Spdr Ssga Gender Etf Performance
| SHE Etf | USD 101.46 0.24 0.24% |
The entity has a beta of 0.99, which indicates possible diversification benefits within a given portfolio. SPDR SSGA returns are very sensitive to returns on the market. As the market goes up or down, SPDR SSGA is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SSGA Gender are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical indicators, SPDR SSGA is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | SEC Discuss Ethereum Spot ETF Approval Potential - TOKENPOST | 01/24/2024 |
2 | State Street ETF Head Sue Thompson Retiring - Yahoo Finance | 02/06/2024 |
3 | US Financial Advisors LLC Raises Holdings in SPDR MSCI USA Gender Diversity Index ETF | 02/15/2024 |
4 | Goldman Sachs Anderton-Davies Women have defined my career - ETF Stream | 03/07/2024 |
5 | Modera Wealth Management LLC Takes 3.97 Million Position in SPDR MSCI USA Gender Diversity Index ETF ... - Defense World | 03/14/2024 |
6 | ETF Prime Rosenbluth and Chang on ETF Flows and More - ETF Trends | 04/16/2024 |
| In Threey Sharp Ratio | 0.21 |
SPDR |
SPDR SSGA Relative Risk vs. Return Landscape
If you would invest 9,660 in SPDR SSGA Gender on January 19, 2024 and sell it today you would earn a total of 510.00 from holding SPDR SSGA Gender or generate 5.28% return on investment over 90 days. SPDR SSGA Gender is generating 0.0844% of daily returns assuming volatility of 0.7402% on return distribution over 90 days investment horizon. In other words, 6% of etfs are less volatile than SPDR, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
SPDR SSGA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SSGA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SSGA Gender, and traders can use it to determine the average amount a SPDR 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 = 0.114
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average SPDR SSGA is performing at about 8% 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 SSGA by adding it to a well-diversified portfolio.
SPDR SSGA Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SSGA, and SPDR 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 SPDR Etf performance.
| Price To Earning | 19.20 X | |||
| Price To Book | 3.29 X | |||
| Price To Sales | 1.58 X | |||
| Earnings Per Share | 0.53 X | |||
| Total Asset | 188.95 M | |||
About SPDR SSGA Performance
To evaluate SPDR SSGA Gender Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when SPDR SSGA generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare SPDR Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand SPDR SSGA Gender market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents SPDR's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SSGA Gender is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: ETF Prime Rosenbluth and Chang on ETF Flows and More - ETF Trends | |
| The fund maintains 99.72% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR SSGA Gender. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the SPDR SSGA Gender information on this page should be used as a complementary analysis to other SPDR SSGA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of SPDR SSGA Gender 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 SSGA's value that differs from its market value or its book value, called intrinsic value, which is SPDR SSGA'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 SSGA's market value can be influenced by many factors that don't directly affect SPDR SSGA'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 SSGA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SSGA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SSGA'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.