Spdr Portfolio High Etf Performance

SPHY Etf  USD 23.51  0.12  0.51%   
The entity has a beta of 0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPDR Portfolio's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Portfolio 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 Portfolio High are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. 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
1
Chart of the Week High Yield Gaining Traction With Advisors - Yahoo Finance
01/04/2024
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Trading Signals - Stock Traders Daily
02/02/2024
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WCG Wealth Advisors LLC Has 1.26 Million Stock Position in SPDR Portfolio High Yield Bond ETF
02/16/2024
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Long Term Trading Analysis for - Stock Traders Daily.com
02/23/2024
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Ameriprise Financial Inc. Has 55.53 Million Stake in SPDR Portfolio High Yield Bond ETF - Defense World
03/11/2024
In Threey Sharp Ratio-0.04
  

SPDR Portfolio Relative Risk vs. Return Landscape

If you would invest  2,307  in SPDR Portfolio High on December 29, 2023 and sell it today you would earn a total of  44.00  from holding SPDR Portfolio High or generate 1.91% return on investment over 90 days. SPDR Portfolio High is currently generating 0.0314% in daily expected returns and assumes 0.2862% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% 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.
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Given the investment horizon of 90 days SPDR Portfolio is expected to generate 4.23 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.0 times less risky than the market. It trades about 0.11 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 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 = 0.1097

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Estimated Market Risk

 0.29
  actual daily
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98% of assets are more volatile

Expected Return

 0.03
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Most of other assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average SPDR Portfolio is performing at about 8% 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.

SPDR Portfolio Fundamentals Growth

SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Portfolio, and SPDR Portfolio 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 Asset735.28 M

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 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 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 fund invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. SPDR Portfolio is traded on NYSEARCA Exchange in the United States.
Latest headline from news.google.com: Ameriprise Financial Inc. Has 55.53 Million Stake in SPDR Portfolio High Yield Bond ETF - Defense World
The fund maintains about 12.58% of its assets in bonds
When determining whether SPDR Portfolio High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Portfolio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Portfolio High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Portfolio High Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Portfolio High. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
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 the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for SPDR Etf analysis

When running SPDR Portfolio's 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 the 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 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 if SPDR Portfolio is a good investment 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.