SPDR Portfolio Etf Performance

SPHY -  USA Etf  

USD 26.59  0.03  0.11%

The entity has a beta of 0.1915, which indicates not very significant fluctuations relative to the market. Let's try to break down what SPDR Portfolio's beta means in this case. As returns on the market increase, SPDR Portfolio returns are expected to increase less than the market. However, during the bear market, the loss on holding SPDR Portfolio will be expected to be smaller as well. Even though it is essential to pay attention to SPDR Portfolio High current price movements, it is always good to be careful when utilizing equity historical returns. Our approach towards measuring any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SPDR Portfolio High exposes twenty-one different technical indicators, which can help you to evaluate its performance.

SPDR Portfolio Etf Performance 

 
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 SPDR Portfolio Performance
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Over the last 90 days SPDR Portfolio High has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong technical indicators, SPDR Portfolio is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more

SPDR Portfolio Price Channel

Fifty Two Week Low25.14
Fifty Two Week High27.00

SPDR Portfolio Relative Risk vs. Return Landscape

If you would invest  2,684  in SPDR Portfolio High on July 26, 2021 and sell it today you would lose (25.00)  from holding SPDR Portfolio High or give up 0.93% of portfolio value over 90 days. SPDR Portfolio High is currently does not generate positive expected returns and assumes 0.208% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than SPDR Portfolio, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days SPDR Portfolio is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 3.4 times less risky than the market. the firm trades about -0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 of returns per unit of risk over similar time horizon.

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 High, 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 = -0.0682

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Estimated Market Risk
 0.21
  actual daily
 
 1 %
of total potential
 
11
Expected Return
 -0.01
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 0 %
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Risk-Adjusted Return
 -0.07
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Based on monthly moving average SPDR Portfolio 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 SPDR Portfolio by adding it to a well-diversified portfolio.

About SPDR Portfolio Performance

To evaluate SPDR Portfolio High 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 Portfolio 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 High stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents SPDR Portfolio'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 seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of ICE BofA US High Yield Index. SPDR Portfolio is traded on NYSEArca Exchange in the United States.

Things to note about SPDR Portfolio High

Checking the ongoing alerts about SPDR Portfolio for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SPDR Portfolio High help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

SPDR Portfolio Alerts

Equity Alerts and Improvement Suggestions

SPDR Portfolio High generated a negative expected return over the last 90 days
SPDR Portfolio High is unlikely to experience financial distress in the next 2 years
On 1st of October 2021 SPDR Portfolio paid $ 0.1085 per share dividend to its current shareholders
The fund maintains about 97.74% of its assets in bonds
Additionally, take a look at World Market Map. Note that the SPDR Portfolio High information on this page should be used as a complementary analysis to other SPDR Portfolio's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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When running SPDR Portfolio High price analysis, check to measure SPDR Portfolio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR Portfolio is operating at the current time. Most of SPDR Portfolio's value examination focuses on studying past and present price action to predict the probability of SPDR Portfolio's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPDR Portfolio's price. Additionally, you may evaluate how the addition of SPDR Portfolio to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR Portfolio High is measured differently than its book value, which is the value of SPDR Portfolio 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 SPDR Portfolio value 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.