SPDR SPASX (Australia) Performance
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SPDR SPASX are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days SPDR SPASX 200 has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, SPDR SPASX is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| In Threey Sharp Ratio | 1.26 |
SPDR |
SPDR SPASX Relative Risk vs. Return Landscape
If you would invest (100.00) in SPDR SPASX 200 on December 21, 2024 and sell it today you would earn a total of 100.00 from holding SPDR SPASX 200 or generate -100.0% return on investment over 90 days. SPDR SPASX 200 is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all etfs have less volatile historical return distribution than SPDR SPASX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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SPDR SPASX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SPASX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SPASX 200, and traders can use it to determine the average amount a SPDR SPASX'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 = 0.0
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Based on monthly moving average SPDR SPASX 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 SPASX by adding SPDR SPASX to a well-diversified portfolio.
SPDR SPASX Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SPASX, and SPDR SPASX 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.
| SPDR SPASX 200 is not yet fully synchronised with the market data | |
| SPDR SPASX 200 has some characteristics of a very speculative penny stock |
Check out Your Equity Center to better understand how to build diversified portfolios. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Tools for SPDR Etf
When running SPDR SPASX's price analysis, check to measure SPDR SPASX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR SPASX is operating at the current time. Most of SPDR SPASX's value examination focuses on studying past and present price action to predict the probability of SPDR SPASX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR SPASX's price. Additionally, you may evaluate how the addition of SPDR SPASX to your portfolios can decrease your overall portfolio volatility.
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