SPDR Portfolio Financial Statements From 2010 to 2024
| SPAB Etf | USD 25.48 0.05 0.20% |
Check SPDR Portfolio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPDR Portfolio's main balance sheet or income statement drivers, such as , as well as many indicators such as . SPDR financial statements analysis is a perfect complement when working with SPDR Portfolio Valuation or Volatility modules.
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SPDR Portfolio Aggregate ETF Beta Analysis
SPDR Portfolio's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current SPDR Portfolio Beta | 1.0 |
Most of SPDR Portfolio's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SPDR Portfolio Aggregate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, SPDR Portfolio Aggregate has a Beta of 1.0. This is 270.37% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Intermediate Core Bond category. The beta for all United States etfs is notably lower than that of the firm.
About SPDR Portfolio Financial Statements
SPDR Portfolio stakeholders use historical fundamental indicators, such as SPDR Portfolio's revenue or net income, to determine how well the company is positioned to perform in the future. Although SPDR Portfolio investors may analyze each financial statement separately, they are all interrelated. For example, changes in SPDR Portfolio's assets and liabilities are reflected in the revenues and expenses on SPDR Portfolio's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SPDR Portfolio Aggregate. Please read more on our technical analysis and fundamental analysis pages.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. SPDR Aggregate is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SPDR Portfolio Aggregate offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Portfolio'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 Portfolio Aggregate Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Portfolio Aggregate Etf:Check out the analysis of SPDR Portfolio Correlation against competitors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of SPDR Portfolio Aggregate 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 Portfolio's value that differs from its market value or its book value, called intrinsic value, which is SPDR Portfolio'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 Portfolio's market value can be influenced by many factors that don't directly affect SPDR Portfolio'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 Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Portfolio'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.