Spdr Ssga Ultra Etf Performance
| ULST Etf | USD 40.42 0.01 0.02% |
The entity has a beta of 0.0309, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR SSgA's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR SSgA is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SSgA Ultra are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, SPDR SSgA is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Envestnet Asset Management Inc. Has 12.10 Million Stock Holdings in SPDR SSgA Ultra Short Term Bond ETF ... - Defense World | 03/01/2024 |
2 | SPDR SSgA Ultra Short Term Bond ETF Stock Holdings Cut by WT Wealth Management | 03/12/2024 |
3 | Learn to Evaluate using the Charts - Stock Traders Daily | 03/26/2024 |
4 | Raymond James Associates Takes Position in SPDR SSgA Ultra Short Term Bond ETF - Defense World | 04/05/2024 |
5 | Investment Analysis and Advice - Stock Traders Daily | 04/25/2024 |
| In Threey Sharp Ratio | -0.68 |
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SPDR SSgA Relative Risk vs. Return Landscape
If you would invest 4,005 in SPDR SSgA Ultra on January 30, 2024 and sell it today you would earn a total of 36.00 from holding SPDR SSgA Ultra or generate 0.9% return on investment over 90 days. SPDR SSgA Ultra is currently generating 0.0142% in daily expected returns and assumes 0.0543% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than SPDR, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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SPDR SSgA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SSgA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SSgA Ultra, and traders can use it to determine the average amount a SPDR SSgA'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 = 0.2618
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Based on monthly moving average SPDR SSgA is performing at about 20% 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 SSgA by adding it to a well-diversified portfolio.
SPDR SSgA Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SSgA, and SPDR SSgA 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 | 344.3 M | |||
About SPDR SSgA Performance
To evaluate SPDR SSgA Ultra 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 SSgA 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 SSgA Ultra 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 Adviser invests, under normal circumstances, at least 80 percent of the funds net assets in a portfolio of U.S. dollar-denominated investment-grade fixed income securities. SSGA Ultra is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Investment Analysis and Advice - Stock Traders Daily | |
| The fund keeps about 11.99% of its net assets in bonds |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR SSgA Ultra. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of SPDR SSgA Ultra is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SSgA's value that differs from its market value or its book value, called intrinsic value, which is SPDR SSgA'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 SSgA's market value can be influenced by many factors that don't directly affect SPDR SSgA'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 SSgA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SSgA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SSgA'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.