Spdr Ssga Sector Etf Performance
| XLSR Etf | USD 55.53 0.61 1.11% |
The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPDR SSGA's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR SSGA is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SSGA Sector are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, SPDR SSGA may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | SPDR SSGA US Sector Rotation ETF Shares Sold by Farther Finance Advisors LLC - Defense World | 11/13/2024 |
| In Threey Sharp Ratio | 0.31 |
SPDR |
SPDR SSGA Relative Risk vs. Return Landscape
If you would invest 5,055 in SPDR SSGA Sector on September 12, 2024 and sell it today you would earn a total of 498.00 from holding SPDR SSGA Sector or generate 9.85% return on investment over 90 days. SPDR SSGA Sector is currently generating 0.149% in daily expected returns and assumes 0.6556% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than SPDR, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SPDR SSGA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SSGA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SSGA Sector, and traders can use it to determine the average amount a SPDR SSGA'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 = 0.2273
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| Cash | XLSR | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average SPDR SSGA is performing at about 17% 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 SSGA by adding it to a well-diversified portfolio.
SPDR SSGA Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SSGA, and SPDR SSGA 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 | 201.6 M | |||
About SPDR SSGA Performance
Assessing SPDR SSGA's fundamental ratios provides investors with valuable insights into SPDR SSGA's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SPDR SSGA 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 fund is a fund of funds, meaning that it primarily invests its assets in securities of other exchange-traded funds . SSGA US is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: SPDR SSGA US Sector Rotation ETF Shares Sold by Farther Finance Advisors LLC - Defense World | |
| The fund keeps 99.66% 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 SSGA Sector. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of SPDR SSGA Sector 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 SSGA's value that differs from its market value or its book value, called intrinsic value, which is SPDR SSGA'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 SSGA's market value can be influenced by many factors that don't directly affect SPDR SSGA'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 SSGA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SSGA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SSGA'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.