Spdr Series Trust Etf Performance
| SPDG Etf | 38.95 0.17 0.44% |
The entity has a beta of 0.91, which indicates possible diversification benefits within a given portfolio. SPDR Series returns are very sensitive to returns on the market. As the market goes up or down, SPDR Series is expected to follow.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Series Trust are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, SPDR Series may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | How To Trade - Stock Traders Daily | 11/18/2024 |
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SPDR Series Relative Risk vs. Return Landscape
If you would invest 3,615 in SPDR Series Trust on September 2, 2024 and sell it today you would earn a total of 280.00 from holding SPDR Series Trust or generate 7.75% return on investment over 90 days. SPDR Series Trust is currently generating 0.1194% in daily expected returns and assumes 0.7529% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than SPDR, and 98% 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 Series Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Series' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Series Trust, and traders can use it to determine the average amount a SPDR Series' 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 = 0.1586
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average SPDR Series is performing at about 12% 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 Series by adding it to a well-diversified portfolio.
SPDR Series Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Series, and SPDR Series 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.
About SPDR Series Performance
By analyzing SPDR Series' fundamental ratios, stakeholders can gain valuable insights into SPDR Series' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPDR Series has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SPDR Series has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SPDR Series is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from news.google.com: How To Trade - Stock Traders Daily |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of SPDR Series Trust 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 Series' value that differs from its market value or its book value, called intrinsic value, which is SPDR Series' 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 Series' market value can be influenced by many factors that don't directly affect SPDR Series' 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 Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Series' 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.