Ssga Spdr Msci Etf Fundamentals
| EMSD Etf | 116.54 0.10 0.09% |
SSgA SPDR MSCI fundamentals help investors to digest information that contributes to SSgA SPDR's financial success or failures. It also enables traders to predict the movement of SSgA Etf. The fundamental analysis module provides a way to measure SSgA SPDR'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 SSgA SPDR etf.
SSgA |
SSgA SPDR MSCI ETF Beta Analysis
SSgA SPDR's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current SSgA SPDR Beta | 0.97 |
Most of SSgA SPDR's fundamental indicators, such as Beta, 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, SSgA SPDR MSCI is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, SSgA SPDR MSCI has a Beta of 0.97. This is much higher than that of the family and significantly higher than that of the Global Emerging Markets Small/Mid-Cap Equity category. The beta for all United Kingdom etfs is notably lower than that of the firm.
SSgA Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SSgA SPDR's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SSgA SPDR could also be used in its relative valuation, which is a method of valuing SSgA SPDR by comparing valuation metrics of similar companies.SSgA SPDR is one of the top ETFs in beta as compared to similar ETFs.
SSgA SPDR returns are very sensitive to returns on the market. As the market goes up or down, SSgA SPDR is expected to follow.
SSgA Fundamentals
| Beta | 0.97 | |||
| One Year Return | 9.30 % | |||
| Three Year Return | 4.70 % | |||
| Five Year Return | 9.80 % | |||
| Ten Year Return | 7.60 % |
About SSgA SPDR Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SSgA SPDR MSCI's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SSgA SPDR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SSgA SPDR MSCI 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.SSgA SPDR is entity of United Kingdom. It is traded as Etf on LSE exchange.
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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.Other Information on Investing in SSgA Etf
SSgA SPDR financial ratios help investors to determine whether SSgA Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SSgA with respect to the benefits of owning SSgA SPDR security.