SPDR Portfolio Etf Performance

SPYG
 Etf
  

USD 53.19  0.60  1.14%   

The entity has a beta of 1.2481, which indicates a somewhat significant risk relative to the market. Let's try to break down what SPDR Portfolio's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SPDR Portfolio will likely underperform. Even though it is essential to pay attention to SPDR Portfolio SP 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 SP exposes twenty-seven different technical indicators, which can help you to evaluate its performance.
  
SPDR Portfolio Performance
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Over the last 90 days SPDR Portfolio SP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Etf's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the fund shareholders. ...more

SPDR Portfolio Price Channel

Fifty Two Week Low47.91
Fifty Two Week High73.64
Trailing Annual Dividend Yield0.86%

SPDR Portfolio Relative Risk vs. Return Landscape

If you would invest  5,737  in SPDR Portfolio SP on September 9, 2022 and sell it today you would lose (478.00)  from holding SPDR Portfolio SP or give up 8.33% of portfolio value over 90 days. SPDR Portfolio SP is currently does not generate positive expected returns and assumes 2.0257% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% 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. In addition to that, the company is 1.35 times more volatile than its market benchmark. It trades about -0.06 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.02 per unit of volatility.

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 = -0.0572

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Estimated Market Risk
 2.03
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 17 %
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Expected Return
 -0.12
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Risk-Adjusted Return
 -0.06
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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 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 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 SP market performance in a much more refined way. 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 fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR SP is traded on NYSEARCA Exchange in the United States.

Things to note about SPDR Portfolio SP

Checking the ongoing alerts about SPDR Portfolio for important developments is a great way to find new opportunities for your next move. Etf alerts and notifications screener for SPDR Portfolio SP 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 SP generated a negative expected return over the last 90 days
SPDR Portfolio SP was previously known as SPDR PORTFOLIO SP and was traded on NYSEARCA Exchange under the symbol ELG.
The fund maintains 99.85% of its assets in stocks
Additionally, take a look at World Market Map. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running SPDR Portfolio SP 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 SP 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.