SPDR Dow Valuation
| DIA Etf | USD 420.42 3.89 0.93% |
At this time, the etf appears to be fairly valued. SPDR Dow Jones has a current Real Value of $419.51 per share. The regular price of the etf is $420.42. Our model measures the value of SPDR Dow Jones from examining the etf fundamentals such as beta of 0.9, and Price To Earning of 3.50 X as well as evaluating its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that SPDR Dow's price fluctuation is very steady at this time. Calculation of the real value of SPDR Dow Jones is based on 3 months time horizon. Increasing SPDR Dow's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since SPDR Dow is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Etf. However, SPDR Dow's 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 420.42 | Real 419.51 | Hype 416.53 | Naive 418.42 |
The real value of SPDR Etf, also known as its intrinsic value, is the underlying worth of SPDR Dow Jones ETF, which is reflected in its stock price. It is based on SPDR Dow's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of SPDR Dow's 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, or news.
Estimating the potential upside or downside of SPDR Dow Jones 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 Dow more accurately as focusing exclusively on SPDR Dow's fundamentals will not take into account other important factors: SPDR Dow Total Value Analysis
SPDR Dow Jones is currently forecasted to have company total value of 28.12 B with market capitalization of 28.12 B, debt of , and cash on hands of . Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the SPDR Dow fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
28.12 B | 28.12 B |
SPDR Dow Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of SPDR suggests not a very effective usage of assets in March.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates SPDR Dow's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in SPDR Dow and how it compares across the competition.
About SPDR Dow Valuation
The etf valuation mechanism determines SPDR Dow's current worth on a weekly basis. Our valuation model uses a comparative analysis of SPDR Dow. We calculate exposure to SPDR Dow's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR Dow's related companies.The Trusts Portfolio consists of substantially all of the component common stocks that comprise the DJIA, which are weighted in accordance with the terms of the Trust Agreement. Dow Industrials is traded on NYSEARCA Exchange in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR Dow Jones. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of SPDR Dow Jones 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 Dow's value that differs from its market value or its book value, called intrinsic value, which is SPDR Dow'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 Dow's market value can be influenced by many factors that don't directly affect SPDR Dow'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 Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Dow'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.