Spdr Russell Small Etf Performance
| SPMD Etf | USD 50.85 0.07 0.14% |
The entity has a beta of 1.37, 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 Russell will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Russell Small are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound primary indicators, SPDR Russell is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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3 | SPDR Portfolio Mid Cap ETF declares quarterly distribution of 0.1628 | 03/18/2024 |
| In Threey Sharp Ratio | 0.29 |
SPDR |
SPDR Russell Relative Risk vs. Return Landscape
If you would invest 4,827 in SPDR Russell Small on January 26, 2024 and sell it today you would earn a total of 258.00 from holding SPDR Russell Small or generate 5.34% return on investment over 90 days. SPDR Russell Small is currently generating 0.0883% in daily expected returns and assumes 0.9327% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% 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 Russell Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Russell's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Russell Small, and traders can use it to determine the average amount a SPDR Russell'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 = 0.0947
| Best Portfolio | Best Equity | |||
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| Cash | SPMD | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average SPDR Russell is performing at about 7% 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 Russell by adding it to a well-diversified portfolio.
SPDR Russell Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Russell, and SPDR Russell 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.
| Return On Equity | -0.49 | |||
| Return On Asset | 0.0015 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 0.48 % | |||
| Current Valuation | 1.43 B | |||
| Shares Outstanding | 15.3 M | |||
| Price To Earning | 0.31 X | |||
| Price To Book | (0.12) X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 1.35 B | |||
| EBITDA | 647 M | |||
| Cash And Equivalents | 105 M | |||
| Cash Per Share | 6.71 X | |||
| Total Debt | 1.44 B | |||
| Debt To Equity | (4.06) % | |||
| Book Value Per Share | (35.45) X | |||
| Cash Flow From Operations | 288 M | |||
| Earnings Per Share | 12.77 X | |||
| Total Asset | 4.68 B | |||
| Retained Earnings | (875.29 M) | |||
| Current Asset | 397 M | |||
| Current Liabilities | 195 M | |||
About SPDR Russell Performance
To evaluate SPDR Russell Small 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 Russell 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 Russell Small 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. SPDR Mid is traded on NYSEARCA Exchange in the United States.| About 64.0% of the company shares are owned by institutional investors | |
| The fund maintains 99.94% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Russell Small. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of SPDR Russell Small 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is SPDR Russell'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 Russell's market value can be influenced by many factors that don't directly affect SPDR Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Russell'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.