Spdr Portfolio Corporate Etf Performance
| SPBO Etf | USD 29.33 0.09 0.31% |
The entity has a beta of -0.0089, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SPDR Portfolio are expected to decrease at a much lower rate. During the bear market, SPDR Portfolio is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days SPDR Portfolio Corporate has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy fundamental drivers, SPDR Portfolio is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
1 | SPDR Portfolio Corporate Bond ETF Sees Large Volume Increase Whats Next | 10/29/2024 |
2 | SPBO A Balanced Fixed-Income Approach - Seeking Alpha | 11/20/2024 |
| In Threey Sharp Ratio | -0.57 |
SPDR |
SPDR Portfolio Relative Risk vs. Return Landscape
If you would invest 2,927 in SPDR Portfolio Corporate on August 30, 2024 and sell it today you would earn a total of 6.00 from holding SPDR Portfolio Corporate or generate 0.2% return on investment over 90 days. SPDR Portfolio Corporate is currently generating 0.0039% in daily expected returns and assumes 0.3581% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than SPDR, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SPDR Portfolio Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Portfolio's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Portfolio Corporate, and traders can use it to determine the average amount a SPDR Portfolio'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 = 0.0108
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPBO |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR Portfolio 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 Portfolio by adding SPDR Portfolio to a well-diversified portfolio.
SPDR Portfolio Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Portfolio, and SPDR Portfolio 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 | 382.21 M | |||
About SPDR Portfolio Performance
By examining SPDR Portfolio's fundamental ratios, stakeholders can obtain critical insights into SPDR Portfolio'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 Portfolio 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.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. Issuer Scd is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: SPBO A Balanced Fixed-Income Approach - Seeking Alpha | |
| The fund created three year return of -1.0% | |
| SPDR Portfolio Corporate maintains about 12.61% of its assets in bonds |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Portfolio Corporate. 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 labor statistics. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of SPDR Portfolio Corporate 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 Portfolio's value that differs from its market value or its book value, called intrinsic value, which is SPDR Portfolio'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 Portfolio's market value can be influenced by many factors that don't directly affect SPDR Portfolio'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 Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Portfolio'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.