Spdr Spasx Australian Etf Three Year Return
| GOVT Etf | 23.83 0.02 0.08% |
SPDR SPASX Australian fundamentals help investors to digest information that contributes to SPDR SPASX'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 SPASX'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 SPASX etf.
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SPDR SPASX Australian ETF Three Year Return Analysis
SPDR SPASX's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
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Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current SPDR SPASX Three Year Return | (3.80) % |
Most of SPDR SPASX's fundamental indicators, such as Three 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 SPASX Australian is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, SPDR SPASX Australian has a Three Year Return of -3.8%. This is much lower than that of the family and significantly lower than that of the Bonds - Australia category. The three year return for all Australia etfs is notably higher than that of the company.
SPDR Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR SPASX's direct or indirect competition against its Three 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 SPASX could also be used in its relative valuation, which is a method of valuing SPDR SPASX by comparing valuation metrics of similar companies.SPDR SPASX is currently under evaluation in three year return as compared to similar ETFs.
SPDR Fundamentals
| Beta | 1.23 | |||
| One Year Return | 4.30 % | |||
| Three Year Return | (3.80) % | |||
| Five Year Return | (2.30) % | |||
| Ten Year Return | 1.20 % |
About SPDR SPASX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR SPASX Australian's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR SPASX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR SPASX Australian 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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SPDR SPASX 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 SPASX security.