Spdr Ssga My2027 Etf Price To Book
| MYCG Etf | 24.70 0.01 0.04% |
SPDR SSGA My2027 fundamentals help investors to digest information that contributes to SPDR SSGA's 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 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 SPDR SSGA etf.
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SPDR SSGA My2027 ETF Price To Book Analysis
SPDR SSGA's 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 SSGA My2027 has a Price To Book of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Target Maturity (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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SPDR Fundamentals
| Return On Asset | -727.25 | |||
| Operating Margin | (312.59) % | |||
| Current Valuation | 1.08 M | |||
| Shares Outstanding | 13.71 M | |||
| Price To Sales | 10.99 X | |||
| Revenue | 62.4 K | |||
| Gross Profit | 25.16 K | |||
| Net Income | (424.73 K) | |||
| Cash And Equivalents | 5.44 K | |||
| Total Debt | 397.19 K | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (0.04) X | |||
| Cash Flow From Operations | (26.89 K) | |||
| Earnings Per Share | (0.03) X | |||
| Market Capitalization | 685.6 K | |||
| Total Asset | 5 K | |||
| Retained Earnings | (1.07 M) | |||
| Working Capital | (478 K) | |||
| Current Asset | 5 K | |||
| Current Liabilities | 483 K |
About SPDR SSGA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR SSGA My2027's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR SSGA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR SSGA My2027 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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Check out SPDR SSGA Piotroski F Score and SPDR SSGA Altman Z Score analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of SPDR SSGA My2027 is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SSGA's value that differs from its market value or its book value, called intrinsic value, which is SPDR SSGA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR SSGA's market value can be influenced by many factors that don't directly affect SPDR SSGA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR SSGA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SSGA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SSGA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.