Spdr Gold Shares Stock Current Valuation
| GQ9 Stock | EUR 232.30 0.92 0.40% |
Valuation analysis of SPDR Gold Shares helps investors to measure SPDR Gold's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that SPDR Gold's price fluctuation is very steady at this time. Calculation of the real value of SPDR Gold Shares is based on 3 months time horizon. Increasing SPDR Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the SPDR stock is determined by what a typical buyer is willing to pay for full or partial control of SPDR Gold Shares. Since SPDR Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Stock. However, SPDR Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 232.3 | Real 200.79 | Hype 232.3 |
The real value of SPDR Stock, also known as its intrinsic value, is the underlying worth of SPDR Gold Shares Company, which is reflected in its stock price. It is based on SPDR Gold's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of SPDR Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of SPDR Gold Shares helps investors to forecast how SPDR stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SPDR Gold more accurately as focusing exclusively on SPDR Gold's fundamentals will not take into account other important factors: SPDR Gold Shares Company Current Valuation Analysis
SPDR Gold's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, SPDR Gold Shares has a Current Valuation of 0.0. This indicator is about the same for the SPDR State Street Global Advisors average (which is currently at 0.0) sector and about the same as Current Valuation (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).
SPDR Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Gold's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SPDR Gold could also be used in its relative valuation, which is a method of valuing SPDR Gold by comparing valuation metrics of similar companies.SPDR Gold is currently under evaluation in current valuation category among its peers.
SPDR Fundamentals
| Beta | 0.03 | |||
| Total Asset | 29.81 B | |||
| One Year Return | (4.59) % | |||
| Three Year Return | 4.27 % | |||
| Five Year Return | 16.63 % | |||
| Ten Year Return | 3.72 % | |||
| Net Asset | 29.81 B |
About SPDR Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Gold Shares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Gold Shares based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in SPDR Stock
SPDR Gold financial ratios help investors to determine whether SPDR Stock 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 Gold security.