Spdr Sp Oil Etf Performance
| XOP Etf | USD 142.70 0.24 0.17% |
The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR SP is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SP Oil are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Even with relatively inconsistent basic indicators, SPDR SP may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
1 | Should You Invest in the SPDR SP Oil Gas Exploration Production ETF | 10/29/2024 |
2 | Trading Report - Stock Traders Daily | 11/20/2024 |
3 | The Zacks Analyst Blog RSPG, IEO, FCG, PXE and XOP | 01/17/2025 |
| In Threey Sharp Ratio | 0.44 |
SPDR |
SPDR SP Relative Risk vs. Return Landscape
If you would invest 13,350 in SPDR SP Oil on October 25, 2024 and sell it today you would earn a total of 920.00 from holding SPDR SP Oil or generate 6.89% return on investment over 90 days. SPDR SP Oil is generating 0.1214% of daily returns assuming volatility of 1.4437% on return distribution over 90 days investment horizon. In other words, 12% of etfs are less volatile than SPDR, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
SPDR SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SP Oil, and traders can use it to determine the average amount a SPDR SP'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 = 0.0841
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| Cash | Small Risk | XOP | High Risk | Huge Risk |
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average SPDR SP is performing at about 6% 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 SPDR SP by adding it to a well-diversified portfolio.
SPDR SP Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SP, and SPDR SP 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.
| Return On Equity | 59.72 | |||
| Return On Asset | 1.14 | |||
| Operating Margin | 85.47 % | |||
| Current Valuation | 4.58 B | |||
| Shares Outstanding | 70.5 M | |||
| Price To Earning | 3.57 X | |||
| Price To Book | 2.76 X | |||
| Price To Sales | 100.66 X | |||
| Revenue | 67.34 M | |||
| Cash And Equivalents | 12.27 M | |||
| Cash Per Share | 0.29 X | |||
| Total Debt | 84.8 M | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 34.79 X | |||
| Earnings Per Share | 12.01 X | |||
| Total Asset | 3.89 B | |||
About SPDR SP Performance
Assessing SPDR SP's fundamental ratios provides investors with valuable insights into SPDR SP's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SPDR SP is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
In seeking to track the performance of the SP Oil Gas Exploration Production Select Industry Index, the fund employs a sampling strategy. SP Oil is traded on NYSEARCA Exchange in the United States.| Over 99.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from zacks.com: The Zacks Analyst Blog RSPG, IEO, FCG, PXE and XOP | |
| The fund generated0.0 ten year return of 0.0% | |
| SPDR SP Oil keeps 99.74% 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 SP Oil. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of SPDR SP Oil 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.