SSgA SPDR (Netherlands) Performance

SXLK Etf   120.49  1.10  0.92%   
The entity has a beta of 0.52, which indicates possible diversification benefits within a given portfolio. 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

15 of 100

 
Weak
 
Strong
Good
Compared to the overall equity markets, risk-adjusted returns on investments in SSgA SPDR ETFs are ranked lower than 15 (%) 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
  

SSgA SPDR Relative Risk vs. Return Landscape

If you would invest  10,537  in SSgA SPDR ETFs on September 26, 2024 and sell it today you would earn a total of  1,402  from holding SSgA SPDR ETFs or generate 13.31% return on investment over 90 days. SSgA SPDR ETFs is generating 0.2006% of daily returns and assumes 1.0348% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than SSgA, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon SSgA SPDR is expected to generate 1.28 times more return on investment than the market. However, the company is 1.28 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.06 per unit of risk.

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 = 0.1939

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsSXLK
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.03
  actual daily
9
91% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average SSgA SPDR 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 SSgA SPDR by adding it to a well-diversified portfolio.