Spdr Barclays Short Etf Price To Earning
SPTS Etf | USD 29.22 0.15 0.52% |
Fundamental analysis of SPDR Barclays allows traders to better anticipate movements in SPDR Barclays' stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. SPDR Barclays Short ETF Price To Earning Analysis
SPDR Barclays' 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.
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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Based on the latest financial disclosure, SPDR Barclays Short has a Price To Earning of 0.0 times. This is 100.0% lower than that of the SPDR State Street Global Advisors family and about the same as Short Government (which currently averages 0.0) category. The price to earning for all United States etfs is 100.0% higher than that of the company.
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SPDR Fundamentals
Number Of Employees | 194 | |||
Beta | 0.25 | |||
Total Asset | 3.38 B | |||
One Year Return | 4.70 % | |||
Three Year Return | 3.20 % | |||
Five Year Return | 1.20 % | |||
Ten Year Return | 1.50 % | |||
Net Asset | 3.38 B | |||
Last Dividend Paid | 0.0048 |
About SPDR Barclays Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPDR Barclays Short's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPDR Barclays using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPDR Barclays Short 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.
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Check out SPDR Barclays Piotroski F Score and SPDR Barclays Altman Z Score analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of SPDR Barclays Short 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 Barclays' value that differs from its market value or its book value, called intrinsic value, which is SPDR Barclays' 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 Barclays' market value can be influenced by many factors that don't directly affect SPDR Barclays' 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 Barclays' value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Barclays is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Barclays' 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.