Spdr Ssga Multi Asset Etf Performance
| RLY Etf | USD 28.32 0.27 0.94% |
The entity has a beta of -0.0707, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SPDR SSgA are expected to decrease at a much lower rate. During the bear market, SPDR SSgA is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SSgA Multi Asset are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong essential indicators, SPDR SSgA is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.03 |
SPDR |
SPDR SSgA Relative Risk vs. Return Landscape
If you would invest 2,694 in SPDR SSgA Multi Asset on December 24, 2024 and sell it today you would earn a total of 138.00 from holding SPDR SSgA Multi Asset or generate 5.12% return on investment over 90 days. SPDR SSgA Multi Asset is generating 0.0849% of daily returns assuming volatility of 0.5717% on return distribution over 90 days investment horizon. In other words, 5% 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 |
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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 Multi Asset, 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 = 0.1485
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Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average SPDR SSgA is performing at about 11% 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.
| Price To Earning | 21.11 X | |||
| Price To Book | 1.51 X | |||
| Price To Sales | 1.35 X | |||
| Total Asset | 545.1 M | |||
About SPDR SSgA Performance
Evaluating SPDR SSgA's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if SPDR SSgA 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 SSgA 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.
Under normal circumstances, the Adviser invests at least 80 percent of the net assets of the fund among ETPs that provide exposure to the following primary asset classes inflation protected securities issued by the United States government domestic and international real estate securities commodities publicly-traded domestic and international infrastructure companies and publicly-traded companies in natural resources andor commodities businesses. SSGA Multi-Asset is traded on NYSEARCA Exchange in the United States.