Spdr Sp Aerospace Etf Performance
| XAR Etf | USD 176.52 2.75 1.58% |
The entity has a beta of 1.18, 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 SP will likely underperform.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SP Aerospace are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, SPDR SP reported solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | CoreCap Advisors LLC Buys Shares of ,002 SPDR SP Aerospace Defense ETF | 09/13/2024 |
2 | Election Strategy How to Position Your Stock Portfolio | 09/25/2024 |
3 | SPDR SP Aerospace Defense ETF Shares Acquired by Howard Capital Management Group LLC | 10/18/2024 |
4 | SPDR SP Aerospace Defense ETF Stock Holdings Lessened by Bank Hapoalim BM | 10/31/2024 |
SPDR |
SPDR SP Relative Risk vs. Return Landscape
If you would invest 15,065 in SPDR SP Aerospace on September 1, 2024 and sell it today you would earn a total of 2,587 from holding SPDR SP Aerospace or generate 17.17% return on investment over 90 days. SPDR SP Aerospace is generating 0.2553% of daily returns assuming volatility of 1.2289% on return distribution over 90 days investment horizon. In other words, 10% of etfs are less volatile than SPDR, and above 95% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
SPDR SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SP Aerospace, and traders can use it to determine the average amount a SPDR SP'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 = 0.2078
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average SPDR SP is performing at about 16% 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 SP by adding it to a well-diversified portfolio.
SPDR SP Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SP, and SPDR SP 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 | -0.0075 | |||
| Return On Asset | -1.0E-4 | |||
| Profit Margin | (22.80) % | |||
| Operating Margin | 14.06 % | |||
| Shares Outstanding | 75.57 M | |||
| Price To Earning | 19.53 X | |||
| Price To Book | 2.87 X | |||
| Price To Sales | 1.25 X | |||
| Revenue | 93.47 M | |||
| EBITDA | 23.11 M | |||
| Cash And Equivalents | 30.23 M | |||
| Cash Per Share | 0.49 X | |||
| Debt To Equity | 0.01 % | |||
| Cash Flow From Operations | 40.38 M | |||
| Earnings Per Share | 0.16 X | |||
| Total Asset | 1.28 B | |||
| Current Asset | 98.96 M | |||
| Current Liabilities | 16.01 M | |||
About SPDR SP Performance
Assessing SPDR SP's fundamental ratios provides investors with valuable insights into SPDR SP's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SPDR SP is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
In seeking to track the performance of the SP Aerospace Defense Select Industry Index , the fund employs a sampling strategy. SP Aerospace is traded on NYSEARCA Exchange in the United States.| The fund keeps 99.9% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Aerospace. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of SPDR SP Aerospace 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.