SSgA SPDR Financials
SYBM Etf | EUR 52.19 0.11 0.21% |
SSgA |
The data published in SSgA SPDR's official financial statements typically reflect SSgA SPDR'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 SSgA SPDR's quantitative information. For example, before you start analyzing numbers published by SSgA accountants, it's essential to understand SSgA SPDR's liquidity, profitability, and earnings quality within the context of the State Street Global Advisors space in which it operates.
SSgA SPDR Etf Summary
SSgA SPDR competes with UBS Fund, Xtrackers Nikkei, IShares VII, Vanguard Funds, and IShares Core. The fund seeks to replicate, before expenses, the performance of the liquid local currency emerging markets debt market. SPDR B is traded on Frankfurt Stock Exchange in Germany.Instrument | Germany Etf |
Exchange | Frankfurt Exchange |
ISIN | IE00B4613386 |
Region | Others |
Investment Issuer | Others |
Etf Family | State Street Global Advisors |
Benchmark | Dow Jones Industrial |
Currency | EUR - Euro |
You should never invest in SSgA SPDR without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of SSgA Etf, because this is throwing your money away. Analyzing the key information contained in SSgA SPDR's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
SSgA SPDR Key Financial Ratios
There are many critical financial ratios that SSgA SPDR's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that SSgA SPDR ETFs reports annually and quarterly.SSgA Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SSgA SPDR's current stock value. Our valuation model uses many indicators to compare SSgA SPDR value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SSgA SPDR competition to find correlations between indicators driving SSgA SPDR's intrinsic value. More Info.SSgA SPDR ETFs is rated fourth largest ETF in one year return as compared to similar ETFs. It is rated below average in three year return as compared to similar ETFs reporting about 0.38 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for SSgA SPDR ETFs is roughly 2.65 . 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 SSgA SPDR's earnings, one of the primary drivers of an investment's value.SSgA SPDR ETFs Systematic Risk
SSgA SPDR's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SSgA SPDR 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on SSgA SPDR ETFs correlated with the market. If Beta is less than 0 SSgA SPDR generally moves in the opposite direction as compared to the market. If SSgA SPDR Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SSgA SPDR ETFs is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SSgA SPDR is generally in the same direction as the market. If Beta > 1 SSgA SPDR moves generally in the same direction as, but more than the movement of the benchmark.
SSgA SPDR November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SSgA SPDR help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SSgA SPDR ETFs. We use our internally-developed statistical techniques to arrive at the intrinsic value of SSgA SPDR ETFs based on widely used predictive technical indicators. In general, we focus on analyzing SSgA Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SSgA SPDR's daily price indicators and compare them against related drivers.
Downside Deviation | 0.2814 | |||
Information Ratio | (0.32) | |||
Maximum Drawdown | 1.44 | |||
Value At Risk | (0.50) | |||
Potential Upside | 0.5651 |
Other Information on Investing in SSgA Etf
SSgA SPDR financial ratios help investors to determine whether SSgA 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 SSgA with respect to the benefits of owning SSgA SPDR security.