SSgA SPDR (Germany) Price on January 7, 2025
If you're considering investing in SSgA Etf, it is important to understand the factors that can impact its price. At this point, SSgA SPDR is very steady. SSgA SPDR ETFs owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the etf had a 0.18 % return per unit of risk over the last 3 months. We have found twenty technical indicators for SSgA SPDR ETFs, which you can use to evaluate the volatility of the etf. Please validate SSgA SPDR's Standard Deviation of 0.4838, downside deviation of 0.3851, and Risk Adjusted Performance of 0.1441 to confirm if the risk estimate we provide is consistent with the expected return of 0.0868%.
SSgA Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SSgA |
Sharpe Ratio = 0.1794
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Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average SSgA SPDR is performing at about 14% 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About SSgA SPDR Etf history
SSgA SPDR investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SSgA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SSgA SPDR ETFs will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SSgA SPDR stock prices may prove useful in developing a viable investing in SSgA SPDR
SSgA SPDR Etf Technical Analysis
SSgA SPDR 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.
Price Boundaries
SSgA SPDR Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
SSgA SPDR ETFs cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
SSgA SPDR January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how SSgA SPDR etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SSgA SPDR shares will generate the highest return on investment. By undertsting and applying SSgA SPDR etf market strength indicators, traders can identify SSgA SPDR ETFs entry and exit signals to maximize returns
SSgA SPDR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SSgA SPDR's price direction in advance. Along with the technical and fundamental analysis of SSgA Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SSgA to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1441 | |||
| Jensen Alpha | 0.08 | |||
| Total Risk Alpha | 0.0509 | |||
| Sortino Ratio | 0.0818 | |||
| Treynor Ratio | (1.07) |
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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.