Ssga Spdr Etfs Etf Performance
| SSEUF Etf | USD 69.88 0.19 0.27% |
The entity has a beta of 1.27, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SSgA SPDR will likely underperform.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in SSgA SPDR ETFs are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite nearly inconsistent basic indicators, SSgA SPDR reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 51.91 | |
| Fifty Two Week High | 51.91 |
SSgA |
SSgA SPDR Relative Risk vs. Return Landscape
If you would invest 6,168 in SSgA SPDR ETFs on September 1, 2024 and sell it today you would earn a total of 820.00 from holding SSgA SPDR ETFs or generate 13.29% return on investment over 90 days. SSgA SPDR ETFs is currently producing 0.2035% returns and takes up 1.3086% volatility of returns over 90 trading days. Put another way, 11% of traded otc etfs are less volatile than SSgA, and 96% of all traded equity instruments are likely to generate higher returns 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 otc 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 = 0.1555
| Best Portfolio | Best Equity | |||
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| Small Returns | SSEUF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average SSgA SPDR is performing at about 12% 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.
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.