Spdr Bloomberg 1 3 Etf Price To Book
| BIL Etf | USD 91.76 0.03 0.03% |
SPDR Bloomberg 1 3 fundamentals help investors to digest information that contributes to SPDR Bloomberg's financial success or failures. It also enables traders to predict the movement of SPDR Etf. The fundamental analysis module provides a way to measure SPDR Bloomberg's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SPDR Bloomberg etf.
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SPDR Bloomberg 1 3 ETF Price To Book Analysis
SPDR Bloomberg's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, SPDR Bloomberg 1 3 has a Price To Book of 0.0 times. This is 100.0% lower than that of the SPDR State Street Global Advisors family and about the same as Ultrashort Bond (which currently averages 0.0) category. The price to book for all United States etfs is 100.0% higher than that of the company.
SPDR Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Bloomberg's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR Bloomberg could also be used in its relative valuation, which is a method of valuing SPDR Bloomberg by comparing valuation metrics of similar companies.SPDR Bloomberg is currently under evaluation in price to book as compared to similar ETFs.
SPDR Fundamentals
| Number Of Employees | 13 | |||
| Beta | 0.06 | |||
| Total Asset | 24.19 B | |||
| One Year Return | 5.20 % | |||
| Three Year Return | 3.60 % | |||
| Five Year Return | 2.20 % | |||
| Ten Year Return | 1.50 % | |||
| Net Asset | 24.19 B | |||
| Last Dividend Paid | 0.014 |
About SPDR Bloomberg Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Bloomberg 1 3's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Bloomberg using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Bloomberg 1 3 based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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The market value of SPDR Bloomberg 1 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is SPDR Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect SPDR Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Bloomberg'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.