SPDR Kensho Equity Positions Weight vs. One Year Return
| XKII Etf | USD 37.17 0.00 0.00% |
For SPDR Kensho profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SPDR Kensho to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SPDR Kensho Intelligent utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SPDR Kensho's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SPDR Kensho Intelligent over time as well as its relative position and ranking within its peers.
SPDR |
The market value of SPDR Kensho Intelligent 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 Kensho's value that differs from its market value or its book value, called intrinsic value, which is SPDR Kensho's 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 Kensho's market value can be influenced by many factors that don't directly affect SPDR Kensho's 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 Kensho's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Kensho is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Kensho's 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.
SPDR Kensho Intelligent One Year Return vs. Equity Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Kensho's current stock value. Our valuation model uses many indicators to compare SPDR Kensho value to that of its competitors to determine the firm's financial worth. SPDR Kensho Intelligent is rated first in equity positions weight as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SPDR Kensho's earnings, one of the primary drivers of an investment's value.SPDR One Year Return vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
SPDR Kensho |
| = | 99.90 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
SPDR Kensho |
| = | (4.39) % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
SPDR One Year Return Comparison
SPDR Kensho is currently under evaluation in one year return as compared to similar ETFs.
SPDR Kensho Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SPDR Kensho, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SPDR Kensho will eventually generate negative long term returns. The profitability progress is the general direction of SPDR Kensho's change in net profit over the period of time. It can combine multiple indicators of SPDR Kensho, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SP Kensho Intelligent Infrastructure Index. SPDR Kensho is traded on Archipelago Exchange in USA.
SPDR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SPDR Kensho. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SPDR Kensho position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SPDR Kensho's important profitability drivers and their relationship over time.
Use SPDR Kensho in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SPDR Kensho position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SPDR Kensho will appreciate offsetting losses from the drop in the long position's value.SPDR Kensho Pair Trading
SPDR Kensho Intelligent Pair Trading Analysis
The ability to find closely correlated positions to SPDR Kensho could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPDR Kensho when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SPDR Kensho - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SPDR Kensho Intelligent to buy it.
The correlation of SPDR Kensho is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SPDR Kensho moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPDR Kensho Intelligent moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SPDR Kensho can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your SPDR Kensho position
In addition to having SPDR Kensho in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banking Theme or any other thematic opportunities.
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To fully project SPDR Kensho's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SPDR Kensho Intelligent at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include SPDR Kensho's income statement, its balance sheet, and the statement of cash flows.