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR ICE Preferred is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR ICE is generally in the same direction as the market. If Beta > 1 SPDR ICE moves generally in the same direction as, but more than the movement of the benchmark.
SPDR ICE Thematic Clasifications
SPDR ICE Preferred is part of several thematic ideas from Strategy ETFs to Preferred Stock 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 ICE November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR ICE help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR ICE Preferred. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR ICE Preferred 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 ICE's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5816 | |||
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 2.35 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 0.8465 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SPDR ICE Preferred. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of SPDR ICE Preferred 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 ICE's value that differs from its market value or its book value, called intrinsic value, which is SPDR ICE'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 ICE's market value can be influenced by many factors that don't directly affect SPDR ICE'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 ICE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR ICE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR ICE'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.