SPDR SP Valuation

SPDR SP 500 ETF -- USA Etf  

USD 255.9  0.43  0.17%

SPDR SP 500 has current Real Value of $257.59 per share. The regular price of the etf is $255.9. At this time the etf appears to be fairly valued. Macroaxis measures value of SPDR SP 500 from examining the etf fundamentals such as Price to Earning of 18.5times and Total Asset of 241.41B 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.

Filtering the SPY, first you want to see how the liquidity is. This goes for most products, but you want to ensure you can enter and exit your position as you please. Some ETF’s may not be as easy to enter and exit as it is not heavily traded or it follows a small sector. With SPY, you should experience no issues entering and exiting a position.

Investment Horizon     30 Days    Login   to change
SPDR SP 500 ETF is rated below average in price to earning as compared to similar ETFs. It is rated second largest ETF in price to sales as compared to similar ETFs fabricating about  0.1  of Price to Sales per Price to Earning. The ratio of Price to Earning to Price to Sales for SPDR SP 500 ETF is roughly  9.59 
Fairly Valued
October 18, 2017
255.9
Market Value
Downside upside
Downside
230.31
257.59
Real Value
Target Price Odds
 Above  Below  
258.22
Upside
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 third largest ETF in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Large Blend category is currently estimated at about 1.3 Trillion. SPDR SP retains roughly 241.41 Billion in net asset claiming about 19% of ETFs under Large Blend category.