SPDR Dow (Australia) Performance
| DJRE Etf | 22.36 0.14 0.63% |
The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPDR Dow's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Dow is expected to be smaller as well.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Dow Jones are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, SPDR Dow is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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SPDR Dow Relative Risk vs. Return Landscape
If you would invest 2,136 in SPDR Dow Jones on August 29, 2024 and sell it today you would earn a total of 100.00 from holding SPDR Dow Jones or generate 4.68% return on investment over 90 days. SPDR Dow Jones is generating 0.0747% of daily returns and assumes 0.93% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than SPDR, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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SPDR Dow Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Dow's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Dow Jones, and traders can use it to determine the average amount a SPDR Dow'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 = 0.0803
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average SPDR Dow is performing at about 6% 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 Dow by adding it to a well-diversified portfolio.
SPDR Dow Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Dow, and SPDR Dow 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.
About SPDR Dow Performance
Assessing SPDR Dow's fundamental ratios provides investors with valuable insights into SPDR Dow's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SPDR Dow is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
SPDR Dow is entity of Australia. It is traded as Etf on AU exchange.| SPDR Dow Jones generated five year return of 0.0% |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR Dow Jones. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.