SSgA SPDR (France) Performance
| JNKE Etf | EUR 51.23 0.18 0.35% |
The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SSgA SPDR's returns are expected to increase less than the market. However, during the bear market, the loss of holding SSgA SPDR is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days SSgA SPDR ETFs has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, SSgA SPDR is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Fifty Two Week Low | 54.13 | |
| Fifty Two Week High | 58.20 |
SSgA |
SSgA SPDR Relative Risk vs. Return Landscape
If you would invest 5,134 in SSgA SPDR ETFs on January 28, 2024 and sell it today you would lose (11.00) from holding SSgA SPDR ETFs or give up 0.21% of portfolio value over 90 days. SSgA SPDR ETFs is generating negative expected returns and assumes 0.5685% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than SSgA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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SSgA SPDR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSgA SPDR's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SSgA SPDR ETFs, and traders can use it to determine the average amount a SSgA SPDR'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 = -0.0032
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| Negative Returns | JNKE |
Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SSgA SPDR is not performing at its full potential. However, 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 SSgA SPDR by adding SSgA SPDR to a well-diversified portfolio.
SSgA SPDR Fundamentals Growth
SSgA Etf prices reflect investors' perceptions of the future prospects and financial health of SSgA SPDR, and SSgA SPDR 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 SSgA Etf performance.
| Total Asset | 631.66 M | |||
About SSgA SPDR Performance
To evaluate SSgA SPDR ETFs 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 SSgA SPDR 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 SSgA 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 SSgA SPDR ETFs market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents SSgA'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 objective of the SPDR Barclays Euro High Yield Bond UCITS ETF is to track the performance of the fixed-rate, Euro-denominated high yield corporate bond market. SPDR Blmbrg is traded on Paris Stock Exchange in France.| SSgA SPDR ETFs generated a negative expected return over the last 90 days | |
| The fund retains about 98.21% of its assets under management (AUM) in fixed income securities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SSgA SPDR ETFs. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.