SSgA SPDR (France) Performance
| ELOW Etf | EUR 50.08 0.00 0.00% |
The entity has a beta of -0.0592, which indicates not very significant fluctuations relative to the market. 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
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in SSgA SPDR ETFs are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, SSgA SPDR is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Fifty Two Week Low | 34.28 | |
| Fifty Two Week High | 40.04 |
SSgA |
SSgA SPDR Relative Risk vs. Return Landscape
If you would invest 4,894 in SSgA SPDR ETFs on August 28, 2024 and sell it today you would earn a total of 114.00 from holding SSgA SPDR ETFs or generate 2.33% return on investment over 90 days. SSgA SPDR ETFs is generating 0.0365% of daily returns and assumes 0.3251% volatility on return distribution over the 90 days horizon. Simply put, 2% of etfs are less volatile than SSgA, and 99% of all equity instruments are likely to generate higher returns than the company 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 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 = 0.1123
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ELOW |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average SSgA SPDR is performing at about 8% 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.
SSgA SPDR Fundamentals Growth
SSgA Etf prices reflect investors' perceptions of the future prospects and financial health of SSgA SPDR, and SSgA SPDR 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 SSgA Etf performance.
| Total Asset | 165.71 M | |||
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.
The objective of SPDR Euro Stoxx Low Volatility UCITS ETF is to track the performance of Eurozone equity securities which historically have exhibited low volatility characteristics. SPDR EURO is traded on Paris Stock Exchange in France.| The fund retains 98.63% of its assets under management (AUM) in equities |
Other Information on Investing in SSgA Etf
SSgA SPDR financial ratios help investors to determine whether SSgA 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.