Spdr Bloomberg Convertible Etf Price To Sales
| CWB Etf | USD 81.12 0.56 0.70% |
SPDR Bloomberg Convertible 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 Convertible ETF Price To Sales Analysis
SPDR Bloomberg's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current SPDR Bloomberg Price To Sales | 1.36 X |
Most of SPDR Bloomberg's fundamental indicators, such as Price To Sales, 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 Bloomberg Convertible is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, SPDR Bloomberg Convertible has a Price To Sales of 1.36 times. This is 151.85% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Convertibles category. The price to sales for all United States etfs is notably lower than that of the firm.
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Fund Asset Allocation for SPDR Bloomberg
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks and bonds.Asset allocation divides SPDR Bloomberg'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
| Price To Earning | 8.26 X | |||
| Price To Book | 1.53 X | |||
| Price To Sales | 1.36 X | |||
| Earnings Per Share | 2.47 X | |||
| Number Of Employees | 135 | |||
| Beta | 0.86 | |||
| Total Asset | 4.07 B | |||
| One Year Return | 22.30 % | |||
| Three Year Return | 0.20 % | |||
| Five Year Return | 10.90 % | |||
| Ten Year Return | 9.30 % | |||
| Net Asset | 4.07 B | |||
| Last Dividend Paid | 0.0904 | |||
| Equity Positions Weight | 5.35 % | |||
| Bond Positions Weight | 0.27 % |
About SPDR Bloomberg Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Bloomberg Convertible'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 Convertible 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SPDR Bloomberg Conve offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Bloomberg's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Bloomberg Convertible Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Bloomberg Convertible Etf:Check out SPDR Bloomberg Piotroski F Score and SPDR Bloomberg Altman Z Score analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of SPDR Bloomberg Conve 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.