SPDR SP (Netherlands) Performance
| EEDV Etf | 21.23 0.09 0.42% |
The entity has a beta of -0.0053, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SPDR SP are expected to decrease at a much lower rate. During the bear market, SPDR SP is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days SPDR SP Euro has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, SPDR SP is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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SPDR SP Relative Risk vs. Return Landscape
If you would invest 2,133 in SPDR SP Euro on September 16, 2024 and sell it today you would lose (10.00) from holding SPDR SP Euro or give up 0.47% of portfolio value over 90 days. SPDR SP Euro is generating negative expected returns and assumes 0.6373% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than SPDR, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SPDR SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SP Euro, and traders can use it to determine the average amount a SPDR SP'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 = -0.008
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| Negative Returns | EEDV |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR SP is not performing at its full potential. However, 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 SPDR SP by adding SPDR SP to a well-diversified portfolio.
| SPDR SP Euro generated a negative expected return over the last 90 days |