Spdr Bloomberg Convertible Etf Performance
| CWB Etf | USD 81.56 0.28 0.34% |
The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPDR Bloomberg's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Bloomberg is expected to be smaller as well.
Risk-Adjusted Performance
25 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Bloomberg Convertible are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain basic indicators, SPDR Bloomberg may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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| In Threey Sharp Ratio | -0.45 |
SPDR |
SPDR Bloomberg Relative Risk vs. Return Landscape
If you would invest 7,399 in SPDR Bloomberg Convertible on August 30, 2024 and sell it today you would earn a total of 757.00 from holding SPDR Bloomberg Convertible or generate 10.23% return on investment over 90 days. SPDR Bloomberg Convertible is generating 0.1559% of daily returns assuming volatility of 0.4777% on return distribution over 90 days investment horizon. In other words, 4% of etfs are less volatile than SPDR, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
SPDR Bloomberg Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Bloomberg's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Bloomberg Convertible, and traders can use it to determine the average amount a SPDR Bloomberg'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 = 0.3262
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average SPDR Bloomberg is performing at about 25% 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 Bloomberg by adding it to a well-diversified portfolio.
SPDR Bloomberg Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Bloomberg, and SPDR Bloomberg 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 | 8.26 X | |||
| Price To Book | 1.53 X | |||
| Price To Sales | 1.36 X | |||
| Earnings Per Share | 2.47 X | |||
| Total Asset | 4.07 B | |||
About SPDR Bloomberg Performance
By analyzing SPDR Bloomberg's fundamental ratios, stakeholders can gain valuable insights into SPDR Bloomberg's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPDR Bloomberg 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 Bloomberg has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. Convertible Secs is traded on NYSEARCA Exchange in the United States.| Latest headline from thelincolnianonline.com: Canadian Western Bank Reaches New 12-Month High Whats Next | |
| The fund holds most of the assets under management (AUM) in different types of exotic instruments. |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SPDR Bloomberg Convertible. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of SPDR Bloomberg Conve 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is SPDR Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect SPDR Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Bloomberg'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.