SPDR Portfolio Financials
| SPYD Etf | USD 47.30 0.02 0.04% |
Net Expense Ratio 0.0007 | 3 y Sharp Ratio 0.32 |
SPDR |
The data published in SPDR Portfolio's official financial statements typically reflect SPDR Portfolio'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 Portfolio's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR Portfolio'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 Portfolio'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 Portfolio's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of SPDR Portfolio's management manipulating its earnings.
SPDR Portfolio Etf Summary
SPDR Portfolio competes with Invesco SP, IShares Core, SPDR Portfolio, Schwab Dividend, and Vanguard High. 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 SP is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US78468R7888 |
| CUSIP | 78468R788 |
| Region | North America |
| Investment Issuer | SSgA |
| Etf Family | SPDR State Street Global Advisors |
| Fund Category | Strategy |
| Portfolio Concentration | High Dividend Yield |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
SPDR Portfolio Key Financial Ratios
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Portfolio's current stock value. Our valuation model uses many indicators to compare SPDR Portfolio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Portfolio competition to find correlations between indicators driving SPDR Portfolio's intrinsic value. More Info.SPDR Portfolio SP is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SPDR Portfolio SP is roughly 8.63 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR Portfolio 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 Portfolio SP Systematic Risk
SPDR Portfolio's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR Portfolio 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.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on SPDR Portfolio SP correlated with the market. If Beta is less than 0 SPDR Portfolio generally moves in the opposite direction as compared to the market. If SPDR Portfolio Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR Portfolio SP is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR Portfolio is generally in the same direction as the market. If Beta > 1 SPDR Portfolio moves generally in the same direction as, but more than the movement of the benchmark.
About SPDR Portfolio Financials
What exactly are SPDR Portfolio 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 Portfolio's income statement, its balance sheet, and the statement of cash flows. Potential SPDR Portfolio investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although SPDR Portfolio investors may use each financial statement separately, they are all related. The changes in SPDR Portfolio's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SPDR Portfolio'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 Portfolio Thematic Clasifications
SPDR Portfolio SP is part of several thematic ideas from High Dividend Yield ETFs to Strategy 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 Portfolio November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR Portfolio help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR Portfolio SP. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR Portfolio SP 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 Portfolio's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6227 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 2.38 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 1.08 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Portfolio SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of SPDR Portfolio SP 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.