Spdr Sp Insurance Etf Performance
| KIE Etf | USD 48.28 0.56 1.17% |
The entity has a beta of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPDR SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR SP is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SP Insurance are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound forward indicators, SPDR SP is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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5 | Stratos Wealth Advisors LLC Sells 2861 Shares of SPDR SP Insurance ETF - Defense World | 04/10/2024 |
6 | SPDR SP Insurance ETF Shares Acquired by Raymond James Associates - Defense World | 04/18/2024 |
| In Threey Sharp Ratio | 0.71 |
SPDR |
SPDR SP Relative Risk vs. Return Landscape
If you would invest 4,723 in SPDR SP Insurance on January 20, 2024 and sell it today you would earn a total of 105.00 from holding SPDR SP Insurance or generate 2.22% return on investment over 90 days. SPDR SP Insurance is generating 0.0378% of daily returns assuming volatility of 0.7708% on return distribution over 90 days investment horizon. In other words, 6% of etfs are less volatile than SPDR, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
SPDR SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SP Insurance, and traders can use it to determine the average amount a SPDR SP'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 = 0.0491
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KIE |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average SPDR SP is performing at about 3% 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 SP by adding it to a well-diversified portfolio.
SPDR SP Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SP, and SPDR SP 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.
| Return On Equity | -44.23 | |||
| Return On Asset | -9.08 | |||
| Shares Outstanding | 104.24 M | |||
| Price To Earning | 13.45 X | |||
| Price To Book | 1.16 X | |||
| Price To Sales | 1.17 X | |||
| Revenue | 3.26 B | |||
| EBITDA | (323.86 M) | |||
| Cash And Equivalents | 249.02 M | |||
| Cash Per Share | (0.84) X | |||
| Debt To Equity | 0.75 % | |||
| Cash Flow From Operations | (76.39 M) | |||
| Earnings Per Share | (1.87) X | |||
| Total Asset | 422.58 M | |||
| Current Asset | 1.18 B | |||
| Current Liabilities | 1.2 B | |||
About SPDR SP Performance
To evaluate SPDR SP Insurance 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 SP 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 SP Insurance 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.In seeking to track the performance of the SP Insurance Select Industry Index , the fund employs a sampling strategy. SP Insurance is traded on NYSEARCA Exchange in the United States.| The company reported the last year's revenue of 3.26 B. Reported Net Loss for the year was (247.38 M). | |
| The fund generated-1.0 ten year return of -1.0% | |
| Roughly 70.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: SPDR SP Insurance ETF Shares Acquired by Raymond James Associates - Defense World | |
| SPDR SP Insurance maintains 99.7% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SP Insurance. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of SPDR SP Insurance 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.