Spdr Series Trust Etf Performance
| SPDG Etf | 38.94 0.22 0.56% |
The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR Series' returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Series is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Series Trust are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable fundamental indicators, SPDR Series is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
SPDR |
SPDR Series Relative Risk vs. Return Landscape
If you would invest 3,845 in SPDR Series Trust on November 9, 2024 and sell it today you would earn a total of 49.00 from holding SPDR Series Trust or generate 1.27% return on investment over 90 days. SPDR Series Trust is currently generating 0.0252% in daily expected returns and assumes 0.8745% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than SPDR, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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SPDR Series Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Series' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Series Trust, and traders can use it to determine the average amount a SPDR Series' 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 = 0.0289
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPDG |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average SPDR Series is performing at about 2% 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 Series by adding it to a well-diversified portfolio.
SPDR Series Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Series, and SPDR Series 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.
About SPDR Series Performance
By analyzing SPDR Series' fundamental ratios, stakeholders can gain valuable insights into SPDR Series' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPDR Series 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 Series has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.