SPDR MSCI Beta vs. Price To Earning

QEFA Etf  USD 75.42  0.11  0.15%   
Considering the key profitability indicators obtained from SPDR MSCI's historical financial statements, SPDR MSCI EAFE may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess SPDR MSCI's ability to earn profits and add value for shareholders.
For SPDR MSCI profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SPDR MSCI to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SPDR MSCI EAFE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SPDR MSCI's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SPDR MSCI EAFE over time as well as its relative position and ranking within its peers.
  
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The market value of SPDR MSCI EAFE 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 MSCI's value that differs from its market value or its book value, called intrinsic value, which is SPDR MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect SPDR MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR MSCI'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.

SPDR MSCI EAFE Price To Earning vs. Beta Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining SPDR MSCI's current stock value. Our valuation model uses many indicators to compare SPDR MSCI value to that of its competitors to determine the firm's financial worth.
SPDR MSCI EAFE is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in price to earning as compared to similar ETFs reporting about  17.52  of Price To Earning per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SPDR MSCI's earnings, one of the primary drivers of an investment's value.

SPDR Price To Earning vs. Beta

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 MSCI

Beta

 = 

Covariance

Variance

 = 
0.94
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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.

SPDR MSCI

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
16.47 X
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.

SPDR Price To Earning Comparison

SPDR MSCI is currently under evaluation in price to earning as compared to similar ETFs.

Beta Analysis

SPDR MSCI returns are very sensitive to returns on the market. As the market goes up or down, SPDR MSCI is expected to follow.

SPDR MSCI Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in SPDR MSCI, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SPDR MSCI will eventually generate negative long term returns. The profitability progress is the general direction of SPDR MSCI's change in net profit over the period of time. It can combine multiple indicators of SPDR MSCI, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. SPDR MSCI is traded on NYSEARCA Exchange in the United States.

SPDR Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on SPDR MSCI. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SPDR MSCI position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SPDR MSCI's important profitability drivers and their relationship over time.

Use SPDR MSCI in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SPDR MSCI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SPDR MSCI will appreciate offsetting losses from the drop in the long position's value.

SPDR MSCI Pair Trading

SPDR MSCI EAFE Pair Trading Analysis

The ability to find closely correlated positions to SPDR MSCI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPDR MSCI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SPDR MSCI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SPDR MSCI EAFE to buy it.
The correlation of SPDR MSCI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SPDR MSCI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPDR MSCI EAFE moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SPDR MSCI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your SPDR MSCI position

In addition to having SPDR MSCI in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Cannabis Theme
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When determining whether SPDR MSCI EAFE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR MSCI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Msci Eafe Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Msci Eafe Etf:
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You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
To fully project SPDR MSCI's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SPDR MSCI EAFE at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include SPDR MSCI's income statement, its balance sheet, and the statement of cash flows.
Potential SPDR MSCI investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although SPDR MSCI investors may work on each financial statement separately, they are all related. The changes in SPDR MSCI's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SPDR MSCI's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.