SPDR MSCI Financials
| QWLD Etf | USD 128.16 0.13 0.10% |
Net Expense Ratio 0.003 | 3 y Sharp Ratio 0.38 |
SPDR |
The data published in SPDR MSCI's official financial statements typically reflect SPDR MSCI's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving SPDR MSCI's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR MSCI's liquidity, profitability, and earnings quality within the context of the SPDR State Street Global Advisors space in which it operates.
Please note, the presentation of SPDR MSCI's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SPDR MSCI's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of SPDR MSCI's management manipulating its earnings.
SPDR MSCI Etf Summary
SPDR MSCI competes with IShares MSCI, IShares Global, IShares MSCI, Goldman Sachs, and Xtrackers MSCI. The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. World Qlty is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US78463X4189 |
| CUSIP | 78463X418 |
| Region | Global |
| Investment Issuer | SSgA |
| Etf Family | SPDR State Street Global Advisors |
| Fund Category | Broad Equity |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
SPDR MSCI Key Financial Ratios
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR MSCI's current stock value. Our valuation model uses many indicators to compare SPDR MSCI value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR MSCI competition to find correlations between indicators driving SPDR MSCI's intrinsic value. More Info.SPDR MSCI World is rated second largest ETF in price to earning as compared to similar ETFs. It is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SPDR MSCI World is roughly 7.79 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR MSCI by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.SPDR MSCI World Systematic Risk
SPDR MSCI's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR MSCI volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on SPDR MSCI World correlated with the market. If Beta is less than 0 SPDR MSCI generally moves in the opposite direction as compared to the market. If SPDR MSCI Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR MSCI World is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR MSCI is generally in the same direction as the market. If Beta > 1 SPDR MSCI moves generally in the same direction as, but more than the movement of the benchmark.
About SPDR MSCI Financials
What exactly are SPDR MSCI Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include SPDR MSCI's income statement, its balance sheet, and the statement of cash flows. Potential SPDR MSCI investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although SPDR MSCI investors may use each financial statement separately, they are all related. The changes in SPDR MSCI's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SPDR MSCI's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.SPDR MSCI Thematic Clasifications
SPDR MSCI World is part of several thematic ideas from Strategy ETFs to Broad Equity ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSPDR MSCI December 17, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR MSCI help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR MSCI World. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR MSCI World based on widely used predictive technical indicators. In general, we focus on analyzing SPDR Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SPDR MSCI's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4987 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 2.14 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.8998 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SPDR MSCI World. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of SPDR MSCI World 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 MSCI's value that differs from its market value or its book value, called intrinsic value, which is SPDR MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect SPDR MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR MSCI'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.