Spdr Ice Preferred Etf Performance
| PSK Etf | USD 33.36 0.11 0.33% |
The entity has a beta of 0.0695, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR ICE's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR ICE is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days SPDR ICE Preferred has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, SPDR ICE is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
| In Threey Sharp Ratio | -0.38 |
SPDR |
SPDR ICE Relative Risk vs. Return Landscape
If you would invest 3,441 in SPDR ICE Preferred on October 24, 2024 and sell it today you would lose (105.00) from holding SPDR ICE Preferred or give up 3.05% of portfolio value over 90 days. SPDR ICE Preferred is generating negative expected returns assuming volatility of 0.705% on return distribution over 90 days investment horizon. In other words, 6% of etfs are less volatile than SPDR, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
SPDR ICE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR ICE's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR ICE Preferred, and traders can use it to determine the average amount a SPDR ICE'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 = -0.071
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| Negative Returns | PSK |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR ICE is not performing at its full potential. However, 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 ICE by adding SPDR ICE to a well-diversified portfolio.
SPDR ICE Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR ICE, and SPDR ICE 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.
| Total Asset | 1.02 B | |||
About SPDR ICE Performance
By examining SPDR ICE's fundamental ratios, stakeholders can obtain critical insights into SPDR ICE'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 ICE 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 index, the adviser employs a sampling strategy. SPDR ICE is traded on NYSEARCA Exchange in the United States.| SPDR ICE Preferred generated a negative expected return over the last 90 days | |
| The fund generated three year return of -2.0% | |
| SPDR ICE Preferred maintains most of the assets in different exotic instruments. |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SPDR ICE Preferred. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of SPDR ICE Preferred 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 ICE's value that differs from its market value or its book value, called intrinsic value, which is SPDR ICE'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 ICE's market value can be influenced by many factors that don't directly affect SPDR ICE'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 ICE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR ICE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR ICE'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.