SPDR Russell Valuation
| ONEO Etf | USD 123.05 0.00 0.00% |
At this time, the etf appears to be fairly valued. SPDR Russell 1000 has a current Real Value of $122.96 per share. The regular price of the etf is $123.05. Our model measures the value of SPDR Russell 1000 from examining the etf fundamentals such as price to earning of 18.14 X, and Three Year Return of 7.30 % as well as evaluating its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that SPDR Russell's price fluctuation is very steady at this time. Calculation of the real value of SPDR Russell 1000 is based on 3 months time horizon. Increasing SPDR Russell's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since SPDR Russell is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Etf. However, SPDR Russell'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 123.05 | Real 122.96 | Hype 123.05 | Naive 125.12 |
The intrinsic value of SPDR Russell'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, news, and other external factors that may influence SPDR Russell's 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 Russell 1000 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 Russell more accurately as focusing exclusively on SPDR Russell's fundamentals will not take into account other important factors: About SPDR Russell Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of SPDR Russell 1000. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of SPDR Russell 1000 based exclusively on its fundamental and basic technical indicators. By analyzing SPDR Russell's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of SPDR Russell's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPDR Russell. We calculate exposure to SPDR Russell's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR Russell's related companies.Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. Russell 1000 is traded on NYSEARCA Exchange in the United States.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SPDR Russell 1000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of SPDR Russell 1000 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is SPDR Russell'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 Russell's market value can be influenced by many factors that don't directly affect SPDR Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Russell'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.