Spdr Factset Innovative Etf Alpha and Beta Analysis
| XITK Etf | USD 180.31 1.28 0.70% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SPDR FactSet Innovative. It also helps investors analyze the systematic and unsystematic risks associated with investing in SPDR FactSet over a specified time horizon. Remember, high SPDR FactSet's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to SPDR FactSet's market risk premium analysis include:
Beta 1.27 | Alpha 0.14 | Risk 1.38 | Sharpe Ratio 0.21 | Expected Return 0.3 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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SPDR FactSet Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SPDR FactSet market risk premium is the additional return an investor will receive from holding SPDR FactSet long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR FactSet. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate SPDR FactSet's performance over market.| α | 0.14 | β | 1.27 |
SPDR FactSet expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of SPDR FactSet's Buy-and-hold return. Our buy-and-hold chart shows how SPDR FactSet performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SPDR FactSet Market Price Analysis
Market price analysis indicators help investors to evaluate how SPDR FactSet etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPDR FactSet shares will generate the highest return on investment. By understating and applying SPDR FactSet etf market price indicators, traders can identify SPDR FactSet position entry and exit signals to maximize returns.
SPDR FactSet Return and Market Media
The median price of SPDR FactSet for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 156.88 with a coefficient of variation of 6.75. The daily time series for the period is distributed with a sample standard deviation of 10.73, arithmetic mean of 158.92, and mean deviation of 8.3. The Etf did not receive any noticable media coverage during the period. Price Growth (%) |
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About SPDR FactSet Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including SPDR or other etfs. Alpha measures the amount that position in SPDR FactSet Innovative has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SPDR FactSet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SPDR FactSet's short interest history, or implied volatility extrapolated from SPDR FactSet options trading.
Build Portfolio with SPDR FactSet
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out SPDR FactSet Backtesting, Portfolio Optimization, SPDR FactSet Correlation, SPDR FactSet Hype Analysis, SPDR FactSet Volatility, SPDR FactSet History and analyze SPDR FactSet Performance. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
SPDR FactSet technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.