State Street Etf Fundamentals
State Street fundamentals help investors to digest information that contributes to State Street's financial success or failures. It also enables traders to predict the movement of State Etf. The fundamental analysis module provides a way to measure State Street's 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 State Street etf.
State |
State Street ETF Price To Sales Analysis
State Street's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current State Street Price To Sales | 1.06 X |
Most of State Street's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, State Street is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
CompetitionBased on the latest financial disclosure, State Street has a Price To Sales of 1.06 times. This is much higher than that of the family and significantly higher than that of the Price To Sales category. The price to sales for all United States etfs is notably lower than that of the firm.
State Street Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining State Street's current stock value. Our valuation model uses many indicators to compare State Street value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across State Street competition to find correlations between indicators driving State Street's intrinsic value. More Info.State Street is rated # 4 ETF in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for State Street is roughly 10.13 . Comparative valuation analysis is a catch-all technique that is used if you cannot value State Street 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.State Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses State Street's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of State Street could also be used in its relative valuation, which is a method of valuing State Street by comparing valuation metrics of similar companies.State Street is currently under evaluation in price to sales as compared to similar ETFs.
Fund Asset Allocation for State Street
The fund consists of 95.09% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides State Street's 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.
State Fundamentals
| Price To Earning | 15.20 X | |||
| Price To Book | 1.50 X | |||
| Price To Sales | 1.06 X | |||
| Number Of Employees | 13 | |||
| Total Asset | 1.01 B | |||
| One Year Return | 19.25 % | |||
| Three Year Return | 5.55 % | |||
| Five Year Return | 8.08 % | |||
| Ten Year Return | 1.66 % | |||
| Net Asset | 1.01 B | |||
| Equity Positions Weight | 95.09 % |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Tools for State Etf
When running State Street's price analysis, check to measure State Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |