SSgA SPDR (France) Performance
| STP Etf | EUR 299.35 2.30 0.77% |
The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SSgA SPDR are expected to decrease at a much lower rate. During the bear market, SSgA SPDR is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days SSgA SPDR ETFs has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, SSgA SPDR 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 | 193.36 | |
| Fifty Two Week High | 293.75 |
SSgA |
SSgA SPDR Relative Risk vs. Return Landscape
If you would invest 30,465 in SSgA SPDR ETFs on August 27, 2024 and sell it today you would lose (530.00) from holding SSgA SPDR ETFs or give up 1.74% of portfolio value over 90 days. SSgA SPDR ETFs is producing return of less than zero assuming 0.9361% volatility of returns over the 90 days investment horizon. Simply put, 8% of all etfs have less volatile historical return distribution than SSgA SPDR, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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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 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 = -0.0242
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| Negative Returns | STP |
Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SSgA SPDR 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 SPDR by adding SSgA SPDR to a well-diversified portfolio.
SSgA SPDR Fundamentals Growth
SSgA Etf prices reflect investors' perceptions of the future prospects and financial health of SSgA SPDR, and SSgA SPDR 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 | 19.89 X | |||
| Price To Book | 1.78 X | |||
| Price To Sales | 0.95 X | |||
| Total Asset | 81.24 M | |||
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.
The investment objective of the tracker is to replicate the performance of the MSCI Europe Materials net dividends reinvested. SPDR MSCI is traded on Paris Stock Exchange in France.| SSgA SPDR ETFs generated a negative expected return over the last 90 days | |
| The fund maintains 99.43% of its assets in stocks |
Other Information on Investing in SSgA Etf
SSgA SPDR financial ratios help investors to determine whether SSgA Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SSgA with respect to the benefits of owning SSgA SPDR security.