SPDR Kensho Financial Statements From 2010 to 2024
XKFS Etf | USD 68.36 0.65 0.96% |
Check SPDR Kensho financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPDR Kensho'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 Kensho Valuation or Volatility modules.
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SPDR Kensho Future ETF One Year Return Analysis
SPDR Kensho's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current SPDR Kensho One Year Return | 14.71 % |
Most of SPDR Kensho's fundamental indicators, such as One Year Return, 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 Kensho Future is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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SPDR Kensho One Year Return Component Assessment
Based on the recorded statements, SPDR Kensho Future has an One Year Return of 14.71%. This is 89.56% higher than that of the Category family and 24.35% lower than that of the Technology category. The one year return for all United States etfs is notably lower than that of the firm.
About SPDR Kensho Financial Statements
SPDR Kensho shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although SPDR Kensho investors may analyze each financial statement separately, they are all interrelated. The changes in SPDR Kensho's assets and liabilities, for example, are also reflected in the revenues and expenses on on SPDR Kensho's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SP Kensho Future Security Index. SPDR Kensho is traded on Archipelago Exchange in USA.
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Check out the analysis of SPDR Kensho Correlation against competitors. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of SPDR Kensho Future 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 Kensho's value that differs from its market value or its book value, called intrinsic value, which is SPDR Kensho'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 Kensho's market value can be influenced by many factors that don't directly affect SPDR Kensho'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 Kensho's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Kensho is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Kensho'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.