Spdr Sp Insurance Etf Return On Equity
| KIE Etf | USD 49.75 0.29 0.59% |
SPDR SP Insurance fundamentals help investors to digest information that contributes to SPDR SP's financial success or failures. It also enables traders to predict the movement of SPDR Etf. The fundamental analysis module provides a way to measure SPDR SP's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SPDR SP etf.
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SPDR SP Insurance ETF Return On Equity Analysis
SPDR SP's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current SPDR SP Return On Equity | -44.23 |
Most of SPDR SP's fundamental indicators, such as Return On Equity, 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 SP Insurance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, SPDR SP Insurance has a Return On Equity of -44.2348. This is much lower than that of the SPDR State Street Global Advisors family and significantly lower than that of the Financial category. The return on equity for all United States etfs is notably higher than that of the company.
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Fund Asset Allocation for SPDR SP
The fund invests 99.7% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides SPDR SP's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
SPDR Fundamentals
| Return On Equity | -44.23 | |||
| Return On Asset | -9.08 | |||
| Shares Outstanding | 104.24 M | |||
| Shares Owned By Institutions | 70.30 % | |||
| Price To Earning | 13.45 X | |||
| Price To Book | 1.16 X | |||
| Price To Sales | 1.17 X | |||
| Revenue | 3.26 B | |||
| EBITDA | (323.86 M) | |||
| Net Income | (247.38 M) | |||
| Cash And Equivalents | 249.02 M | |||
| Cash Per Share | (0.84) X | |||
| Debt To Equity | 0.75 % | |||
| Current Ratio | 1.18 X | |||
| Cash Flow From Operations | (76.39 M) | |||
| Earnings Per Share | (1.87) X | |||
| Number Of Employees | 12 | |||
| Beta | 0.7 | |||
| Total Asset | 422.58 M | |||
| Current Asset | 1.18 B | |||
| Current Liabilities | 1.2 B | |||
| One Year Return | 22.70 % | |||
| Three Year Return | 10.40 % | |||
| Five Year Return | 10.80 % | |||
| Ten Year Return | (0.80) % | |||
| Net Asset | 422.58 M | |||
| Last Dividend Paid | 0.13 | |||
| Equity Positions Weight | 99.70 % |
About SPDR SP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR SP Insurance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR SP Insurance based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SPDR SP in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SPDR SP's short interest history, or implied volatility extrapolated from SPDR SP options trading.
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The market value of SPDR SP Insurance 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.