Spdr Sp 1500 Etf Performance
| MMTM Etf | USD 267.28 2.05 0.77% |
The entity has a beta of 0.99, which indicates possible diversification benefits within a given portfolio. SPDR SP returns are very sensitive to returns on the market. As the market goes up or down, SPDR SP is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SP 1500 are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of very fragile basic indicators, SPDR SP may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Momentum ETF Hits New 52-Week High | 09/27/2024 |
SPDR |
SPDR SP Relative Risk vs. Return Landscape
If you would invest 23,926 in SPDR SP 1500 on September 2, 2024 and sell it today you would earn a total of 2,802 from holding SPDR SP 1500 or generate 11.71% return on investment over 90 days. SPDR SP 1500 is currently generating 0.1769% in daily expected returns and assumes 0.8731% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than SPDR, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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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 1500, 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 = 0.2026
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average SPDR SP is performing at about 15% 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 SP by adding it to a well-diversified portfolio.
SPDR SP Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SP, and SPDR SP 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 | 21.43 X | |||
| Price To Book | 2.99 X | |||
| Price To Sales | 2.02 X | |||
| Earnings Per Share | 0.11 X | |||
| Total Asset | 69.41 M | |||
About SPDR SP Performance
By examining SPDR SP's fundamental ratios, stakeholders can obtain critical insights into SPDR SP'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 SP 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 generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SP 1500 is traded on NYSEARCA Exchange in the United States.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SP 1500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of SPDR SP 1500 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.