State Street Etf Fundamentals
State Street fundamentals help investors to digest information that contributes to State Street's financial success or failures. It also enables traders to predict the movement of State Etf. The fundamental analysis module provides a way to measure State Street'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 State Street etf.
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State Street ETF Price To Book Analysis
State Street's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current State Street Price To Book | 4.66 X |
Most of State Street's fundamental indicators, such as Price To Book, 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, State Street is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, State Street has a Price To Book of 4.66 times. This is much higher than that of the family and significantly higher than that of the Price To Book category. The price to book for all United States etfs is notably lower than that of the firm.
State Street Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining State Street's current stock value. Our valuation model uses many indicators to compare State Street value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across State Street competition to find correlations between indicators driving State Street's intrinsic value. More Info.State Street is rated below average in price to earning as compared to similar ETFs. It is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.21 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for State Street is roughly 4.70 . Comparative valuation analysis is a catch-all technique that is used if you cannot value State Street by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.State Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses State Street's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of State Street could also be used in its relative valuation, which is a method of valuing State Street by comparing valuation metrics of similar companies.State Street is currently under evaluation in price to book as compared to similar ETFs.
Fund Asset Allocation for State Street
The fund invests 99.89% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides State Street'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.
State Fundamentals
| Price To Earning | 21.90 X | |||
| Price To Book | 4.66 X | |||
| Price To Sales | 3.69 X | |||
| Earnings Per Share | 7.19 X | |||
| Number Of Employees | 10 | |||
| Market Capitalization | 767.5 M | |||
| Total Asset | 767.19 M | |||
| One Year Return | 33.17 % | |||
| Three Year Return | 17.12 % | |||
| Five Year Return | 19.34 % | |||
| Ten Year Return | 10.22 % | |||
| Net Asset | 767.19 M | |||
| Last Dividend Paid | 0.083 | |||
| Equity Positions Weight | 99.89 % |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Tools for State Etf
When running State Street's price analysis, check to measure State Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.
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