Spdr Euro Stoxx Etf Performance
| FEZ Etf | USD 47.85 0.22 0.46% |
The entity has a beta of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPDR EURO's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR EURO is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days SPDR EURO STOXX has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Etf's technical and fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the ETF investors. ...more
| In Threey Sharp Ratio | 0.15 |
SPDR |
SPDR EURO Relative Risk vs. Return Landscape
If you would invest 5,244 in SPDR EURO STOXX on August 30, 2024 and sell it today you would lose (459.00) from holding SPDR EURO STOXX or give up 8.75% of portfolio value over 90 days. SPDR EURO STOXX is generating negative expected returns assuming volatility of 1.0805% on return distribution over 90 days investment horizon. In other words, 9% 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 EURO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR EURO's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR EURO STOXX, and traders can use it to determine the average amount a SPDR EURO'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 = -0.1292
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| Negative Returns | FEZ |
Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR EURO 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 EURO by adding SPDR EURO to a well-diversified portfolio.
SPDR EURO Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR EURO, and SPDR EURO 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 | 2.47 X | |||
| Price To Book | 1.50 X | |||
| Price To Sales | 1.00 X | |||
| Earnings Per Share | (0.22) X | |||
| Total Asset | 1.46 B | |||
About SPDR EURO Performance
Evaluating SPDR EURO's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if SPDR EURO has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SPDR EURO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Euro Stoxx is traded on NYSEARCA Exchange in the United States.| SPDR EURO STOXX generated a negative expected return over the last 90 days | |
| The fund retains 99.79% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR EURO STOXX. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of SPDR EURO STOXX 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 EURO's value that differs from its market value or its book value, called intrinsic value, which is SPDR EURO'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 EURO's market value can be influenced by many factors that don't directly affect SPDR EURO'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 EURO's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR EURO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR EURO'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.