Spdr Sp Semiconductor Etf Performance
XSD Etf | USD 244.39 4.82 1.93% |
The entity has a beta of 1.81, 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, SPDR SP will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SP Semiconductor are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather inconsistent basic indicators, SPDR SP may actually be approaching a critical reversion point that can send shares even higher in July 2024. ...more
1 | SPDR SP Semiconductor ETF declares quarterly distribution of 0.0786 | 03/18/2024 |
2 | Should You Invest in the iShares Semiconductor ETF | 04/02/2024 |
3 | Raymond James Associates Sells 44162 Shares of SPDR SP Semiconductor ETF - Defense World | 04/11/2024 |
4 | Silicon Labs Still In Early Stages Of Recovery, CEO Says Citing Sharp Revenue Drop | 04/24/2024 |
5 | Signaturefd LLC Purchases 150 Shares of SPDR SP Semiconductor ETF - Defense World | 05/02/2024 |
In Threey Sharp Ratio | 0.39 |
SPDR |
SPDR SP Relative Risk vs. Return Landscape
If you would invest 23,144 in SPDR SP Semiconductor on March 9, 2024 and sell it today you would earn a total of 1,777 from holding SPDR SP Semiconductor or generate 7.68% return on investment over 90 days. SPDR SP Semiconductor is generating 0.1355% of daily returns assuming volatility of 1.8085% on return distribution over 90 days investment horizon. In other words, 16% of etfs are less volatile than SPDR, and above 98% 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 Semiconductor, 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 = 0.0749
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Estimated Market Risk
1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average SPDR SP is performing at about 5% 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.
Price To Earning | 3.31 X | |||
Price To Book | 2.42 X | |||
Price To Sales | 2.57 X | |||
Earnings Per Share | 10.04 X | |||
Total Asset | 973.29 M | |||
About SPDR SP Performance
To evaluate SPDR SP Semiconductor 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 Semiconductor 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 Semiconductor Select Industry Index , the fund employs a sampling strategy. SP Semiconductor is traded on NYSEARCA Exchange in the United States.Latest headline from zacks.com: Should You Invest in the iShares Semiconductor ETF | |
The fund keeps 99.82% of its net assets in stocks |
Additional Information and Resources on Investing in SPDR Etf
When determining whether SPDR SP Semiconductor is a strong investment it is important to analyze SPDR SP's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR SP's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Semiconductor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of SPDR SP Semiconductor 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.