Spdr Dow Jones Etf Performance
| DIA Etf | USD 450.09 2.35 0.52% |
The entity has a beta of 0.99, which indicates possible diversification benefits within a given portfolio. SPDR Dow returns are very sensitive to returns on the market. As the market goes up or down, SPDR Dow is expected to follow.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Dow Jones are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unfluctuating forward indicators, SPDR Dow may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | ES 5,805 Waiting | 09/25/2024 |
2 | Stocks Chase Nvidia Higher As Volumes Plunge To July 3 Levels | 10/15/2024 |
3 | TEQUILA DON JULIO ERHEBT DAS KULTURELLE ERBE MEXIKOS MIT BEEINDRUCKENDEN FEIERLICHKEITEN ZUM DIA DE MUERTOS AUF DER GANZEN WELT | 11/01/2024 |
4 | Is Stock Market Open Today A Quick Guide To Markets, Banking Hours And Whats Closed On Veterans Day 2024 | 11/11/2024 |
5 | SPDR Dow Jones Industrial Average ETF Trust Stake Boosted by First Heartland Consultants Inc. | 11/12/2024 |
6 | JPMorgan Stock Is Up 9 percent In November Whats Going On | 11/13/2024 |
7 | Economic Prints Bring Some Heat Retail Sales, Imports and More | 11/15/2024 |
8 | Lowery Thomas LLC Trims Stake in SPDR Dow Jones Industrial Average ETF Trust | 11/19/2024 |
9 | US Business Activity Soars To 31-Month Highs In November Small Caps Rally, Dow Tops 44,000 | 11/22/2024 |
10 | Hannan Receives DIA Approval for Maiden Drill Program at Valiente in Peru | 11/25/2024 |
11 | Pre-Thanksgiving Smorgasbord of Econ Data | 11/27/2024 |
SPDR |
SPDR Dow Relative Risk vs. Return Landscape
If you would invest 40,865 in SPDR Dow Jones on September 2, 2024 and sell it today you would earn a total of 4,144 from holding SPDR Dow Jones or generate 10.14% return on investment over 90 days. SPDR Dow Jones is generating 0.1537% of daily returns assuming volatility of 0.7372% on return distribution over 90 days investment horizon. In other words, 6% 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 Dow Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Dow's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Dow Jones, and traders can use it to determine the average amount a SPDR Dow'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 = 0.2085
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DIA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average SPDR Dow is performing at about 16% 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 Dow by adding it to a well-diversified portfolio.
SPDR Dow Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Dow, and SPDR Dow 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 | 3.50 X | |||
| Price To Book | 3.24 X | |||
| Price To Sales | 1.89 X | |||
| Earnings Per Share | 9.11 X | |||
| Total Asset | 29.21 B | |||
About SPDR Dow Performance
By analyzing SPDR Dow's fundamental ratios, stakeholders can gain valuable insights into SPDR Dow's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPDR Dow 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 Dow has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The Trusts Portfolio consists of substantially all of the component common stocks that comprise the DJIA, which are weighted in accordance with the terms of the Trust Agreement. Dow Industrials is traded on NYSEARCA Exchange in the United States.| Latest headline from zacks.com: Pre-Thanksgiving Smorgasbord of Econ Data | |
| The fund retains 99.95% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR Dow Jones. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of SPDR Dow Jones 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 Dow's value that differs from its market value or its book value, called intrinsic value, which is SPDR Dow'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 Dow's market value can be influenced by many factors that don't directly affect SPDR Dow'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 Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Dow'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.