Spdr Ssga Multi Asset Etf Performance
| RLY Etf | USD 28.06 0.23 0.83% |
The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR SSgA's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR SSgA is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SSgA Multi Asset are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong essential indicators, SPDR SSgA is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Rally 24-Hour Volume Tops 2.70 Million | 11/14/2024 |
2 | Learn to Evaluate using the Charts - Stock Traders Daily | 12/27/2024 |
3 | On The My Stocks Page - Stock Traders Daily | 01/17/2025 |
| In Threey Sharp Ratio | 0.06 |
SPDR |
SPDR SSgA Relative Risk vs. Return Landscape
If you would invest 2,793 in SPDR SSgA Multi Asset on November 2, 2024 and sell it today you would earn a total of 13.00 from holding SPDR SSgA Multi Asset or generate 0.47% return on investment over 90 days. SPDR SSgA Multi Asset is generating 0.0095% of daily returns assuming volatility of 0.5801% on return distribution over 90 days investment horizon. In other words, 5% 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 SSgA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SSgA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SSgA Multi Asset, and traders can use it to determine the average amount a SPDR SSgA'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 = 0.0164
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| Negative Returns | RLY |
Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average SPDR SSgA is performing at about 1% 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 SSgA by adding it to a well-diversified portfolio.
SPDR SSgA Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SSgA, and SPDR SSgA 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 | 21.11 X | |||
| Price To Book | 1.51 X | |||
| Price To Sales | 1.35 X | |||
| Total Asset | 545.1 M | |||
About SPDR SSgA Performance
Evaluating SPDR SSgA's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if SPDR SSgA 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 SSgA 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.
Under normal circumstances, the Adviser invests at least 80 percent of the net assets of the fund among ETPs that provide exposure to the following primary asset classes inflation protected securities issued by the United States government domestic and international real estate securities commodities publicly-traded domestic and international infrastructure companies and publicly-traded companies in natural resources andor commodities businesses. SSGA Multi-Asset is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: On The My Stocks Page - Stock Traders Daily |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SPDR SSgA Multi Asset. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of SPDR SSgA Multi 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 SSgA's value that differs from its market value or its book value, called intrinsic value, which is SPDR SSgA'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 SSgA's market value can be influenced by many factors that don't directly affect SPDR SSgA'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 SSgA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SSgA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SSgA'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.