Spdr Galaxy Hedged Etf Performance
| HECO Etf | USD 37.35 1.84 5.18% |
The entity has a beta of 1.53, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SPDR Galaxy will likely underperform.
Risk-Adjusted Performance
20 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Galaxy Hedged are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of very weak fundamental indicators, SPDR Galaxy displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 32.26 | |
| Fifty Two Week High | 43.76 |
SPDR |
SPDR Galaxy Relative Risk vs. Return Landscape
If you would invest 2,525 in SPDR Galaxy Hedged on August 30, 2024 and sell it today you would earn a total of 1,210 from holding SPDR Galaxy Hedged or generate 47.92% return on investment over 90 days. SPDR Galaxy Hedged is currently generating 0.7284% in daily expected returns and assumes 2.8586% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of etfs are less volatile than SPDR, and 86% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SPDR Galaxy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Galaxy's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Galaxy Hedged, and traders can use it to determine the average amount a SPDR Galaxy'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 = 0.2548
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Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 20 80% of assets perform better |
Based on monthly moving average SPDR Galaxy is performing at about 20% 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 SPDR Galaxy by adding it to a well-diversified portfolio.
SPDR Galaxy Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Galaxy, and SPDR Galaxy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SPDR Etf performance.
| Price To Earning | 16.27 X | |||
| Price To Book | 2.84 X | |||
| Price To Sales | 1.67 X | |||
| Total Asset | 9.12 M | |||
About SPDR Galaxy Performance
By examining SPDR Galaxy's fundamental ratios, stakeholders can obtain critical insights into SPDR Galaxy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that SPDR Galaxy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund is an actively managed exchange-traded fund and, under normal conditions, will invest at least 80 percent of its net assets , directly or indirectly through mutual funds and ETFs, in the equity and fixed income securities of ecologically-focused companies andor green bonds. Strategy Shs is traded on PCX Exchange in the United States.| The fund retains 95.28% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Galaxy Hedged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of SPDR Galaxy Hedged 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 Galaxy's value that differs from its market value or its book value, called intrinsic value, which is SPDR Galaxy'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 Galaxy's market value can be influenced by many factors that don't directly affect SPDR Galaxy'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 Galaxy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Galaxy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Galaxy'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.