Best ETF match-up WXOZ Vs. TECH - Best ETFs
| WXOZ Etf | 47.97 0.19 0.40% |
Slightly above 53% of SPDR SP's investor base is interested to short. The current sentiment regarding investing in SPDR SP World etf implies that many traders are impartial. SPDR SP's investing sentiment can be driven by a variety of factors including economic data, SPDR SP's earnings reports, geopolitical events, and overall market trends.
SPDR |
Best ETF match-up WXOZ Vs. TECH Best ETFs
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SPDR SP Fundamental Analysis
We analyze SPDR SP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR SP 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 SP 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 SP World 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 SP etf to make a market-neutral strategy. Peer analysis of SPDR SP could also be used in its relative valuation, which is a method of valuing SPDR SP by comparing valuation metrics with similar companies.
Peers
SPDR SP Related Equities
| GEAR | BetaShares Geared | 1.09 | ||||
| RGB | Russell Australian | 0.11 | ||||
| ILB | IShares UBS | 0.02 | ||||
| RBTZ | BetaShares Global | 0.07 | ||||
| IZZ | IShares China | 0.09 | ||||
| IAA | IShares Asia | 0.74 |
Check out SPDR SP Hype Analysis, SPDR SP Correlation and SPDR SP Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.