SPDR Series Financials
XME Etf | MXN 1,215 0.00 0.00% |
SPDR |
The data published in SPDR Series' official financial statements typically reflect SPDR Series' 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 Series' quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR Series' 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 Series' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of SPDR Series Trust. Check SPDR Series' Beneish M Score to see the likelihood of SPDR Series' management manipulating its earnings.
SPDR Series Etf Summary
SPDR Series competes with Vanguard Index, SPDR SP, IShares Trust, Vanguard Bond, and Vanguard Tax. The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the metals and mining segment of a U.S. total market composite index. SPDR SP is traded on Mexico Stock Exchange in Mexico.Instrument | Mexico Etf |
Exchange | Mexican Exchange |
ISIN | US78464A7550 |
Region | Others |
Investment Issuer | Others |
Etf Family | SPDR State Street Global Advisors |
Benchmark | Dow Jones Industrial |
Phone | 866 787 2257 |
Currency | MXN - Mexican Peso |
You should never invest in SPDR Series without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of SPDR Etf, because this is throwing your money away. Analyzing the key information contained in SPDR Series' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
SPDR Series Key Financial Ratios
SPDR Series' financial ratios allow both analysts and investors to convert raw data from SPDR Series' financial statements into concise, actionable information that can be used to evaluate the performance of SPDR Series over time and compare it to other companies across industries.SPDR Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Series's current stock value. Our valuation model uses many indicators to compare SPDR Series value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Series competition to find correlations between indicators driving SPDR Series's intrinsic value. More Info.SPDR Series Trust is rated third in price to earning as compared to similar ETFs. It is rated fourth in price to book as compared to similar ETFs fabricating about 0.05 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SPDR Series Trust is roughly 21.34 . Comparative valuation analysis is a catch-all model that can be used if you cannot value SPDR Series by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SPDR Series' Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.SPDR Series Trust Systematic Risk
SPDR Series' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR Series 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on SPDR Series Trust correlated with the market. If Beta is less than 0 SPDR Series generally moves in the opposite direction as compared to the market. If SPDR Series Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR Series Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR Series is generally in the same direction as the market. If Beta > 1 SPDR Series moves generally in the same direction as, but more than the movement of the benchmark.
SPDR Series December 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR Series help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR Series Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR Series Trust 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 Series's daily price indicators and compare them against related drivers.
Information Ratio | 0.1092 | |||
Maximum Drawdown | 9.3 | |||
Potential Upside | 0.1079 |
Additional Information and Resources on Investing in SPDR Etf
When determining whether SPDR Series Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Series' 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 Series Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Series Trust Etf:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.