Spdr Ssga My2028 Etf Performance
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SPDR SSGA are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days SPDR SSGA My2028 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong primary indicators, SPDR SSGA is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders. ...more
SPDR SSGA Relative Risk vs. Return Landscape
If you would invest 2,417 in SPDR SSGA My2028 on May 6, 2025 and sell it today you would earn a total of 27.00 from holding SPDR SSGA My2028 or generate 1.12% return on investment over 90 days. SPDR SSGA My2028 is currently generating 0.018% in daily expected returns and assumes 0.1129% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% 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 My2028, 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 = 0.1592
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Estimated Market Risk
| 0.11 actual daily | 0 100% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average SPDR SSGA is performing at about 12% 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.
About SPDR SSGA Performance
By evaluating SPDR SSGA's fundamental ratios, stakeholders can gain valuable insights into SPDR SSGA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPDR SSGA has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SPDR SSGA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.