Spdr Factset Innovative Etf Performance
| XITK Etf | USD 171.63 4.22 2.52% |
The entity has a beta of 1.02, which indicates a somewhat significant risk relative to the market. SPDR FactSet returns are very sensitive to returns on the market. As the market goes up or down, SPDR FactSet is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SPDR FactSet Innovative has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, SPDR FactSet is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | XITK Gets A Buy Rating For Those Wanting Small-Cap Technology Exposure - Seeking Alpha | 01/08/2025 |
2 | Moloney Securities Asset Management LLC Sells 383 Shares of SPDR FactSet Innovative Technology ETF | 02/11/2025 |
3 | Technical Data - Stock Traders Daily | 03/24/2025 |
| In Threey Sharp Ratio | 0.09 |
SPDR |
SPDR FactSet Relative Risk vs. Return Landscape
If you would invest 18,005 in SPDR FactSet Innovative on December 25, 2024 and sell it today you would lose (842.00) from holding SPDR FactSet Innovative or give up 4.68% of portfolio value over 90 days. SPDR FactSet Innovative is currently does not generate positive expected returns and assumes 1.6928% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% 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 FactSet Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR FactSet's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR FactSet Innovative, and traders can use it to determine the average amount a SPDR FactSet'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 = -0.0396
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| Negative Returns | XITK |
Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR FactSet 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 FactSet by adding SPDR FactSet to a well-diversified portfolio.
SPDR FactSet Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR FactSet, and SPDR FactSet 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 | 35.85 X | |||
| Price To Book | 2.76 X | |||
| Price To Sales | 2.10 X | |||
| Total Asset | 103.57 M | |||
About SPDR FactSet Performance
By examining SPDR FactSet's fundamental ratios, stakeholders can obtain critical insights into SPDR FactSet's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that SPDR FactSet is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
-listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. Factset Innovative is traded on NYSEARCA Exchange in the United States.| SPDR FactSet generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Technical Data - Stock Traders Daily | |
| The fund keeps 99.76% 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 FactSet Innovative. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of SPDR FactSet Innovative 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 FactSet's value that differs from its market value or its book value, called intrinsic value, which is SPDR FactSet'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 FactSet's market value can be influenced by many factors that don't directly affect SPDR FactSet'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 FactSet's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR FactSet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR FactSet'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.