Spdr Morningstar Multi Asset Etf One Year Return
GIN Etf | 27.46 0.03 0.11% |
SPDR Morningstar Multi Asset fundamentals help investors to digest information that contributes to SPDR Morningstar'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 Morningstar'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 Morningstar etf.
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SPDR Morningstar Multi Asset ETF One Year Return Analysis
SPDR Morningstar's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current SPDR Morningstar One Year Return | 40.60 % |
Most of SPDR Morningstar's fundamental indicators, such as One Year Return, 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 Morningstar Multi Asset is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, SPDR Morningstar Multi Asset has an One Year Return of 40.6%. This is much higher than that of the family and significantly higher than that of the USD Moderate Allocation category. The one year return for all United Kingdom etfs is notably lower than that of the firm.
SPDR One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Morningstar's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR Morningstar could also be used in its relative valuation, which is a method of valuing SPDR Morningstar by comparing valuation metrics of similar companies.SPDR Morningstar is currently under evaluation in one year return as compared to similar ETFs.
SPDR Fundamentals
One Year Return | 40.60 % | |||
Three Year Return | 10.30 % | |||
Five Year Return | 8.20 % |
About SPDR Morningstar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Morningstar Multi Asset's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Morningstar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Morningstar Multi Asset 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.Other Information on Investing in SPDR Etf
SPDR Morningstar financial ratios help investors to determine whether SPDR 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 SPDR with respect to the benefits of owning SPDR Morningstar security.