SPDR Portfolio Etf Valuation

SPHY -  USA Etf  

USD 26.59  0.03  0.11%

Do you wonder what the value of SPDR Portfolio High is? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as SPDR Portfolio, is its stock price multiplied by the total number of shares outstanding, calculating SPDR Portfolio's enterprise value requires a different approach. It uses SPDR Portfolio's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
SPDR Portfolio High has a current Real Value of $26.62 per share. The regular price of the etf is $26.59. At this time, the etf appears to be fairly valued. Our model measures the value of SPDR Portfolio High from examining the etf fundamentals such as number of employees of 616, and Equity Positions Weight of 0.13 % as well as evaluating its technical indicators and Probability Of Bankruptcy. In general, we recommend acquiring undervalued stocks and dropping overvalued stocks since, at some point future time, asset prices and their ongoing real values will draw towards each other.

SPDR Portfolio Valuation 

 
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SPDR Portfolio Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as SPDR Portfolio's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Fairly Valued
Today
26.59
24th of October 2021
Share
Please note that SPDR Portfolio's price fluctuation is very steady at this time. Calculation of the real value of SPDR Portfolio High is based on 3 months time horizon. Increasing SPDR Portfolio's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for SPDR Portfolio High is useful when determining the fair value of the SPDR Portfolio etf, which is usually determined by what a typical buyer is willing to pay for full or partial control of SPDR Portfolio. Since SPDR Portfolio is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Portfolio Etf. However, SPDR Portfolio's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
26.62
Real Value
26.83
Upside
Estimating the potential upside or downside of SPDR Portfolio High helps investors to forecast how SPDR Portfolio etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of SPDR Portfolio more accurately as focusing exclusively on SPDR Portfolio's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.4526.6726.89
Details
Hype
Prediction
LowEstimated ValueHigh
26.3826.5926.80
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.870.870.88
Details

SPDR Portfolio Valuation Ratios as Compared to Competition

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 third largest ETF in three year return as compared to similar ETFs. It is rated below average in last dividend paid as compared to similar ETFs creating about  0.02  of Last Dividend Paid per Three Year Return. The ratio of Three Year Return to Last Dividend Paid for SPDR Portfolio High is roughly  61.17 . 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 Valuation

The equity valuation mechanism determines the current worth of SPDR Portfolio High on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of SPDR Portfolio High. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of SPDR Portfolio High based exclusively on its fundamental and basic technical indicators. By analyzing SPDR Portfolio's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of SPDR Portfolio's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPDR Portfolio. We calculate exposure to SPDR Portfolio's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to SPDR Portfolio's related companies.
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.
SPDR Portfolio's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether SPDR Portfolio's value is low or high relative to the company's performance and growth projections. Determining the market value of SPDR Portfolio can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of SPDR Portfolio represents a small ownership stake in the entity. As a stockholder of SPDR Portfolio, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

SPDR Portfolio Dividends Analysis For Valuation

There are various types of dividends SPDR Portfolio can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of SPDR Portfolio shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from SPDR Portfolio High directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When SPDR Portfolio pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of SPDR Portfolio by the value of the dividends paid out.
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 Transaction History module to view history of all your transactions and understand their impact on performance.

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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.