SPDR SP Valuation
| ESIX Etf | USD 33.92 0.00 0.00% |
At this time, the etf appears to be undervalued. SPDR SP SmallCap has a current Real Value of $34.69 per share. The regular price of the etf is $33.92. Our model measures the value of SPDR SP SmallCap from examining the etf fundamentals such as beta of 1.12, and Net Asset of 2.33 M as well as evaluating its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that SPDR SP's price fluctuation is very steady at this time. Calculation of the real value of SPDR SP SmallCap is based on 3 months time horizon. Increasing SPDR SP's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since SPDR SP is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Etf. However, SPDR SP's intrinsic value may or may not be the same as its current market price, 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 33.92 | Real 34.69 | Hype 33.9 |
The intrinsic value of SPDR SP'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 SP'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 SP SmallCap 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 SP more accurately as focusing exclusively on SPDR SP's fundamentals will not take into account other important factors: About SPDR SP Valuation
Our relative valuation model uses a comparative analysis of SPDR SP. We calculate exposure to SPDR SP's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR SP's related companies.Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SSGA Active is traded on NYSEARCA Exchange in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR SP SmallCap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
SPDR SP SmallCap's market price often diverges from its book value, the accounting figure shown on SPDR's balance sheet. Smart investors calculate SPDR SP's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since SPDR SP's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between SPDR SP's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding SPDR SP should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, SPDR SP'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.