Spdr Russell Small Etf Fundamentals
| SPMD Etf | USD 58.17 0.35 0.61% |
SPDR Russell Small fundamentals help investors to digest information that contributes to SPDR Russell'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 Russell'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 Russell etf.
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SPDR Russell Small ETF Price To Earning Analysis
SPDR Russell's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current SPDR Russell Price To Earning | 0.31 X |
Most of SPDR Russell's fundamental indicators, such as Price To Earning, 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, SPDR Russell Small is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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SPDR Russell Price To Earning Component Assessment
Based on the latest financial disclosure, SPDR Russell Small has a Price To Earning of 0.31 times. This is 95.44% lower than that of the Category family and 72.22% higher than that of the Mid-Cap Blend category. The price to earning for all United States etfs is 90.16% higher than that of the company.
SPDR Russell Small Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Russell's current stock value. Our valuation model uses many indicators to compare SPDR Russell value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Russell competition to find correlations between indicators driving SPDR Russell's intrinsic value. More Info.SPDR Russell Small is presently regarded as number one ETF in price to earning as compared to similar ETFs. It also is presently regarded as number one ETF in price to book as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value SPDR Russell 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.SPDR Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPDR Russell's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPDR Russell could also be used in its relative valuation, which is a method of valuing SPDR Russell by comparing valuation metrics of similar companies.SPDR Russell is currently under evaluation in price to earning as compared to similar ETFs.
Fund Asset Allocation for SPDR Russell
The fund invests 99.94% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides SPDR Russell'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.
SPDR Fundamentals
| Return On Equity | -0.49 | |||
| Return On Asset | 0.0015 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 0.48 % | |||
| Current Valuation | 1.43 B | |||
| Shares Outstanding | 15.3 M | |||
| Shares Owned By Insiders | 9.31 % | |||
| Shares Owned By Institutions | 64.00 % | |||
| Number Of Shares Shorted | 1.9 M | |||
| Price To Earning | 0.31 X | |||
| Price To Book | (0.12) X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 1.35 B | |||
| Gross Profit | 1.03 B | |||
| EBITDA | 647 M | |||
| Net Income | 223 M | |||
| Cash And Equivalents | 105 M | |||
| Cash Per Share | 6.71 X | |||
| Total Debt | 1.44 B | |||
| Debt To Equity | (4.06) % | |||
| Current Ratio | 2.04 X | |||
| Book Value Per Share | (35.45) X | |||
| Cash Flow From Operations | 288 M | |||
| Short Ratio | 20.90 X | |||
| Earnings Per Share | 12.77 X | |||
| Number Of Employees | 3.2 K | |||
| Beta | 1.07 | |||
| Market Capitalization | 53.58 M | |||
| Total Asset | 4.68 B | |||
| Retained Earnings | (875.29 M) | |||
| Working Capital | 202 M | |||
| Current Asset | 397 M | |||
| Current Liabilities | 195 M | |||
| One Year Return | 27.80 % | |||
| Three Year Return | 7.70 % | |||
| Five Year Return | 12.10 % | |||
| Ten Year Return | 10.00 % | |||
| Net Asset | 4.68 B | |||
| Last Dividend Paid | 0.17 | |||
| Equity Positions Weight | 99.94 % |
About SPDR Russell Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Russell Small's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Russell using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Russell Small 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.Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR Mid is traded on NYSEARCA Exchange in the United States.
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.When determining whether SPDR Russell Small is a strong investment it is important to analyze SPDR Russell's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Russell's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:Check out SPDR Russell Piotroski F Score and SPDR Russell Altman Z Score analysis. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of SPDR Russell Small 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is SPDR Russell'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 Russell's market value can be influenced by many factors that don't directly affect SPDR Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Russell'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.