Spyb Etf Fundamentals
SPYB fundamentals help investors to digest information that contributes to SPYB's financial success or failures. It also enables traders to predict the movement of SPYB Etf. The fundamental analysis module provides a way to measure SPYB'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 SPYB etf.
SPYB |
SPYB ETF Price To Earning Analysis
SPYB'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 SPYB Price To Earning | 16.32 X |
Most of SPYB'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, SPYB 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.
CompetitionBased on the latest financial disclosure, SPYB has a Price To Earning of 16.32 times. This is much higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the Large Value category. The price to earning for all United States etfs is notably lower than that of the firm.
SPYB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SPYB's current stock value. Our valuation model uses many indicators to compare SPYB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SPYB competition to find correlations between indicators driving SPYB's intrinsic value. More Info.SPYB is presently regarded as number one ETF in price to earning as compared to similar ETFs. It is presently regarded as number one ETF in price to book as compared to similar ETFs fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for SPYB is roughly 6.30 . Comparative valuation analysis is a catch-all model that can be used if you cannot value SPYB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SPYB'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 SPYB's earnings, one of the primary drivers of an investment's value.SPYB Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPYB's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SPYB could also be used in its relative valuation, which is a method of valuing SPYB by comparing valuation metrics of similar companies.SPYB is currently under evaluation in price to earning as compared to similar ETFs.
Fund Asset Allocation for SPYB
The fund invests 99.64% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides SPYB'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.
SPYB Fundamentals
| Price To Earning | 16.32 X | |||
| Price To Book | 2.59 X | |||
| Price To Sales | 1.17 X | |||
| Number Of Employees | 349 | |||
| Total Asset | 16.2 M | |||
| One Year Return | (2.17) % | |||
| Three Year Return | 4.54 % | |||
| Five Year Return | 5.08 % | |||
| Net Asset | 16.2 M | |||
| Last Dividend Paid | 0.3 | |||
| Equity Positions Weight | 99.64 % |
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Tools for SPYB Etf
When running SPYB's price analysis, check to measure SPYB'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 SPYB is operating at the current time. Most of SPYB's value examination focuses on studying past and present price action to predict the probability of SPYB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPYB's price. Additionally, you may evaluate how the addition of SPYB to your portfolios can decrease your overall portfolio volatility.
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