SPDR Bloomberg (Netherlands) Performance
| GOVA Etf | EUR 26.13 0.01 0.04% |
The entity has a beta of 0.0136, which indicates not very significant fluctuations relative to the market. 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
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Bloomberg Euro are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, SPDR Bloomberg is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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SPDR Bloomberg Relative Risk vs. Return Landscape
If you would invest 2,553 in SPDR Bloomberg Euro on September 5, 2024 and sell it today you would earn a total of 60.00 from holding SPDR Bloomberg Euro or generate 2.35% return on investment over 90 days. SPDR Bloomberg Euro is generating 0.0362% of daily returns and assumes 0.2932% volatility on return distribution over the 90 days horizon. Simply put, 2% of etfs are less volatile than SPDR, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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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 Euro, 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 = 0.1234
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GOVA |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average SPDR Bloomberg is performing at about 9% 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.
| Total Asset | 1.33 B | |||
About SPDR Bloomberg Performance
Assessing SPDR Bloomberg's fundamental ratios provides investors with valuable insights into SPDR Bloomberg's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SPDR Bloomberg is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The objective of the SPDR Barclays Euro Government Bond UCITS ETF is to track the performance of the Eurozone government bond market. SPDR Euro is traded on Amsterdam Stock Exchange in Netherlands.| The fund retains about 99.91% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in SPDR Etf
SPDR Bloomberg financial ratios help investors to determine whether SPDR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR Bloomberg security.