Ssga Etf Performance
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SSgA are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days SSgA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, SSgA is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
SSgA |
SSgA Relative Risk vs. Return Landscape
If you would invest (100.00) in SSgA on January 26, 2024 and sell it today you would earn a total of 100.00 from holding SSgA or generate -100.0% return on investment over 90 days. SSgA is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of etfs are less volatile than SSgA, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
SSgA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSgA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SSgA, and traders can use it to determine the average amount a SSgA'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 = 0.0
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Based on monthly moving average SSgA 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 SSgA by adding SSgA to a well-diversified portfolio.
SSgA Fundamentals Growth
SSgA Etf prices reflect investors' perceptions of the future prospects and financial health of SSgA, and SSgA 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 SSgA Etf performance.
| Price To Earning | 15.88 X | |||
| Price To Book | 1.50 X | |||
| Price To Sales | 0.92 X | |||
| Total Asset | 12.22 M | |||
| SSgA is not yet fully synchronised with the market data | |
| SSgA has some characteristics of a very speculative penny stock | |
| The fund generated three year return of -1.0% | |
| SSgA retains 98.35% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Tools for SSgA Etf
When running SSgA's price analysis, check to measure SSgA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SSgA is operating at the current time. Most of SSgA's value examination focuses on studying past and present price action to predict the probability of SSgA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SSgA's price. Additionally, you may evaluate how the addition of SSgA to your portfolios can decrease your overall portfolio volatility.
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