Ssga Etf Performance
| SLY Etf | USD 85.46 0.63 0.73% |
The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SSgA's returns are expected to increase less than the market. However, during the bear market, the loss of holding SSgA is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days SSgA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong essential indicators, SSgA 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 | 75.12 | |
| Fifty Two Week High | 101.67 |
SSgA |
SSgA Relative Risk vs. Return Landscape
If you would invest 8,546 in SSgA on August 30, 2024 and sell it today you would earn a total of 0.00 from holding SSgA or generate 0.0% return on investment over 90 days. SSgA is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of etfs are less volatile than SSgA, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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SSgA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSgA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SSgA, and traders can use it to determine the average amount a 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 = 0.0
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Based on monthly moving average SSgA 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 SSgA by adding SSgA to a well-diversified portfolio.
SSgA Fundamentals Growth
SSgA Etf prices reflect investors' perceptions of the future prospects and financial health of SSgA, and 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 SSgA Etf performance.
| Price To Earning | 21.00 X | |||
| Price To Book | 2.15 X | |||
| Price To Sales | 1.03 X | |||
| Total Asset | 1.51 B | |||
About SSgA Performance
Evaluating SSgA's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if 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 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.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SP Smallcap is traded on NYSEARCA Exchange in the United States.| SSgA is not yet fully synchronised with the market data | |
| The fund maintains 99.87% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios. 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of SSgA is measured differently than its book value, which is the value of SSgA that is recorded on the company's balance sheet. Investors also form their own opinion of SSgA's value that differs from its market value or its book value, called intrinsic value, which is 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 SSgA's market value can be influenced by many factors that don't directly affect 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 SSgA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSgA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 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.