SP 500 Performance

SP500-352020 -- USA Index  

 667.07  0.27  0.0405%

The entity owns Beta (Systematic Risk) of 0.0 which indicates the returns on MARKET and SP 500 are completely uncorrelated. Even though it is essential to pay attention to SP 500 Pharmaceuticals existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis approach towards measuring future performance of any index is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SP 500 exposes twenty-eight different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

SP 500 Pharmaceuticals Relative Risk vs. Return Landscape

If you would invest  66,862  in SP 500 Pharmaceuticals Indu on September 21, 2019 and sell it today you would lose (155.00)  from holding SP 500 Pharmaceuticals Indu or give up 0.23% of portfolio value over 30 days. SP 500 Pharmaceuticals Indu is generating negative expected returns and assumes 0.1639% volatility on return distribution over the 30 days horizon. Simply put, 1% of equities are less volatile than SP 500 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, SP 500 is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 6.03 times less risky than the market. the firm trades about -0.71 of its potential returns per unit of risk. The DOW is currently generating roughly -0.03 of returns per unit of risk over similar time horizon.

SP 500 Market Risk Analysis

Sharpe Ratio = -0.7071
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SP 500 Relative Performance Indicators

Estimated Market Risk
 0.16
  actual daily
 
 1 %
of total potential
 
11
Expected Return
 -0.12
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.71
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average SP 500 is performing at about 0% 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 SP 500 by adding it to a well-diversified portfolio.

SP 500 Alerts

Equity Alerts and Improvement Suggestions

SP 500 is not yet fully synchronised with the market data
See also Your Current Watchlist. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
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