Spdr Barclays Short Etf Net Asset
| SPTS Etf | USD 29.00 0.02 0.07% |
SPDR Barclays Short fundamentals help investors to digest information that contributes to SPDR Barclays' 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 Barclays' 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 Barclays etf.
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SPDR Barclays Short ETF Net Asset Analysis
SPDR Barclays' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current SPDR Barclays Net Asset | 3.38 B |
Most of SPDR Barclays' fundamental indicators, such as Net 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 Barclays Short is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, SPDR Barclays Short has a Net Asset of 3.38 B. This is 89.59% lower than that of the SPDR State Street Global Advisors family and significantly higher than that of the Short Government category. The net asset for all United States etfs is 47.54% lower than that of the firm.
SPDR Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Barclays' direct or indirect competition against its Net 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 Barclays could also be used in its relative valuation, which is a method of valuing SPDR Barclays by comparing valuation metrics of similar companies.SPDR Barclays is currently under evaluation in net asset as compared to similar ETFs.
SPDR Fundamentals
| Number Of Employees | 194 | |||
| Beta | 0.26 | |||
| Total Asset | 3.38 B | |||
| One Year Return | 5.10 % | |||
| Three Year Return | 1.10 % | |||
| Five Year Return | 1.20 % | |||
| Ten Year Return | 1.20 % | |||
| Net Asset | 3.38 B | |||
| Last Dividend Paid | 0.0048 |
About SPDR Barclays Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Barclays Short's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Barclays using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Barclays Short 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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Check out SPDR Barclays Piotroski F Score and SPDR Barclays Altman Z Score analysis. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of SPDR Barclays Short 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 Barclays' value that differs from its market value or its book value, called intrinsic value, which is SPDR Barclays' 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 Barclays' market value can be influenced by many factors that don't directly affect SPDR Barclays' 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 Barclays' value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Barclays is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Barclays' 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.