Spdr Kensho Intelligent Etf Performance
| XKII Etf | USD 34.46 0.46 1.35% |
The entity has a beta of 0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPDR Kensho's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Kensho is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days SPDR Kensho Intelligent has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong forward indicators, SPDR Kensho is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders. ...more
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SPDR Kensho Relative Risk vs. Return Landscape
If you would invest 3,491 in SPDR Kensho Intelligent on November 2, 2024 and sell it today you would lose (91.00) from holding SPDR Kensho Intelligent or give up 2.61% of portfolio value over 90 days. SPDR Kensho Intelligent is currently does not generate positive expected returns and assumes 1.0527% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% 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 |
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SPDR Kensho Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Kensho's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Kensho Intelligent, and traders can use it to determine the average amount a SPDR Kensho'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 = -0.0373
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| Negative Returns | XKII |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR Kensho 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 Kensho by adding SPDR Kensho to a well-diversified portfolio.
SPDR Kensho Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Kensho, and SPDR Kensho 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 | 8.37 M | |||
About SPDR Kensho Performance
By evaluating SPDR Kensho's fundamental ratios, stakeholders can gain valuable insights into SPDR Kensho's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPDR Kensho 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 SPDR Kensho 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 investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SP Kensho Intelligent Infrastructure Index. SPDR Kensho is traded on Archipelago Exchange in USA.| SPDR Kensho generated a negative expected return over the last 90 days | |
| The fund keeps 99.9% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR Kensho Intelligent. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of SPDR Kensho Intelligent 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 Kensho's value that differs from its market value or its book value, called intrinsic value, which is SPDR Kensho'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 Kensho's market value can be influenced by many factors that don't directly affect SPDR Kensho'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 Kensho's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Kensho is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Kensho'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.