Spdr Russell Small Etf Alpha and Beta Analysis
| SPMD Etf | USD 58.61 0.94 1.63% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SPDR Russell Small. It also helps investors analyze the systematic and unsystematic risks associated with investing in SPDR Russell over a specified time horizon. Remember, high SPDR Russell's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to SPDR Russell's market risk premium analysis include:
Beta 1.18 | Alpha 0.00514 | Risk 0.98 | Sharpe Ratio 0.14 | Expected Return 0.14 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
SPDR |
SPDR Russell Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SPDR Russell market risk premium is the additional return an investor will receive from holding SPDR Russell long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Russell. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate SPDR Russell's performance over market.| α | 0.01 | β | 1.18 |
SPDR Russell expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of SPDR Russell's Buy-and-hold return. Our buy-and-hold chart shows how SPDR Russell performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SPDR Russell Market Price Analysis
Market price analysis indicators help investors to evaluate how SPDR Russell etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPDR Russell shares will generate the highest return on investment. By understating and applying SPDR Russell etf market price indicators, traders can identify SPDR Russell position entry and exit signals to maximize returns.
SPDR Russell Return and Market Media
The median price of SPDR Russell for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 54.63 with a coefficient of variation of 3.04. The daily time series for the period is distributed with a sample standard deviation of 1.67, arithmetic mean of 54.78, and mean deviation of 1.25. The Etf received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | SPDR Portfolio Mid Cap ETF declares quarterly distribution of 0.1973 | 09/23/2024 |
2 | Disposition of 1741 shares by Gatto Frank P of SPDR Russell at 3.87 subject to Rule 16b-3 | 10/09/2024 |
3 | GARP small to mid-cap stocks with good momentum and high beta Jefferies | 10/14/2024 |
4 | Disposition of 150000 shares by Mcdonald Peter J of SPDR Russell at 7.25 subject to Rule 16b-3 | 10/25/2024 |
5 | Acquisition by Gatto Frank P of 521 shares of SPDR Russell at 5.08 subject to Rule 16b-3 | 11/21/2024 |
About SPDR Russell Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including SPDR or other etfs. Alpha measures the amount that position in SPDR Russell Small has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SPDR Russell in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SPDR Russell's short interest history, or implied volatility extrapolated from SPDR Russell options trading.
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Check out SPDR Russell Backtesting, Portfolio Optimization, SPDR Russell Correlation, SPDR Russell Hype Analysis, SPDR Russell Volatility, SPDR Russell History and analyze SPDR Russell Performance. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
SPDR Russell technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.