SPDR SP Valuation Overview

SPY -- USA Etf  

USD 279.72  0.28  0.10%

SPDR SP 500 has current Real Value of $276.92 per share. The regular price of the etf is $279.72. 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 18.50times and Market Capitalization of 269B 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 securities 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 fourth largest ETF in price to sales as compared to similar ETFs. It is rated below average in five year return as compared to similar ETFs reporting about  6.67  of Five Year Return per Price to Sales.

Current Market Valuation

SPDR SP 500 Valuation Boundaries
Fairly Valued
July 20, 2018
279.72
Market Value
Downside
275.12
276.92
Real Value
Target Odds
  
307.69
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.
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