Spdr Galaxy Transformative Etf Performance
| TEKX Etf | 32.64 0.05 0.15% |
The entity has a beta of -0.0512, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SPDR Galaxy are expected to decrease at a much lower rate. During the bear market, SPDR Galaxy is likely to outperform the market.
Risk-Adjusted Performance
Strong
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Galaxy Transformative are ranked lower than 27 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain forward-looking signals, SPDR Galaxy showed solid returns over the last few months and may actually be approaching a breakup point. ...more
SPDR Galaxy Relative Risk vs. Return Landscape
If you would invest 2,006 in SPDR Galaxy Transformative on April 20, 2025 and sell it today you would earn a total of 1,258 from holding SPDR Galaxy Transformative or generate 62.71% return on investment over 90 days. SPDR Galaxy Transformative is currently generating 0.8145% in daily expected returns and assumes 2.3296% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of etfs are less volatile than SPDR, and 84% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SPDR Galaxy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Galaxy's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Galaxy Transformative, and traders can use it to determine the average amount a SPDR Galaxy'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 = 0.3496
| Best Portfolio | Best Equity | |||
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| Small Returns | TEKX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average SPDR Galaxy is performing at about 27% 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 Galaxy by adding it to a well-diversified portfolio.
About SPDR Galaxy Performance
Evaluating SPDR Galaxy's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if SPDR Galaxy 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 Galaxy 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.
SPDR Galaxy is entity of United States. It is traded as Etf on NASDAQ exchange.