Australian ETFs on watch BetaShares YMAX SPDR DJRE - Best ETFs
| DJRE Etf | 22.63 0.02 0.09% |
Slightly above 62% of SPDR Dow's investor base is looking to short. The current sentiment regarding investing in SPDR Dow Jones etf implies that many traders are alarmed. SPDR Dow's investing sentiment can be driven by a variety of factors including economic data, SPDR Dow's earnings reports, geopolitical events, and overall market trends.
SPDR |
Australian ETFs on watch BetaShares YMAX SPDR DJRE Best ETFs
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SPDR Dow Fundamental Analysis
We analyze SPDR Dow's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Dow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Dow 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.
Beta
Beta Comparative Analysis
SPDR Dow is currently under evaluation in beta as compared to similar ETFs. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
SPDR Dow Jones Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SPDR Dow etf to make a market-neutral strategy. Peer analysis of SPDR Dow could also be used in its relative valuation, which is a method of valuing SPDR Dow by comparing valuation metrics with similar companies.
Peers
SPDR Dow Related Equities
| IZZ | IShares China | 0.59 | ||||
| IAA | IShares Asia | 0.33 | ||||
| RGB | Russell Australian | 0.05 | ||||
| ILB | IShares UBS | 0.16 | ||||
| RBTZ | BetaShares Global | 0.27 | ||||
| GEAR | BetaShares Geared | 0.41 |
Check out SPDR Dow Hype Analysis, SPDR Dow Correlation and SPDR Dow Performance. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.