Spdr Series Trust Etf Performance
| CERY Etf | 25.87 0.05 0.19% |
The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SPDR Series are expected to decrease at a much lower rate. During the bear market, SPDR Series is likely to outperform the market.
Risk-Adjusted Performance
9 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Series Trust are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, SPDR Series showed solid returns over the last few months and may actually be approaching a breakup point. ...more
SPDR |
SPDR Series Relative Risk vs. Return Landscape
If you would invest 0.00 in SPDR Series Trust on September 3, 2024 and sell it today you would earn a total of 2,587 from holding SPDR Series Trust or generate 9.223372036854776E16% return on investment over 90 days. SPDR Series Trust is currently generating 15.9278% in daily expected returns and assumes 125.9836% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than SPDR, and most 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 = 0.1264
| Best Portfolio | Best Equity | CERY | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 125.98 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average SPDR Series is performing at about 9% 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.
About SPDR Series Performance
Evaluating SPDR Series' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. 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. Please also refer to our technical analysis and fundamental analysis pages.
SPDR Series is entity of United States. It is traded as Etf on NYSE ARCA exchange.| SPDR Series Trust is way too risky over 90 days horizon | |
| SPDR Series Trust appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SPDR Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of SPDR Series Trust 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 Series' value that differs from its market value or its book value, called intrinsic value, which is SPDR Series' 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 Series' market value can be influenced by many factors that don't directly affect SPDR Series' 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 Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Series' 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.