Spdr Sp Oil Etf Performance
| XES Etf | USD 68.48 0.47 0.69% |
The entity has a beta of 0.86, which indicates possible diversification benefits within a given portfolio. SPDR SP returns are very sensitive to returns on the market. As the market goes up or down, SPDR SP is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SPDR SP Oil has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Etf's technical and fundamental indicators remain comparatively stable which may send shares a bit higher in April 2025. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
1 | A Story of Oil Production Stocks - substack.com | 01/28/2025 |
2 | Is SPDR SP Oil Gas Equipment Services ETF a Strong ETF Right Now - Nasdaq | 01/31/2025 |
3 | Do Wall Street Analysts Like Baker Hughes Stock - TradingView | 02/07/2025 |
4 | Technical Data - Stock Traders Daily | 02/25/2025 |
| In Threey Sharp Ratio | 0.21 |
SPDR |
SPDR SP Relative Risk vs. Return Landscape
If you would invest 8,082 in SPDR SP Oil on December 12, 2024 and sell it today you would lose (1,234) from holding SPDR SP Oil or give up 15.27% of portfolio value over 90 days. SPDR SP Oil is generating negative expected returns assuming volatility of 1.8094% on return distribution over 90 days investment horizon. In other words, 16% of etfs are less volatile than SPDR, and above 99% 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 = -0.1434
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| Negative Returns | XES |
Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR SP 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 SP by adding SPDR SP 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.
| Price To Earning | 49.84 X | |||
| Price To Book | 0.81 X | |||
| Price To Sales | 0.99 X | |||
| Earnings Per Share | 4.13 X | |||
| Total Asset | 202.05 M | |||
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 Equipment Services Select Industry Index, the fund employs a sampling strategy. SP Oil is traded on NYSEARCA Exchange in the United States.| SPDR SP Oil generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Technical Data - Stock Traders Daily | |
| SPDR SP Oil generated-11.0 ten year return of -11.0% | |
| This fund keeps 99.94% 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 income. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.