SPDR SP (UK) Performance
| SPXL Etf | 11.61 0.06 0.52% |
The entity has a beta of 0.21, 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
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SP 500 are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, SPDR SP may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Top 3 ETFs for Bullish Investors Post-Election - MarketBeat | 11/25/2024 |
SPDR |
SPDR SP Relative Risk vs. Return Landscape
If you would invest 1,038 in SPDR SP 500 on September 13, 2024 and sell it today you would earn a total of 123.00 from holding SPDR SP 500 or generate 11.85% return on investment over 90 days. SPDR SP 500 is generating 0.1772% of daily returns and assumes 0.6523% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than SPDR, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading 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 500, 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 = 0.2717
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SPXL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average SPDR SP is performing at about 21% 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.
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.
SPDR SP is entity of United Kingdom. It is traded as Etf on LSE exchange.| Latest headline from news.google.com: Top 3 ETFs for Bullish Investors Post-Election - MarketBeat |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.