SSgA SPDR (Netherlands) Performance
| SXLY Etf | 65.42 0.31 0.47% |
The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SSgA SPDR's returns are expected to increase less than the market. However, during the bear market, the loss of holding SSgA SPDR is expected to be smaller as well.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in SSgA SPDR ETFs are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, SSgA SPDR unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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SSgA SPDR Relative Risk vs. Return Landscape
If you would invest 5,288 in SSgA SPDR ETFs on September 27, 2024 and sell it today you would earn a total of 1,254 from holding SSgA SPDR ETFs or generate 23.71% return on investment over 90 days. SSgA SPDR ETFs is generating 0.3401% of daily returns and assumes 1.1986% volatility on return distribution over the 90 days horizon. Simply put, 10% of etfs are less volatile than SSgA, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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SSgA SPDR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSgA SPDR's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SSgA SPDR ETFs, and traders can use it to determine the average amount a SSgA SPDR's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2837
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Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average SSgA SPDR is performing at about 22% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SSgA SPDR by adding it to a well-diversified portfolio.