Spdr Portfolio Sp Etf Performance
| SPTM Etf | USD 61.77 0.74 1.18% |
The entity has a beta of 1.02, which indicates a somewhat significant risk relative to the market. SPDR Portfolio returns are very sensitive to returns on the market. As the market goes up or down, SPDR Portfolio is expected to follow.
Risk-Adjusted Performance
11 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Portfolio SP are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very unsteady basic indicators, SPDR Portfolio may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
1 | Trading Signals - Stock Traders Daily | 02/02/2024 |
2 | SPDR Portfolio SP 1500 Composite Stock Market ETF Sets New 52-Week High at 61.76 | 02/22/2024 |
3 | SPTM A Solid But Unnecessary Total Market ETF - Seeking Alpha | 03/08/2024 |
4 | Prime Capital Investment Advisors LLC Purchases New Holdings in SPDR Portfolio SP 1500 Composite Stock Market ... - Defense World | 04/08/2024 |
| In Threey Sharp Ratio | 0.52 |
SPDR |
SPDR Portfolio Relative Risk vs. Return Landscape
If you would invest 5,772 in SPDR Portfolio SP on January 17, 2024 and sell it today you would earn a total of 405.00 from holding SPDR Portfolio SP or generate 7.02% return on investment over 90 days. SPDR Portfolio SP is currently generating 0.1103% in daily expected returns and assumes 0.7345% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than SPDR, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SPDR Portfolio Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Portfolio's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Portfolio SP, and traders can use it to determine the average amount a SPDR Portfolio'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 = 0.1502
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| Cash | SPTM | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average SPDR Portfolio is performing at about 11% 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 Portfolio by adding it to a well-diversified portfolio.
SPDR Portfolio Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Portfolio, and SPDR Portfolio 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 | 4.05 X | |||
| Total Asset | 5.12 B | |||
About SPDR Portfolio Performance
To evaluate SPDR Portfolio SP 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 Portfolio 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 Portfolio SP 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 Total is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Prime Capital Investment Advisors LLC Purchases New Holdings in SPDR Portfolio SP 1500 Composite Stock Market ... - Defense World | |
| The fund maintains 99.74% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Portfolio SP. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of SPDR Portfolio SP 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 Portfolio's value that differs from its market value or its book value, called intrinsic value, which is SPDR Portfolio'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 Portfolio's market value can be influenced by many factors that don't directly affect SPDR Portfolio'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 Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Portfolio'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.