JPMorgan Hedged Equity Laddered Overlay ETF Shares Purchased by Lowe Wealth Advisors LLC - Defense World
| GWX Etf | USD 32.18 0.35 1.08% |
Slightly above 62% of SPDR SP's investor base is looking to short. The current sentiment regarding investing in SPDR SP International etf implies that many traders are alarmed. SPDR SP's investing sentiment can be driven by a variety of factors including economic data, SPDR SP's earnings reports, geopolitical events, and overall market trends.
SPDR |
JPMorgan Hedged Equity Laddered Overlay ETF Shares Purchased by Lowe Wealth Advisors LLC Defense World
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SPDR SP Fundamental Analysis
We analyze SPDR SP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR SP 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.
Beta
Beta Comparative Analysis
SPDR SP is currently under evaluation in beta as compared to similar ETFs. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
SPDR SP International Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SPDR SP etf to make a market-neutral strategy. Peer analysis of SPDR SP could also be used in its relative valuation, which is a method of valuing SPDR SP by comparing valuation metrics with similar companies.
Peers
SPDR SP Related Equities
| MBCC | Northern Lights | 0.53 | ||||
| MCHS | Matthews China | 0.36 | ||||
| DJAN | First Trust | 0.13 | ||||
| DINT | Davis Select | 0.08 | ||||
| DHDG | FT Vest | 0.29 | ||||
| MCDS | JPMorgan Fundamental | 0.37 | ||||
| MDLV | EA Series | 0.93 | ||||
| DISV | Dimensional ETF | 0.94 | ||||
| DIHP | Dimensional International | 1.06 |
Check out SPDR SP Hype Analysis, SPDR SP Correlation and SPDR SP Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of SPDR SP International 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.