SP 500 Fundamentals

XLU
 Etf
  

USD 68.85  1.18  1.69%   

SP 500 Utilities fundamentals help investors to digest information that contributes to SP 500's financial success or failures. It also enables traders to predict the movement of SP 500 Etf. The fundamental analysis module provides a way to measure SP 500'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 SP 500 etf.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

SP 500 Price to Earning Analysis

SP 500'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.
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
More About Price to Earning | All Equity Analysis

Current SP 500 Price to Earning

    
  7.18 X  
Most of SP 500'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, SP 500 Utilities 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.
Compare to competition

SP 500 Price to Earning Component Assessment

Based on the latest financial disclosure, the price to earning indicator of SP 500 Utilities is roughly 7.18 times. This is 5.59% higher than that of the Category family and significantly higher than that of the Utilities category. The price to earning for all United States etfs is 127.94% lower than that of the firm.

SP 500 Utilities Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining SP 500's current stock value. Our valuation model uses many indicators to compare SP 500 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SP 500 competition to find correlations between indicators driving SP 500's intrinsic value. More Info.
SP 500 Utilities is rated first in price to book as compared to similar ETFs. It is rated first in price to earning as compared to similar ETFs reporting about  4.13  of Price to Earning per Price to Book. . Comparative valuation analysis is a catch-all model that can be used if you cannot value SP 500 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SP 500'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 SP 500's earnings, one of the primary drivers of an investment's value.

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Piotroski F Score

Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
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Fund Asset Allocation for SP 500

The fund invests 99.77% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
   Value   
       Instrument Type  

SP 500 Fundamentals

About SP 500 Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SP 500 Utilities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SP 500 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SP 500 Utilities 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.
In seeking to track the performance of the index, the fund employs a replication strategy. SP 500 is traded on NYSEArca Exchange in the United States.

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Our tools can tell you how much better you can do entering a position in SP 500 without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out SP 500 Piotroski F Score and SP 500 Altman Z Score analysis. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for analysis

When running SP 500 Utilities price analysis, check to measure SP 500'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 SP 500 is operating at the current time. Most of SP 500's value examination focuses on studying past and present price action to predict the probability of SP 500's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SP 500's price. Additionally, you may evaluate how the addition of SP 500 to your portfolios can decrease your overall portfolio volatility.
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The market value of SP 500 Utilities is measured differently than its book value, which is the value of SP 500 that is recorded on the company's balance sheet. Investors also form their own opinion of SP 500's value that differs from its market value or its book value, called intrinsic value, which is SP 500'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 SP 500's market value can be influenced by many factors that don't directly affect SP 500'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 SP 500's value and its price as these two are different measures arrived at by different means. Investors typically determine SP 500 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP 500'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.