Spdr Spasx 50 Etf Return On Asset
| SFY Etf | 74.95 0.30 0.40% |
SPDR SPASX 50 fundamentals help investors to digest information that contributes to SPDR SPASX'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 SPASX'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 SPASX etf.
SPDR |
SPDR SPASX 50 ETF Return On Asset Analysis
SPDR SPASX's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, SPDR SPASX 50 has a Return On Asset of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Equity Australia Large Blend (which currently averages 0.0) category. This indicator is about the same for all Australia etfs average (which is currently at 0.0).
SPDR Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR SPASX's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR SPASX could also be used in its relative valuation, which is a method of valuing SPDR SPASX by comparing valuation metrics of similar companies.SPDR SPASX is currently under evaluation in return on asset as compared to similar ETFs.
SPDR Fundamentals
| Beta | 0.95 | |||
| One Year Return | 21.00 % | |||
| Three Year Return | 7.50 % | |||
| Five Year Return | 7.60 % | |||
| Ten Year Return | 7.80 % |
About SPDR SPASX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR SPASX 50's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR SPASX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR SPASX 50 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.
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in SPDR Etf
SPDR SPASX 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 SPASX security.