SPDR Morgan Financials
| XNTK Etf | USD 204.96 0.41 0.20% |
Net Expense Ratio 0.0035 | 3 y Sharp Ratio 0.21 |
SPDR |
The data published in SPDR Morgan's official financial statements typically reflect SPDR Morgan'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 Morgan's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR Morgan's liquidity, profitability, and earnings quality within the context of the SPDR State Street Global Advisors space in which it operates.
SPDR Morgan Etf Summary
SPDR Morgan competes with SPDR FactSet, SPDR SP, SPDR SP, and IShares Expanded. The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR NYSE is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US78464A1025 |
| CUSIP | 78464A102 86330E703 |
| Region | North America |
| Investment Issuer | SSgA |
| Etf Family | SPDR State Street Global Advisors |
| Fund Category | Sector |
| Portfolio Concentration | Information Technology |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
SPDR Morgan Key Financial Ratios
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Morgan's current stock value. Our valuation model uses many indicators to compare SPDR Morgan value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Morgan competition to find correlations between indicators driving SPDR Morgan's intrinsic value. More Info.SPDR Morgan Stanley is rated fifth in price to earning as compared to similar ETFs. It is rated first in beta as compared to similar ETFs totaling about 0.73 of Beta per Price To Earning. The ratio of Price To Earning to Beta for SPDR Morgan Stanley is roughly 1.38 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR Morgan 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 Morgan Stanley Systematic Risk
SPDR Morgan's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR Morgan 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on SPDR Morgan Stanley correlated with the market. If Beta is less than 0 SPDR Morgan generally moves in the opposite direction as compared to the market. If SPDR Morgan Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR Morgan Stanley is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR Morgan is generally in the same direction as the market. If Beta > 1 SPDR Morgan moves generally in the same direction as, but more than the movement of the benchmark.
SPDR Morgan Thematic Clasifications
SPDR Morgan Stanley is part of several thematic ideas from Sector ETFs to Information Technology 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 Morgan November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR Morgan help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR Morgan Stanley. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR Morgan Stanley 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 Morgan's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.51 | |||
| Information Ratio | 0.0012 | |||
| Maximum Drawdown | 6.26 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 2.0 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR Morgan Stanley. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of SPDR Morgan Stanley 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 Morgan's value that differs from its market value or its book value, called intrinsic value, which is SPDR Morgan'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 Morgan's market value can be influenced by many factors that don't directly affect SPDR Morgan'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 Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Morgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Morgan'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.