SPDR Bloomberg Valuation
| JNK Etf | USD 95.76 0.10 0.10% |
At this time, the etf appears to be fairly valued. SPDR Bloomberg High has a current Real Value of $94.71 per share. The regular price of the etf is $95.76. Our model measures the value of SPDR Bloomberg High from examining the etf fundamentals such as price to earning of 5.39 X, and One Year Return of 7.40 % as well as evaluating its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that SPDR Bloomberg's price fluctuation is very steady at this time. Calculation of the real value of SPDR Bloomberg High is based on 3 months time horizon. Increasing SPDR Bloomberg's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
SPDR Bloomberg's intrinsic value may or may not be the same as its current market price of 95.76, 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 95.76 | Real 94.71 | Hype 95.76 | Naive 95.87 |
The intrinsic value of SPDR Bloomberg's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence SPDR Bloomberg's stock price.
Estimating the potential upside or downside of SPDR Bloomberg High 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 Bloomberg more accurately as focusing exclusively on SPDR Bloomberg's fundamentals will not take into account other important factors: SPDR Bloomberg Total Value Analysis
SPDR Bloomberg High is currently estimated to have company total value of 8.29 B with market capitalization of 8.29 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 Bloomberg fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
8.29 B | 8.29 B |
SPDR Bloomberg Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The latest return on assets of SPDR suggests not a very effective usage of assets in March.About SPDR Bloomberg Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of SPDR Bloomberg High. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of SPDR Bloomberg High based exclusively on its fundamental and basic technical indicators. By analyzing SPDR Bloomberg's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of SPDR Bloomberg's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPDR Bloomberg. We calculate exposure to SPDR Bloomberg's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR Bloomberg's related companies.The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. High Yield is traded on NYSEARCA Exchange in the United States.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Bloomberg High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of SPDR Bloomberg High 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is SPDR Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect SPDR Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Bloomberg'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.