Spdr Morgan Stanley Etf Performance
| XNTK Etf | USD 205.58 1.74 0.85% |
The entity has a beta of 1.11, which indicates a somewhat significant risk relative to the market. SPDR Morgan returns are very sensitive to returns on the market. As the market goes up or down, SPDR Morgan is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Morgan Stanley are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, SPDR Morgan disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Is SPDR NYSE Technology ETF a Strong ETF Right Now - Yahoo Finance | 09/18/2024 |
2 | SPDR NYSE Technology ETF Sets New 52-Week High Still a Buy | 11/07/2024 |
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SPDR Morgan Relative Risk vs. Return Landscape
If you would invest 18,095 in SPDR Morgan Stanley on September 2, 2024 and sell it today you would earn a total of 2,463 from holding SPDR Morgan Stanley or generate 13.61% return on investment over 90 days. SPDR Morgan Stanley is currently generating 0.2065% in daily expected returns and assumes 1.1869% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than SPDR, and 96% 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 Morgan Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Morgan's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Morgan Stanley, and traders can use it to determine the average amount a SPDR Morgan'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 = 0.174
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Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average SPDR Morgan is performing at about 13% 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 Morgan by adding it to a well-diversified portfolio.
SPDR Morgan Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Morgan, and SPDR Morgan 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 | 1.93 X | |||
| Total Asset | 347.94 M | |||
About SPDR Morgan Performance
By examining SPDR Morgan's fundamental ratios, stakeholders can obtain critical insights into SPDR Morgan's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that SPDR Morgan is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR NYSE is traded on NYSEARCA Exchange in the United States.| Latest headline from thelincolnianonline.com: SPDR NYSE Technology ETF Sets New 52-Week High Still a Buy | |
| The fund keeps 99.86% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR Morgan Stanley. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of SPDR Morgan Stanley 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 Morgan's value that differs from its market value or its book value, called intrinsic value, which is SPDR Morgan'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 Morgan's market value can be influenced by many factors that don't directly affect SPDR Morgan'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 Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Morgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Morgan'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.