Spdr Kensho Clean Etf Equity Positions Weight
| CNRG Etf | USD 62.13 0.30 0.49% |
SPDR Kensho Clean fundamentals help investors to digest information that contributes to SPDR Kensho'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 Kensho'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 Kensho etf.
SPDR |
SPDR Kensho Clean ETF Equity Positions Weight Analysis
SPDR Kensho's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Current SPDR Kensho Equity Positions Weight | 99.96 % |
Most of SPDR Kensho's fundamental indicators, such as Equity Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SPDR Kensho Clean is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, SPDR Kensho Clean has an Equity Positions Weight of 99%. This is 10.28% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Equity Energy category. The equity positions weight for all United States etfs is 89.25% lower than that of the firm.
SPDR Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Kensho's direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR Kensho could also be used in its relative valuation, which is a method of valuing SPDR Kensho by comparing valuation metrics of similar companies.SPDR Kensho is currently under evaluation in equity positions weight as compared to similar ETFs.
Fund Asset Allocation for SPDR Kensho
The fund invests 99.96% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides SPDR Kensho's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
SPDR Fundamentals
| Number Of Employees | 169 | |||
| Beta | 1.33 | |||
| Total Asset | 318.07 M | |||
| One Year Return | (3.80) % | |||
| Three Year Return | (16.50) % | |||
| Five Year Return | 10.50 % | |||
| Net Asset | 318.07 M | |||
| Last Dividend Paid | 0.31 | |||
| Equity Positions Weight | 99.96 % |
About SPDR Kensho Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Kensho Clean's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Kensho using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Kensho Clean 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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When determining whether SPDR Kensho Clean is a strong investment it is important to analyze SPDR Kensho's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Kensho's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:Check out SPDR Kensho Piotroski F Score and SPDR Kensho Altman Z Score analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of SPDR Kensho Clean 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 Kensho's value that differs from its market value or its book value, called intrinsic value, which is SPDR Kensho'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 Kensho's market value can be influenced by many factors that don't directly affect SPDR Kensho'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 Kensho's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Kensho is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Kensho'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.