Ssga Etf Fundamentals
SSgA fundamentals help investors to digest information that contributes to SSgA's financial success or failures. It also enables traders to predict the movement of SSgA Etf. The fundamental analysis module provides a way to measure SSgA'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 SSgA etf.
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SSgA ETF Price To Sales Analysis
SSgA'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 SSgA Price To Sales | 1.20 X |
Most of SSgA'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, SSgA 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, SSgA has a Price To Sales of 1.2 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.
SSgA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SSgA's current stock value. Our valuation model uses many indicators to compare SSgA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SSgA competition to find correlations between indicators driving SSgA's intrinsic value. More Info.SSgA is considered the top ETF in price to earning as compared to similar ETFs. It also is considered the top ETF in price to book as compared to similar ETFs fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SSgA is roughly 7.99 . Comparative valuation analysis is a catch-all technique that is used if you cannot value SSgA 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.Did you try this?
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Fund Asset Allocation for SSgA
The fund consists of 98.4% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides SSgA'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.
SSgA Fundamentals
| Price To Earning | 14.87 X | |||
| Price To Book | 1.86 X | |||
| Price To Sales | 1.20 X | |||
| Number Of Employees | 13 | |||
| Total Asset | 38.54 M | |||
| One Year Return | 3.58 % | |||
| Three Year Return | 0.44 % | |||
| Five Year Return | 8.23 % | |||
| Net Asset | 38.54 M | |||
| Equity Positions Weight | 98.40 % |
Thematic Opportunities
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Check 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 state. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Tools for SSgA Etf
When running SSgA's price analysis, check to measure SSgA'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 SSgA is operating at the current time. Most of SSgA's value examination focuses on studying past and present price action to predict the probability of SSgA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SSgA's price. Additionally, you may evaluate how the addition of SSgA to your portfolios can decrease your overall portfolio volatility.
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