Spdr Nuveen Municipal Etf Revenue
MBND Etf | USD 27.68 0.01 0.04% |
SPDR Nuveen Municipal fundamentals help investors to digest information that contributes to SPDR Nuveen'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 Nuveen'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 Nuveen etf.
SPDR |
SPDR Nuveen Municipal ETF Revenue Analysis
SPDR Nuveen's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current SPDR Nuveen Revenue | 305.62 M |
Most of SPDR Nuveen's fundamental indicators, such as Revenue, 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 Nuveen Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Competition |
Based on the latest financial disclosure, SPDR Nuveen Municipal reported 305.62 M of revenue. This is much higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Muni National Interm category. The revenue for all United States etfs is notably lower than that of the firm.
SPDR Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Nuveen's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR Nuveen could also be used in its relative valuation, which is a method of valuing SPDR Nuveen by comparing valuation metrics of similar companies.SPDR Nuveen is currently under evaluation in revenue as compared to similar ETFs.
Fund Asset Allocation for SPDR Nuveen
The fund invests most of its asset in various types of exotic instruments. .Asset allocation divides SPDR Nuveen'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
Return On Asset | 0.016 | |||
Profit Margin | 0.01 % | |||
Operating Margin | 0.03 % | |||
Current Valuation | 65.36 M | |||
Shares Outstanding | 21.72 M | |||
Shares Owned By Insiders | 14.13 % | |||
Shares Owned By Institutions | 31.30 % | |||
Number Of Shares Shorted | 51.84 K | |||
Price To Earning | 26.18 X | |||
Price To Book | 1.62 X | |||
Price To Sales | 0.23 X | |||
Revenue | 305.62 M | |||
Gross Profit | 80.66 M | |||
EBITDA | 9.39 M | |||
Net Income | 2.61 M | |||
Cash And Equivalents | 19.74 M | |||
Cash Per Share | 0.02 X | |||
Total Debt | 41.22 M | |||
Debt To Equity | 0.59 % | |||
Current Ratio | 0.90 X | |||
Cash Flow From Operations | 9.88 M | |||
Short Ratio | 1.20 X | |||
Earnings Per Share | 0.12 X | |||
Price To Earnings To Growth | 1.07 X | |||
Number Of Employees | 3.31 K | |||
Beta | 0.86 | |||
Market Capitalization | 35.71 M | |||
Total Asset | 37.69 M | |||
Retained Earnings | (73.25 M) | |||
Working Capital | (4.89 M) | |||
Current Asset | 59.84 M | |||
Current Liabilities | 64.73 M | |||
One Year Return | 7.00 % | |||
Three Year Return | (0.10) % | |||
Net Asset | 37.69 M | |||
Last Dividend Paid | 0.0219 | |||
Bond Positions Weight | 0.76 % |
About SPDR Nuveen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Nuveen Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Nuveen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Nuveen Municipal 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 Nuveen Municipal is a strong investment it is important to analyze SPDR Nuveen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Nuveen's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:Check out SPDR Nuveen Piotroski F Score and SPDR Nuveen Altman Z Score analysis. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of SPDR Nuveen Municipal 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 Nuveen's value that differs from its market value or its book value, called intrinsic value, which is SPDR Nuveen'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 Nuveen's market value can be influenced by many factors that don't directly affect SPDR Nuveen'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 Nuveen's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Nuveen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Nuveen'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.