SPDR Portfolio Financial Statements From 2010 to 2024
| SPTM Etf | USD 61.94 0.74 1.21% |
Check SPDR Portfolio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPDR main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . SPDR financial statements analysis is a perfect complement when working with SPDR Portfolio Valuation or Volatility modules.
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SPDR Portfolio SP ETF Price To Earning Analysis
SPDR Portfolio's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current SPDR Portfolio Price To Earning | 4.05 X |
Most of SPDR Portfolio's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SPDR Portfolio SP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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SPDR Portfolio Price To Earning Component Assessment
Based on the latest financial disclosure, SPDR Portfolio SP has a Price To Earning of 4.05 times. This is 40.44% lower than that of the Category family and 79.08% lower than that of the Large Blend category. The price to earning for all United States etfs is 28.57% lower than that of the firm.
SPDR Portfolio SP Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPDR Portfolio's current stock value. Our valuation model uses many indicators to compare SPDR Portfolio value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPDR Portfolio competition to find correlations between indicators driving SPDR Portfolio's intrinsic value. More Info.SPDR Portfolio SP is presently regarded as number one ETF in price to earning as compared to similar ETFs. It is rated second largest ETF in beta as compared to similar ETFs totaling about 0.25 of Beta per Price To Earning. The ratio of Price To Earning to Beta for SPDR Portfolio SP is roughly 4.05 . Comparative valuation analysis is a catch-all model that can be used if you cannot value SPDR Portfolio by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SPDR Portfolio's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SPDR Portfolio's earnings, one of the primary drivers of an investment's value.About SPDR Portfolio Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include SPDR Portfolio income statement, its balance sheet, and the statement of cash flows. SPDR Portfolio investors use historical funamental indicators, such as SPDR Portfolio's revenue or net income, to determine how well the company is positioned to perform in the future. Although SPDR Portfolio investors may use each financial statement separately, they are all related. The changes in SPDR Portfolio's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SPDR Portfolio's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on SPDR Portfolio Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SPDR Portfolio. Please read more on our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR Total is traded on NYSEARCA Exchange in the United States.
Currently Active Assets on Macroaxis
When determining whether SPDR Portfolio SP is a strong investment it is important to analyze SPDR Portfolio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Portfolio's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:Check out the analysis of SPDR Portfolio Correlation against competitors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of SPDR Portfolio SP 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 Portfolio's value that differs from its market value or its book value, called intrinsic value, which is SPDR Portfolio'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 Portfolio's market value can be influenced by many factors that don't directly affect SPDR Portfolio'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 Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Portfolio'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.