SPDR Portfolio Etf Financials

SPHY -  USA Etf  

USD 26.61  0.01  0.0376%

Understanding current and past SPDR Portfolio Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of SPDR Portfolio's financial statements are interrelated, with each one affecting the others. For example, an increase in SPDR Portfolio's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of SPDR Portfolio's financials over time to get the whole picture.
Use fundamental data analysis to confirm all available indicators of SPDR Portfolio High to find out if markets are now mispricing the entity. We have analyze and collected data for ten available drivers for SPDR Portfolio High, which can be compared to its competition. Please use SPDR Portfolio three year return to make a decision on whether SPDR Portfolio High is priced fairly. Use SPDR Portfolio to protect your portfolios against small market fluctuations. The etf experiences a normal downward trend and little activity. Check odds of SPDR Portfolio to be traded at $26.34 in 90 days.

SPDR Portfolio Fundamentals 

 
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With this module, you can analyze SPDR Portfolio financials for your investing period. You should be able to track the changes in SPDR Portfolio individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  Chance Of Financial Distress
Less than 1
SPDR Portfolio High has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for SPDR Portfolio etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in SPDR Portfolio's official financial statements usually reflect SPDR Portfolio's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of SPDR Portfolio High. For example, before you start analyzing numbers published by SPDR Portfolio accountants, it's critical to develop an understanding of what SPDR Portfolio's liquidity, profitability, and earnings quality are in the context of the SPDR State Street Global Advisors space in which it operates.
Please note, the presentation of SPDR Portfolio's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SPDR Portfolio's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in SPDR Portfolio's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of SPDR Portfolio High. Please utilize our Beneish M Score to check the likelihood of SPDR Portfolio's management to manipulate its earnings.

SPDR Portfolio Company Summary

SPDR Portfolio competes with High Yield, High Yield, Broad USD, D-X USD, and 0-5 Year. The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of ICE BofA US High Yield Index. SPDR Portfolio is traded on NYSEArca Exchange in the United States.
InstrumentUSA Etf View All
ExchangeNYSEArca Exchange
RegionNorth America
Investment IssuerSSgA
Etf FamilySPDR State Street Global Advisors
Fund CategoryCorporate
Portfolio ConcentrationHigh Yield
BenchmarkDOW
Phone866 787 2257
CurrencyUSD - US Dollar
You should never invest in SPDR Portfolio without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of SPDR Portfolio Etf, because this is throwing your money away. Analyzing the key information contained in SPDR Portfolio's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

SPDR Portfolio Key Financial Ratios

Generally speaking, SPDR Portfolio's financial ratios allow both analysts and investors to convert raw data from SPDR Portfolio's financial statements into concise, actionable information that can be used to evaluate the performance of SPDR Portfolio over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that SPDR Portfolio High reports annually and quarterly.

SPDR Portfolio Financial Ratios 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 High is rated below average in net asset as compared to similar ETFs. It is rated second largest ETF in one year return as compared to similar ETFs . The ratio of Net Asset to One Year Return for SPDR Portfolio High is about  25,488,445 . 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.

SPDR Portfolio High Systematic Risk

SPDR Portfolio's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR Portfolio volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on SPDR Portfolio High correlated with the market. If Beta is less than 0 SPDR Portfolio generally moves in the opposite direction as compared to the market. If SPDR Portfolio Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR Portfolio High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR Portfolio is generally in the same direction as the market. If Beta > 1 SPDR Portfolio moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About SPDR Portfolio Financials

What exactly are SPDR Portfolio Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include SPDR Portfolio's income statement, its balance sheet, and the statement of cash flows. Potential SPDR Portfolio investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as SPDR Portfolio is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of SPDR Portfolio grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

SPDR Portfolio October 26, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of SPDR Portfolio help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR Portfolio High. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR Portfolio High based on widely used predictive technical indicators. In general, we focus on analyzing SPDR Portfolio Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SPDR Portfolio's daily price indicators and compare them against related drivers.
Information Ratio(0.22)
Maximum Drawdown0.823
Value At Risk(0.41)
Potential Upside0.2986
Additionally, take a look at World Market Map. Note that the SPDR Portfolio High information on this page should be used as a complementary analysis to other SPDR Portfolio's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running SPDR Portfolio High price analysis, check to measure SPDR Portfolio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR Portfolio is operating at the current time. Most of SPDR Portfolio's value examination focuses on studying past and present price action to predict the probability of SPDR Portfolio's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPDR Portfolio's price. Additionally, you may evaluate how the addition of SPDR Portfolio to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR Portfolio High is measured differently than its book value, which is the value of SPDR Portfolio 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 SPDR Portfolio value 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.