Spdr Ssga Small Etf Performance
| SMLV Etf | USD 138.06 1.38 1.01% |
The entity has a beta of 1.76, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SPDR SSGA will likely underperform.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SSGA Small are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak essential indicators, SPDR SSGA showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Investment Analysis - Stock Traders Daily | 11/25/2024 |
| In Threey Sharp Ratio | 0.37 |
SPDR |
SPDR SSGA Relative Risk vs. Return Landscape
If you would invest 12,022 in SPDR SSGA Small on September 12, 2024 and sell it today you would earn a total of 1,784 from holding SPDR SSGA Small or generate 14.84% return on investment over 90 days. SPDR SSGA Small is currently generating 0.2285% in daily expected returns and assumes 1.5893% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% 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 |
| 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 Small, 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 = 0.1438
| Best Portfolio | Best Equity | |||
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| Small Returns | SMLV | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 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 | 20.97 X | |||
| Price To Book | 1.84 X | |||
| Price To Sales | 1.76 X | |||
| Total Asset | 178.84 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.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SSGA US is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Investment Analysis - Stock Traders Daily | |
| The fund maintains 99.8% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR SSGA Small. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of SPDR SSGA Small 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.