SPDR SP Valuation

SPDR SP 500 ETF -- USA Etf  

USD 275.00  0.80  0.29%

SPDR SP 500 has current Real Value of $288.27 per share. The regular price of the etf is $275.0. At this time the etf appears to be under valued. Macroaxis measures value of SPDR SP 500 from examining the etf fundamentals such as Price to Earning of 18.50times and Market Capitalization of 270.93B as well as evaluating its technical indicators and Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point future time securites prices and their ongoing real values will draw towards each other.

Taking a dive into the ETF space, let us look at the ticker SPY, which is arguably one of the most notable and it tracks the S&P 500 index. SPDR is the company that created this product and is traded heavily on a daily basis. Evaluating an ETF can be unique because each product warrants different filters.

 Time Horizon     30 Days    Login   to change
SPDR SP 500 ETF is rated third largest ETF in price to book as compared to similar ETFs. It is rated fourth largest ETF in three year return as compared to similar ETFs reporting about  4.03  of Three Year Return per Price to Book.
Under Valued
March 18, 2018
Market Value
Downside upside
Real Value
Target Price Odds
 Above  Below  
Upside upside
SPDR SP is not too risky asset. Calculation of real value of SPDR SP 500 is based on 1 month time horizon. Increasing SPDR SP 500 time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Net Asset

SPDR SP Net Asset Analysis
SPDR SP 500 ETF is rated second largest ETF in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Size and Style category is currently estimated at about 880.55 Billion. SPDR SP totals roughly 279.08 Billion in net asset claiming about 32% of equities under Size and Style ETF category.