SPDR SP Performance

SPDR SP 500 ETF -- USA Etf  

USD 255.79  0.07  0.0274%

The entity has beta of -0.0034 which indicates as returns on market increase, returns on owning SPDR SP are expected to decrease at a much smaller rate. During bear market, SPDR SP is likely to outperform the market.. Although it is extremely important to respect SPDR SP 500 current price movements, it is better to be realistic regarding the information on equity historical returns. The approach towards measuring future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining SPDR SP 500 technical indicators you can now evaluate if the expected return of 0.0988% will be sustainable into the future.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  25,006  in SPDR SP 500 ETF on September 20, 2017 and sell it today you would earn a total of  573  from holding SPDR SP 500 ETF or generate 2.29% return on investment over 30 days. SPDR SP 500 ETF is generating 0.0988% of daily returns assuming volatility of 0.2118% on return distribution over 30 days investment horizon. In other words, 1% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, SPDR SP 500 ETF is expected to generate 1.24 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.11 times less risky than the market. It trades about 0.47 of its potential returns per unit of risk. The DOW is currently generating roughly 0.52 of returns per unit of risk over similar time horizon.

Price to Book

SPDR SP 500 Price to Book
Based on latest financial disclosure the price to book indicator of SPDR SP 500 ETF is roughly 2.75 times. This is 74.05% higher than that of the SPDR State Street Global Advisors family, and 17.56% higher than that of Large Blend category, The Price to Book for all etfs is 183.51% lower than the firm.
  to Book 
      SPDR SP Comparables 
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

SPDR SP Daily Price Distribution

The median price of SPDR SP for the period between Wed, Sep 20, 2017 and Fri, Oct 20, 2017 is 253.95 with a coefficient of variation of 0.98. The daily time series for the period is distributed with a sample standard deviation of 2.49, arithmetic mean of 252.79, and mean deviation of 2.2. The Etf received some media coverage during the period.
31 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SP 500 ETF are ranked lower than 31 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

SPDR SP Sharpe Ratio = 0.4664
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSPYAverage
Risk
High
Risk
Huge
Risk
Negative Returns

Estimated Market Risk

 0.21
  actual daily
 
 99 %
of total potential
  

Expected Return

 0.1
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 0.47
  actual daily
 
 31 %
of total potential
  
Based on monthly moving average SPDR SP is performing at about 31% 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.

Dividends

SPDR SP 500 Dividends Analysis
Check SPDR SP 500 dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
Check Dividends