Ssga Spdr Etfs Etf Performance
| USUTF Etf | USD 47.52 0.00 0.00% |
The entity has a beta of -0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SSgA SPDR are expected to decrease at a much lower rate. During the bear market, SSgA SPDR is likely to outperform the market.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in SSgA SPDR ETFs are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly inconsistent basic indicators, SSgA SPDR reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 34.40 | |
| Fifty Two Week High | 34.40 |
SSgA |
SSgA SPDR Relative Risk vs. Return Landscape
If you would invest 3,655 in SSgA SPDR ETFs on September 1, 2024 and sell it today you would earn a total of 1,097 from holding SSgA SPDR ETFs or generate 30.01% return on investment over 90 days. SSgA SPDR ETFs is currently producing 0.4647% returns and takes up 3.5691% volatility of returns over 90 trading days. Put another way, 31% of traded otc etfs are less volatile than SSgA, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
SSgA SPDR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSgA SPDR's investment risk. Standard deviation is the most common way to measure market volatility of otc etfs, such as SSgA SPDR ETFs, and traders can use it to determine the average amount a SSgA SPDR'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 = 0.1302
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average SSgA SPDR is performing at about 10% 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 SSgA SPDR by adding it to a well-diversified portfolio.
About SSgA SPDR Performance
By analyzing SSgA SPDR's fundamental ratios, stakeholders can gain valuable insights into SSgA SPDR's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SSgA SPDR 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 SSgA SPDR has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| SSgA SPDR ETFs had very high historical volatility over the last 90 days |
Other Information on Investing in SSgA OTC Etf
SSgA SPDR financial ratios help investors to determine whether SSgA OTC 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 SSgA with respect to the benefits of owning SSgA SPDR security.