Spear Alpha Etf Performance
| SPRX Etf | USD 31.35 0.44 1.42% |
The entity has a beta of 1.4, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Spear Alpha will likely underperform.
Risk-Adjusted Performance
Very Strong
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Spear Alpha ETF are ranked lower than 34 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Spear Alpha showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Cloudflare Boosts Japan Security Services With Rakuten Mobile Partnership | 04/24/2025 |
2 | Technical Data - news.stocktradersdaily.com | 05/14/2025 |
3 | Investment Report - news.stocktradersdaily.com | 06/04/2025 |
4 | Discretionary transaction by Hart Ronald W of 153846 shares of Spear Alpha at 0.78 subject to Rule 16b-3 | 06/09/2025 |
5 | Spear Alpha ETF Short Interest Down 25.3 percent in May | 06/18/2025 |
| In Threey Sharp Ratio | 0.74 |
Spear Alpha Relative Risk vs. Return Landscape
If you would invest 1,826 in Spear Alpha ETF on April 21, 2025 and sell it today you would earn a total of 1,309 from holding Spear Alpha ETF or generate 71.69% return on investment over 90 days. Spear Alpha ETF is currently generating 0.8812% in daily expected returns and assumes 2.0114% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of etfs are less volatile than Spear, and 83% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Spear Alpha Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spear Alpha's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Spear Alpha ETF, and traders can use it to determine the average amount a Spear Alpha'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 = 0.4381
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SPRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.01 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.44 actual daily | 34 66% of assets perform better |
Based on monthly moving average Spear Alpha is performing at about 34% 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 Spear Alpha by adding it to a well-diversified portfolio.
Spear Alpha Fundamentals Growth
Spear Etf prices reflect investors' perceptions of the future prospects and financial health of Spear Alpha, and Spear Alpha 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 Spear Etf performance.
| Total Asset | 2.91 M | |||
About Spear Alpha Performance
Evaluating Spear Alpha's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Spear Alpha 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 Spear Alpha 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.
The fund is an actively-managed exchange-traded fund that will invest primarily in equity securities, including common stock or American depositary receipts of companies that Spear Advisors LLC believes are poised to benefit from breakthrough innovation in industrial technology. Spear Alpha is traded on NASDAQ Exchange in the United States.| Spear is showing solid risk-adjusted performance over 90 days |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spear Alpha ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of Spear Alpha ETF is measured differently than its book value, which is the value of Spear that is recorded on the company's balance sheet. Investors also form their own opinion of Spear Alpha's value that differs from its market value or its book value, called intrinsic value, which is Spear Alpha'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 Spear Alpha's market value can be influenced by many factors that don't directly affect Spear Alpha'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 Spear Alpha's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spear Alpha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spear Alpha'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.