Spdr Kensho Future Etf Performance
| XKFS Etf | USD 67.88 0.48 0.70% |
The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR Kensho's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Kensho 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 Kensho Future are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady technical and fundamental indicators, SPDR Kensho unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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SPDR Kensho Relative Risk vs. Return Landscape
If you would invest 5,938 in SPDR Kensho Future on September 15, 2024 and sell it today you would earn a total of 850.00 from holding SPDR Kensho Future or generate 14.31% return on investment over 90 days. SPDR Kensho Future is currently generating 0.2153% in daily expected returns and assumes 1.1118% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than SPDR, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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SPDR Kensho Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Kensho's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Kensho Future, and traders can use it to determine the average amount a SPDR Kensho'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 = 0.1936
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average SPDR Kensho is performing at about 15% 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 Kensho by adding it to a well-diversified portfolio.
SPDR Kensho Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Kensho, and SPDR Kensho 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.
| Total Asset | 19.88 M | |||
About SPDR Kensho Performance
Assessing SPDR Kensho's fundamental ratios provides investors with valuable insights into SPDR Kensho's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SPDR Kensho 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.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SP Kensho Future Security Index. SPDR Kensho is traded on Archipelago Exchange in USA.| The fund keeps 99.97% 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 Kensho Future. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of SPDR Kensho Future 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 Kensho's value that differs from its market value or its book value, called intrinsic value, which is SPDR Kensho'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 Kensho's market value can be influenced by many factors that don't directly affect SPDR Kensho'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 Kensho's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Kensho is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Kensho'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.