SPDR MSCI (Switzerland) Performance
| SMCX Etf | CHF 290.80 0.45 0.15% |
The entity has a beta of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SPDR MSCI are expected to decrease at a much lower rate. During the bear market, SPDR MSCI is likely to outperform the market.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR MSCI Europe are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, SPDR MSCI may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
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SPDR MSCI Relative Risk vs. Return Landscape
If you would invest 27,005 in SPDR MSCI Europe on January 31, 2024 and sell it today you would earn a total of 2,075 from holding SPDR MSCI Europe or generate 7.68% return on investment over 90 days. SPDR MSCI Europe is generating 0.121% of daily returns and assumes 0.8308% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than SPDR, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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SPDR MSCI Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR MSCI's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR MSCI Europe, and traders can use it to determine the average amount a SPDR MSCI'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 = 0.1456
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Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.12 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 MSCI 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 MSCI by adding it to a well-diversified portfolio.
SPDR MSCI Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR MSCI, and SPDR MSCI 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.
| Total Asset | 271.27 M | |||
About SPDR MSCI Performance
To evaluate SPDR MSCI Europe 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 MSCI 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 MSCI Europe 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.The investment objective of the tracker is to replicate the performance of the MSCI Europe small cap net dividends reinvested. SPDR MSCI is traded on Switzerland Exchange in Switzerland.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR MSCI Europe. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.