For the SPDR S&P 500 ETF Trust ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $327.03 per unit.
The financial media loves to get predictions from experts about where they think the S&P 500 index is headed. Some experts look at technical analysis patterns, others look at valuation metrics, others apply a broad macro view of the economy. In this article, we present another forecasting approach that investors may find interesting. The S&P 500 is really a collection of five hundred individual stocks, each with specified weighting applied towards the total.
But we can take it a step further, comparing the current stock price against that average analyst target, to calculate how much upside exists if the average target price is reached, and we can do that same exercise for each and every component. Here at, we have done this exercise for all of the individual components of the SPDR S&P 500 ETF Trust ETF, and then weighted the results together to determine the implied average analyst target for the ETF itself.
With SPY trading at a recent price near $297.61 per unit, that means that analysts see 9.89% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of SPY's underlying holdings with notable upside to their analyst target prices are Avery Dennison, Sealed Air and American Express. Although AVY has traded at a recent price of $112.26/share, the average analyst target is 10.75% higher at $124.33/share. Similarly, SEE has 10.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Look Under The Hood: The iShares Core S&P 500 ETF Has 10% UpsideFor the iShares Core S&P 500 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $328.10 per unit.
続きを読む »
The Math Shows The iShares Expanded Tech Sector ETF Can Go To $247For the iShares Expanded Tech Sector ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $247.23 per unit.
続きを読む »
Sum Up The Pieces: The iShares U.S. Technology ETF Could Be Worth $225For the iShares U.S. Technology ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $225.08 per unit.
続きを読む »
The Implied Analyst 12-Month Target For The iShares Russell 1000 Growth ETFFor the iShares Russell 1000 Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $177.55 per unit.
続きを読む »
Look Under The Hood: The iShares Core S&P 500 ETF Has 10% UpsideFor the iShares Core S&P 500 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $328.10 per unit.
続きを読む »
Sum Up The Pieces: The iShares U.S. Technology ETF Could Be Worth $225For the iShares U.S. Technology ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $225.08 per unit.
続きを読む »