Spdr Russell Small Etf Performance
| SPMD Etf | USD 54.33 0.58 1.08% |
The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPDR Russell's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Russell is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SPDR Russell Small has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's primary indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the fund shareholders. ...more
| In Threey Sharp Ratio | 0.30 |
SPDR |
SPDR Russell Relative Risk vs. Return Landscape
If you would invest 5,872 in SPDR Russell Small on December 2, 2024 and sell it today you would lose (439.00) from holding SPDR Russell Small or give up 7.48% of portfolio value over 90 days. SPDR Russell Small is currently does not generate positive expected returns and assumes 0.9288% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than SPDR, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SPDR Russell Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Russell's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Russell Small, and traders can use it to determine the average amount a SPDR Russell'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 = -0.1325
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPMD |
Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.12 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 Russell 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 Russell by adding SPDR Russell to a well-diversified portfolio.
SPDR Russell Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Russell, and SPDR Russell 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.
| Return On Equity | -0.49 | |||
| Return On Asset | 0.0015 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 0.48 % | |||
| Current Valuation | 1.43 B | |||
| Shares Outstanding | 15.3 M | |||
| Price To Earning | 0.31 X | |||
| Price To Book | (0.12) X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 1.35 B | |||
| EBITDA | 647 M | |||
| Cash And Equivalents | 105 M | |||
| Cash Per Share | 6.71 X | |||
| Total Debt | 1.44 B | |||
| Debt To Equity | (4.06) % | |||
| Book Value Per Share | (35.45) X | |||
| Cash Flow From Operations | 288 M | |||
| Earnings Per Share | 12.77 X | |||
| Total Asset | 4.68 B | |||
| Retained Earnings | (875.29 M) | |||
| Current Asset | 397 M | |||
| Current Liabilities | 195 M | |||
About SPDR Russell Performance
By analyzing SPDR Russell's fundamental ratios, stakeholders can gain valuable insights into SPDR Russell's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPDR Russell 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 Russell has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR Mid is traded on NYSEARCA Exchange in the United States.| SPDR Russell Small generated a negative expected return over the last 90 days | |
| About 64.0% of the company shares are owned by institutional investors | |
| The fund maintains 99.94% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Russell 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 population. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of SPDR Russell 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is SPDR Russell'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 Russell's market value can be influenced by many factors that don't directly affect SPDR Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Russell'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.