Spdr Dow Jones Etf Fundamentals
DIA Etf | EUR 363.50 25.20 0.00% |
SPDR Dow Jones fundamentals help investors to digest information that contributes to SPDR Dow'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 Dow'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 Dow etf.
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SPDR Dow Jones ETF Price To Earning Analysis
SPDR Dow's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current SPDR Dow Price To Earning | 11.40 X |
Most of SPDR Dow's fundamental indicators, such as Price To Earning, 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 Dow Jones is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, SPDR Dow Jones has a Price To Earning of 11.4 times. This is 67.65% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Price To Earning category. The price to earning for all Netherlands etfs is notably lower than that of the firm.
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Fund Asset Allocation for SPDR Dow
The fund invests 99.63% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides SPDR Dow'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 | 11.40 X | |||
Earnings Per Share | 9.11 X | |||
Market Capitalization | 19.89 B | |||
Total Asset | 21.33 B | |||
One Year Return | 11.97 % | |||
Three Year Return | 16.65 % | |||
Five Year Return | 12.45 % | |||
Ten Year Return | 14.82 % | |||
Net Asset | 21.33 B | |||
Equity Positions Weight | 99.63 % |
About SPDR Dow Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Dow Jones's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Dow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Dow Jones 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.The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial Average . SPDR DJIA is traded on Amsterdam Stock Exchange in Netherlands.
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Additional Information and Resources on Investing in SPDR Etf
When determining whether SPDR Dow Jones offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Dow'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 Dow Jones Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Dow Jones Etf:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR Dow Jones. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.