SPDR SP (Germany) Performance
| ZPDM Etf | EUR 42.18 0.31 0.73% |
The entity has a beta of 0.78, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPDR SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR SP is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SP Materials are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable fundamental indicators, SPDR SP is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Fifty Two Week Low | 18.86 | |
| Fifty Two Week High | 23.78 |
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SPDR SP Relative Risk vs. Return Landscape
If you would invest 4,066 in SPDR SP Materials on September 13, 2024 and sell it today you would earn a total of 152.00 from holding SPDR SP Materials or generate 3.74% return on investment over 90 days. SPDR SP Materials is generating 0.0608% of daily returns assuming 0.8378% volatility of returns over the 90 days investment horizon. Simply put, 7% of all etfs have less volatile historical return distribution than SPDR SP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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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 Materials, 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 = 0.0726
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average SPDR SP is performing at about 5% 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.
| Total Asset | 11.73 M | |||
About SPDR SP Performance
By analyzing SPDR SP's fundamental ratios, stakeholders can gain valuable insights into SPDR SP's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPDR SP 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 SP has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Materials Select Sector UCITS ETF is to track the performance of large cap U.S. materials companies in the SP 500 Index. SPDR SP is traded on Frankfurt Stock Exchange in Germany.| The fund keeps 99.72% of its net assets in stocks |
Other Information on Investing in SPDR Etf
SPDR SP financial ratios help investors to determine whether SPDR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR SP security.