SPDR SP Valuation
| MDY Etf | USD 600.66 9.50 1.61% |
At this time, the etf appears to be overvalued. SPDR SP MIDCAP has a current Real Value of $543.6 per share. The regular price of the etf is $600.66. Our model measures the value of SPDR SP MIDCAP from examining the etf fundamentals such as number of employees of 424, and Price To Earning of 20.76 X as well as evaluating its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that SPDR SP's price fluctuation is very steady at this time. Calculation of the real value of SPDR SP MIDCAP 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 600.66 | Real 543.6 | Hype 600.12 | Naive 585.48 |
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 MIDCAP 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: SPDR SP Total Value Analysis
SPDR SP MIDCAP is now forecasted to have company total value of 25.49 B with market capitalization of 25.49 B, debt of , and cash on hands of . Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the SPDR SP fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
25.49 B | 25.49 B |
SPDR SP Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of SPDR suggests not a very effective usage of assets in November.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.The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index , with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index. SP Midcap is traded on NYSEARCA Exchange in the United States.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SP MIDCAP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of SPDR SP MIDCAP 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. 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.