SSgA SPDR (Germany) Performance
| SYBV Etf | EUR 25.36 0.16 0.63% |
The entity has a beta of -0.0257, 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
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in SSgA SPDR ETFs are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable fundamental drivers, SSgA SPDR is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
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SSgA SPDR Relative Risk vs. Return Landscape
If you would invest 2,433 in SSgA SPDR ETFs on September 1, 2024 and sell it today you would earn a total of 103.00 from holding SSgA SPDR ETFs or generate 4.23% return on investment over 90 days. SSgA SPDR ETFs is generating 0.0653% of daily returns assuming 0.544% volatility of returns over the 90 days investment horizon. Simply put, 4% 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 = 0.12
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Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average SSgA SPDR is performing at about 9% 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.