SPDR SP Valuation
| XOP Etf | USD 148.67 1.76 1.20% |
At this time, the etf appears to be fairly valued. SPDR SP Oil has a current Real Value of $145.81 per share. The regular price of the etf is $148.67. Our model measures the value of SPDR SP Oil from examining the etf fundamentals such as return on equity of 59.72, and Shares Owned By Insiders of 0.77 % as well as evaluating its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that SPDR SP's price fluctuation is very steady at this time. Calculation of the real value of SPDR SP Oil is based on 3 months time horizon. Increasing SPDR SP's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
SPDR SP's intrinsic value may or may not be the same as its current market price of 148.67, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 148.67 | Real 145.81 | Hype 148.42 | Naive 148.14 |
The intrinsic value of SPDR SP's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence SPDR SP's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of SPDR SP Oil helps investors to forecast how SPDR 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 SP more accurately as focusing exclusively on SPDR SP's fundamentals will not take into account other important factors: SPDR SP Total Value Analysis
SPDR SP Oil is at this time estimated to have company total value of 4.58 B with market capitalization of 10.9 B, debt of 84.8 M, and cash on hands of 12.27 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the SPDR SP fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
4.58 B | 10.9 B | 84.8 M | 12.27 M |
SPDR SP Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. SPDR SP has an asset utilization ratio of 1.73 percent. This connotes that the ETF is making $0.0173 for each dollar of assets. An increasing asset utilization means that SPDR SP Oil is more efficient with each dollar of assets it utilizes for everyday operations.SPDR SP Ownership Allocation
SPDR SP maintains a total of 70.5 Million outstanding shares. The majority of SPDR SP Oil outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in SPDR SP to benefit from reduced commissions. Therefore, institutions are subject to a different set of regulations than regular investors in SPDR SP Oil. Please pay attention to any change in the institutional holdings of SPDR SP Oil as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.SPDR SP Profitability Analysis
The company reported the last year's revenue of 67.34 M. Total Income to common stockholders was 1.85 B with profit before taxes, overhead, and interest of 67.34 M.About SPDR SP Valuation
The etf valuation mechanism determines SPDR SP's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of SPDR SP Oil based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPDR SP. We calculate exposure to SPDR SP's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR SP's related companies. When determining whether SPDR SP Oil is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SPDR Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spdr Sp Oil Etf. Highlighted below are key reports to facilitate an investment decision about Spdr Sp Oil Etf:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Oil. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of SPDR SP Oil 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.