Spear Alpha Etf Performance
| SPRX Etf | USD 39.92 0.21 0.52% |
The entity has a beta of 1.94, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Spear Alpha will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Spear Alpha ETF are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Spear Alpha is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Discretionary transaction by Musket David B of 100000 shares of Spear Alpha at 0.78 subject to Rule 16b-3 | 10/17/2025 |
2 | Acquisition by Noorani Siraj N of 2292 shares of Spear Alpha at 0.298 subject to Rule 16b-3 | 11/28/2025 |
Spear Alpha Relative Risk vs. Return Landscape
If you would invest 3,861 in Spear Alpha ETF on September 27, 2025 and sell it today you would earn a total of 131.00 from holding Spear Alpha ETF or generate 3.39% return on investment over 90 days. Spear Alpha ETF is currently generating 0.0961% in daily expected returns and assumes 2.9488% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of etfs are less volatile than Spear, 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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Spear Alpha Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spear Alpha's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Spear Alpha ETF, and traders can use it to determine the average amount a Spear Alpha'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 = 0.0326
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| Cash | Small Risk | SPRX | High Risk | Huge Risk |
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Based on monthly moving average Spear Alpha 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 Spear Alpha by adding it to a well-diversified portfolio.
Spear Alpha Fundamentals Growth
Spear Etf prices reflect investors' perceptions of the future prospects and financial health of Spear Alpha, and Spear Alpha 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 Spear Etf performance.
| Total Asset | 2.91 M | |||
About Spear Alpha Performance
Evaluating Spear Alpha's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Spear Alpha 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 Spear Alpha has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund is an actively-managed exchange-traded fund that will invest primarily in equity securities, including common stock or American depositary receipts of companies that Spear Advisors LLC believes are poised to benefit from breakthrough innovation in industrial technology. Spear Alpha is traded on NASDAQ Exchange in the United States.