SPDR Series Valuation
| BILS Etf | USD 99.40 0.03 0.03% |
At this time, the etf appears to be undervalued. SPDR Series Trust has a current Real Value of $108.14 per share. The regular price of the etf is $99.4. Our model measures the value of SPDR Series Trust from examining the etf fundamentals such as beta of 0.02, and Net Asset of 139.42 M as well as evaluating its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that SPDR Series' price fluctuation is very steady at this time. Calculation of the real value of SPDR Series Trust is based on 3 months time horizon. Increasing SPDR Series' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the SPDR etf is determined by what a typical buyer is willing to pay for full or partial control of SPDR Series Trust. Since SPDR Series is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Etf. However, SPDR Series' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 99.4 | Real 108.14 | Hype 99.35 | Naive 99.36 |
The intrinsic value of SPDR Series' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence SPDR Series' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of SPDR Series Trust helps investors to forecast how SPDR etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SPDR Series more accurately as focusing exclusively on SPDR Series' fundamentals will not take into account other important factors: About SPDR Series Valuation
The etf valuation mechanism determines SPDR Series' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of SPDR Series Trust based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPDR Series. We calculate exposure to SPDR Series's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR Series's related companies.In seeking to track the performance of the index, the fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. SPDR Barclays is traded on NYSEARCA Exchange in the United States.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SPDR Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of SPDR Series Trust 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 Series' value that differs from its market value or its book value, called intrinsic value, which is SPDR Series' 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 Series' market value can be influenced by many factors that don't directly affect SPDR Series' 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 Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Series' 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.