SPDR SPASX Valuation
| OZR Etf | 12.23 0.02 0.16% |
At this time, the etf appears to be overvalued. SPDR SPASX 200 has a current Real Value of USD11.37 per share. The regular price of the etf is USD12.23. Our model measures the value of SPDR SPASX 200 from examining the etf fundamentals such as beta of 0.84 as well as evaluating its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that SPDR SPASX's price fluctuation is very steady at this time. Calculation of the real value of SPDR SPASX 200 is based on 3 months time horizon. Increasing SPDR SPASX's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
SPDR SPASX's intrinsic value may or may not be the same as its current market price of 12.23, 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 12.23 | Real 11.37 | Hype 12.23 | Naive 12.24 |
The intrinsic value of SPDR SPASX'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 SPASX'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 SPASX 200 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 SPASX more accurately as focusing exclusively on SPDR SPASX's fundamentals will not take into account other important factors: About SPDR SPASX Valuation
The etf valuation mechanism determines SPDR SPASX's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of SPDR SPASX 200 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 SPASX. We calculate exposure to SPDR SPASX's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR SPASX's related companies.Other Information on Investing in SPDR Etf
SPDR SPASX financial ratios help investors to determine whether SPDR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR SPASX security.