Spdr Series Trust Etf Fundamentals
| XBI Etf | MXN 2,044 159.00 8.44% |
SPDR Series Trust fundamentals help investors to digest information that contributes to SPDR Series' 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 Series' 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 Series etf.
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SPDR Series Trust ETF Price To Earning Analysis
SPDR Series' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current SPDR Series Price To Earning | 21.86 X |
Most of SPDR Series' fundamental indicators, such as Price To Earning, 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 Series Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, SPDR Series Trust has a Price To Earning of 21.86 times. This is 221.47% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Price To Earning category. The price to earning for all Mexico etfs is notably lower than that of the firm.
SPDR Series Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Series's current stock value. Our valuation model uses many indicators to compare SPDR Series value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Series competition to find correlations between indicators driving SPDR Series's intrinsic value. More Info.SPDR Series Trust is rated below average in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SPDR Series Trust is roughly 7.26 . Comparative valuation analysis is a catch-all model that can be used if you cannot value SPDR Series by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SPDR Series' Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.SPDR Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Series' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR Series could also be used in its relative valuation, which is a method of valuing SPDR Series by comparing valuation metrics of similar companies.SPDR Series is currently under evaluation in price to earning as compared to similar ETFs.
Fund Asset Allocation for SPDR Series
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 SPDR Series' 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
| Price To Earning | 21.86 X | |||
| Price To Book | 3.01 X | |||
| Price To Sales | 7.92 X | |||
| Number Of Employees | 12 | |||
| Total Asset | 6.76 B | |||
| One Year Return | 23.99 % | |||
| Three Year Return | 10.75 % | |||
| Five Year Return | 19.74 % | |||
| Ten Year Return | 18.09 % | |||
| Net Asset | 6.76 B | |||
| Equity Positions Weight | 99.89 % |
About SPDR Series Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Series Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Series using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Series Trust 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.The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SP Biotechnology Select Industry Index derived from the biotechnology segment of a U.S. total market composite index. SPDR SERIES is traded on Mexico Stock Exchange in Mexico.
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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.Additional Information and Resources on Investing in SPDR Etf
When determining whether SPDR Series Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Series' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Series Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Series Trust Etf:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. 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.