Spdr Barclays Euro Etf Price To Book
| EUCO Etf | EUR 54.24 0.11 0.20% |
SPDR Barclays Euro fundamentals help investors to digest information that contributes to SPDR Barclays' financial success or failures. It also enables traders to predict the movement of SPDR Etf. The fundamental analysis module provides a way to measure SPDR Barclays' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SPDR Barclays etf.
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SPDR Barclays Euro ETF Price To Book Analysis
SPDR Barclays' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, SPDR Barclays Euro has a Price To Book of 0.0 times. This indicator is about the same for the State Street Global Advisors Ltd average (which is currently at 0.0) family and about the same as Price To Book (which currently averages 0.0) category. This indicator is about the same for all France etfs average (which is currently at 0.0).
SPDR Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Barclays' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR Barclays could also be used in its relative valuation, which is a method of valuing SPDR Barclays by comparing valuation metrics of similar companies.SPDR Barclays is currently under evaluation in price to book as compared to similar ETFs.
Fund Asset Allocation for SPDR Barclays
The fund consists of 94.8% investments in fixed income securities, with the rest of funds allocated in various types of exotic instruments.Asset allocation divides SPDR Barclays' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
SPDR Fundamentals
| Total Asset | 553.53 M | |||
| One Year Return | 4.13 % | |||
| Three Year Return | 2.41 % | |||
| Five Year Return | 1.93 % | |||
| Ten Year Return | 3.44 % | |||
| Net Asset | 553.53 M | |||
| Holdings Turnover | 55.26 % | |||
| Bond Positions Weight | 94.80 % |
About SPDR Barclays Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Barclays Euro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Barclays using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Barclays Euro based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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SPDR Barclays financial ratios help investors to determine whether SPDR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR Barclays security.