SPDR Kensho Financials
| XKFS Etf | USD 68.36 0.65 0.96% |
Net Expense Ratio 0.0046 |
SPDR |
The data published in SPDR Kensho's official financial statements typically reflect SPDR Kensho'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 Kensho's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR Kensho's liquidity, profitability, and earnings quality within the context of the SPDR State Street Global Advisors space in which it operates.
Please note, the imprecision that can be found in SPDR Kensho's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of SPDR Kensho Future. Check SPDR Kensho's Beneish M Score to see the likelihood of SPDR Kensho's management manipulating its earnings.
SPDR Kensho Etf Summary
SPDR Kensho competes with Invesco DWA, Invesco Dynamic, SCOR PK, Morningstar Unconstrained, and Thrivent High. 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.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | SPDR State Street Global Advisors |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 866 787 2257 |
| Currency | USD - US Dollar |
SPDR Kensho Key Financial Ratios
SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Kensho's current stock value. Our valuation model uses many indicators to compare SPDR Kensho value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Kensho competition to find correlations between indicators driving SPDR Kensho's intrinsic value. More Info.SPDR Kensho Future is rated first in one year return as compared to similar ETFs. It is rated first in net asset as compared to similar ETFs making up about 1,351,462 of Net Asset per One Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR Kensho 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 Kensho Future Systematic Risk
SPDR Kensho's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR Kensho 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 fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on SPDR Kensho Future correlated with the market. If Beta is less than 0 SPDR Kensho generally moves in the opposite direction as compared to the market. If SPDR Kensho Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR Kensho Future is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR Kensho is generally in the same direction as the market. If Beta > 1 SPDR Kensho moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as SPDR Kensho is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of SPDR has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if SPDR Kensho's financials are consistent with your investment objective using the following steps:- Review SPDR Kensho's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand SPDR Kensho's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare SPDR Kensho's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if SPDR Kensho's stock is overvalued or undervalued.
SPDR Kensho December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR Kensho help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR Kensho Future. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR Kensho Future 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 Kensho's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9944 | |||
| Information Ratio | 0.1451 | |||
| Maximum Drawdown | 7.43 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.57 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR Kensho Future. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing 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.