Cerity Partners LLC Raises Stock Position in Sun Life Financial Inc. - Defense World
| SLF Etf | 14.09 0.14 0.98% |
Slightly above 62% of SPDR SPASX's investor base is looking to short. The current sentiment regarding investing in SPDR SPASX 200 etf implies that many traders are alarmed. SPDR SPASX's investing sentiment can be driven by a variety of factors including economic data, SPDR SPASX's earnings reports, geopolitical events, and overall market trends.
SPDR |
Cerity Partners LLC Raises Stock Position in Sun Life Financial Inc. Defense World
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SPDR SPASX Fundamental Analysis
We analyze SPDR SPASX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR SPASX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR SPASX 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 SPASX 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 SPASX 200 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 SPASX etf to make a market-neutral strategy. Peer analysis of SPDR SPASX could also be used in its relative valuation, which is a method of valuing SPDR SPASX by comparing valuation metrics with similar companies.
Peers
SPDR SPASX Related Equities
| IHWL | IShares Core | 0.43 | ||||
| BNKS | BetaShares Global | 0.23 | ||||
| IHVV | IShares SP | 0.22 | ||||
| VGAD | Vanguard MSCI | 0.19 | ||||
| VTS | Vanguard Total | 0.15 | ||||
| IVV | IShares Core | 0.19 | ||||
| SPY | SPDR SP | 0.19 | ||||
| QFN | Beta Shares | 0.88 |
Other Information on Investing in SPDR Etf
SPDR SPASX financial ratios help investors to determine whether SPDR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR SPASX security.