SPDR Russell Valuation
| SPMD Etf | USD 62.59 0.38 0.60% |
At this time, the etf appears to be undervalued. SPDR Russell Small has a current Real Value of $65.26 per share. The regular price of the etf is $62.59. Our model measures the value of SPDR Russell Small from examining the etf fundamentals such as return on equity of -0.49, and Shares Outstanding of 15.3 M as well as evaluating its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that SPDR Russell's price fluctuation is very steady at this time. Calculation of the real value of SPDR Russell Small is based on 3 months time horizon. Increasing SPDR Russell's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the SPDR etf is determined by what a typical buyer is willing to pay for full or partial control of SPDR Russell Small. Since SPDR Russell is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Etf. However, SPDR Russell'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 62.59 | Real 65.26 | Hype 63.04 |
The real value of SPDR Etf, also known as its intrinsic value, is the underlying worth of SPDR Russell Small ETF, which is reflected in its stock price. It is based on SPDR Russell's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of SPDR Russell'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, or news.
Estimating the potential upside or downside of SPDR Russell Small 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 Russell more accurately as focusing exclusively on SPDR Russell's fundamentals will not take into account other important factors: About SPDR Russell Valuation
The etf valuation mechanism determines SPDR Russell's current worth on a weekly basis. Our valuation model uses a comparative analysis of SPDR Russell. We calculate exposure to SPDR Russell's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR Russell'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. SPDR Mid is traded on NYSEARCA Exchange in the United States.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Russell Small. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
SPDR Russell Small's market price often diverges from its book value, the accounting figure shown on SPDR's balance sheet. Smart investors calculate SPDR Russell's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since SPDR Russell's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between SPDR Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Russell'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.