Spdr Sp Telecom Etf Performance
| XTL Etf | USD 109.53 0.39 0.35% |
The entity has a beta of 1.09, which indicates a somewhat significant risk relative to the market. SPDR SP returns are very sensitive to returns on the market. As the market goes up or down, SPDR SP is expected to follow.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SP Telecom are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite quite uncertain basic indicators, SPDR SP disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Verizon To Acquire Frontier In 20B Deal, Reaffirms FY24 Outlook | 09/05/2024 |
2 | Ciena Downgraded Analyst Cites Telco Spending Slump And Margins Squeeze | 10/07/2024 |
| In Threey Sharp Ratio | 0.07 |
SPDR |
SPDR SP Relative Risk vs. Return Landscape
If you would invest 9,362 in SPDR SP Telecom on August 30, 2024 and sell it today you would earn a total of 1,591 from holding SPDR SP Telecom or generate 16.99% return on investment over 90 days. SPDR SP Telecom is generating 0.2515% of daily returns assuming volatility of 1.1044% on return distribution over 90 days investment horizon. In other words, 9% of etfs are less volatile than SPDR, and above 95% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
SPDR SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SP Telecom, and traders can use it to determine the average amount a SPDR SP'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 = 0.2277
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average SPDR SP is performing at about 17% 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 SP by adding it to a well-diversified portfolio.
SPDR SP Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SP, and SPDR SP 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 | 26.85 X | |||
| Price To Book | 2.08 X | |||
| Price To Sales | 1.29 X | |||
| Total Asset | 55.72 M | |||
About SPDR SP Performance
By examining SPDR SP's fundamental ratios, stakeholders can obtain critical insights into SPDR SP'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 SP 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.
In seeking to track the performance of the SP Telecom Select Industry Index , the fund employs a sampling strategy. SP 500 is traded on NYSEARCA Exchange in the United States.| The fund keeps 99.83% 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 SP Telecom. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of SPDR SP Telecom 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.