Spdr Nuveen Bloomberg Etf Total Asset
SHM Etf | USD 47.73 0.01 0.02% |
SPDR Nuveen Bloomberg 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.
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SPDR Nuveen Bloomberg ETF Total Asset Analysis
SPDR Nuveen's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current SPDR Nuveen Total Asset | 4.6 B |
Most of SPDR Nuveen's fundamental indicators, such as Total Asset, 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 Bloomberg is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition |
Based on the latest financial disclosure, SPDR Nuveen Bloomberg has a Total Asset of 4.6 B. This is much higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Muni National Short category. The total asset for all United States etfs is notably lower than that of the firm.
SPDR Total Asset 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 Total Asset 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 total asset as compared to similar ETFs.
SPDR Fundamentals
Number Of Employees | 13 | |||
Beta | 0.48 | |||
Total Asset | 4.6 B | |||
One Year Return | 3.20 % | |||
Three Year Return | 0.10 % | |||
Five Year Return | 0.60 % | |||
Ten Year Return | 0.90 % | |||
Net Asset | 4.6 B | |||
Last Dividend Paid | 0.0296 |
About SPDR Nuveen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Nuveen Bloomberg'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 Bloomberg 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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The market value of SPDR Nuveen Bloomberg 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.