Spdr Sp Transportation Etf Performance
| XTN Etf | USD 90.78 1.28 1.39% |
The entity has a beta of 1.55, 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
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SP Transportation are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very conflicting basic indicators, SPDR SP displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | SPDR SP Transportation ETF declares quarterly distribution of 0.1890 | 09/23/2024 |
2 | The Zacks Analyst Blog Highlights Financial Select Sector SPDR ETF, Technology Select Sector SPDR ETF, VanEck Retail ETF and SPDR SP Transportation ETF - Zacks ... | 10/03/2024 |
3 | XPO Q3 Hits The Mark North American LTL Segment Fuels Growth, EBITDA Up 20 | 10/30/2024 |
4 | Should You Invest in the SPDR SP Transportation ETF | 11/25/2024 |
5 | Investment Analysis and Advice - Stock Traders Daily | 12/10/2024 |
| In Threey Sharp Ratio | 0.09 |
SPDR |
SPDR SP Relative Risk vs. Return Landscape
If you would invest 7,886 in SPDR SP Transportation on September 15, 2024 and sell it today you would earn a total of 1,192 from holding SPDR SP Transportation or generate 15.12% return on investment over 90 days. SPDR SP Transportation is generating 0.2297% of daily returns assuming volatility of 1.3997% on return distribution over 90 days investment horizon. In other words, 12% of etfs are less volatile than SPDR, and above 96% 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 Transportation, 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 = 0.1641
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Estimated Market Risk
| 1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average SPDR SP is performing at about 12% 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.
| Price To Earning | 17.13 X | |||
| Price To Book | 2.39 X | |||
| Price To Sales | 0.92 X | |||
| Total Asset | 402.65 M | |||
About SPDR SP Performance
By examining SPDR SP's fundamental ratios, stakeholders can obtain critical insights into SPDR SP'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 SP 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.
In seeking to track the performance of the SP Transportation Select Industry Index , the fund employs a sampling strategy. SP Transportation is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Investment Analysis and Advice - Stock Traders Daily | |
| The fund keeps 99.95% 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 Transportation. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of SPDR SP Transportation 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.