SPDR Dow Valuation
| DJRE Etf | 21.51 0.29 1.33% |
At this time, the etf appears to be overvalued. SPDR Dow Jones has a current Real Value of USD20.05 per share. The regular price of the etf is USD21.51. Our model measures the value of SPDR Dow Jones from examining the etf fundamentals such as beta of 0.69 as well as evaluating its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that SPDR Dow's price fluctuation is very steady at this time. Calculation of the real value of SPDR Dow Jones is based on 3 months time horizon. Increasing SPDR Dow's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
SPDR Dow's intrinsic value may or may not be the same as its current market price of 21.51, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 21.51 | Real 20.05 | Hype 21.8 | Naive 21.96 |
The intrinsic value of SPDR Dow's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence SPDR Dow's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of SPDR Dow Jones helps investors to forecast how SPDR etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SPDR Dow more accurately as focusing exclusively on SPDR Dow's fundamentals will not take into account other important factors: About SPDR Dow Valuation
The etf valuation mechanism determines SPDR Dow's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of SPDR Dow Jones based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPDR Dow. We calculate exposure to SPDR Dow's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR Dow's related companies. When determining whether SPDR Dow Jones offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Dow's 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 Dow Jones Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Dow Jones Etf:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR Dow Jones. 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 Stocks Directory module to find actively traded stocks across global markets.