SSGA SPDR (Netherlands) Volatility
| SWRD Etf | EUR 41.09 0.25 0.61% |
Across the designated horizon, SSGA SPDR ETFS continues to post a very low volatility profile. The current Sharpe Ratio (Efficiency) for SSGA SPDR ETFS is 0.0306, reflecting healthy reward-to-volatility behavior over the last 3 months. We found 30 technical indicators contributing to the current risk picture.
Sharpe Ratio = 0.0306
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SWRD |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Latest disclosures for SSGA SPDR ETFS show a Market Risk Adjusted Performance of 0.2%, a Risk of 0.64, and a Risk Adjusted Performance of 0.03%. Monthly data indicates SSGA SPDR is positioned around 2% of its historical movement range. In a well-diversified portfolio, overall dispersion would reflect cross-asset dynamics.
Key indicators related to SSGA SPDR's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
SSGA SPDR's beta measures how much SSGA SPDR's price moves relative to the broad market. Combined with total volatility, beta provides context forunderstand whether SSGA SPDR's risk is primarily market-driven or company-specific.
SSGA |
Volatility Strategy
Volatility in SSGA SPDR ETFS contributes to allocation risk depending on correlation. Current statistical measures show total volatility near 0.64% with a beta coefficient of 0.0592, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.0306, evaluates return per unit of total risk. An alpha value of 0.0174 reflects performance relative to systematic market exposure. Expected return estimates near 0.0197% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Deviation from NAV may influence short-term price dispersion.
Main indicators related to SSGA SPDR's market risk premium analysis include:
Beta 0.0592 | Alpha 0.0174 | Risk 0.64 | Sharpe Ratio 0.0306 | Expected Return 0.0197 |
Moving together with SSGA Etf
| 0.7 | VWRL | Vanguard FTSE All | PairCorr |
| 0.63 | IWRD | iShares MSCI World | PairCorr |
| 0.69 | VEVE | Vanguard FTSE Developed | PairCorr |
| 0.64 | TSWE | VanEck Sustainable World | PairCorr |
| 0.67 | IGSG | iShares Dow Jones | PairCorr |
| 0.62 | AUCO | LG Gold Mining | PairCorr |
Sensitivity To Market
SSGA SPDR ETFS relative market sensitivity is quantified by its beta value of 0.0592. This regression-derived coefficient reflects systematic risk. Total return variability is about 0.64%.This summary describes how SSGA SPDR ETFS has moved rather than why it moved. Standard deviation is near 0.64% and downside deviation is near 0.63%. ETF price swings can be influenced by underlying holdings liquidity and the gap between market price and NAV. Premium/discount to NAV is often expressed as (Price − NAV) / NAV × 100 when NAV is available.
3 Months Beta |Analyze SSGA SPDR ETFS Demand TrendCheck current 90 days SSGA SPDR correlation with market (Dow Jones Industrial)Downside Risk
Standard deviation of SSGA is a key measure of price volatility, reflecting the average daily deviation from the mean over the selected time period. High standard deviation means higher volatility; low standard deviation means stability.
Standard Deviation | 0.64 |
For investors in SSGA SPDR, understanding the difference between standard deviation and downside deviation is important. Standard deviation measures total volatility; downside deviation measures only the loss risk in SSGA SPDR's returns. Latest disclosures for SSGA SPDR ETFS show a Downside Deviation of 0.63, a Downside Variance of 0.40, and a Maximum Drawdown of 2.85.
Etf Volatility Analysis
Analyzing SSGA SPDR volatility is essential for any investor seeking to manage risk exposure effectively. Sharp swings in SSGA SPDR's etf price during volatile periods can trigger margin calls or forced exits.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. SSGA SPDR ETFS Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Assuming the 90-day trading horizon SSGA SPDR has a beta of 0.0592 . This usually implies as returns on the market go up, SSGA SPDR's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding SSGA SPDR ETFS is expected to be smaller as well.SSGA SPDR remains sensitive to broader etf market conditions in addition to company or sector-specific developments. Portfolio diversification mitigates only part of this exposure. Latest disclosures for SSGA SPDR ETFS show a Downside Deviation of 0.63, a Mean Deviation of 0.49, and a Semi Deviation of 0.59.
Predicted Return Density |
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What Drives SSGA SPDR's Price Volatility?
Several factors can influence SSGA SPDR's market volatility:Industry Dynamics
Sector-level events can directly affect SSGA SPDR's price stability. Regulatory changes, supply disruptions, or shifts in demand within SSGA SPDR's industry may create volatility even when the broader market is calm. Competitive dynamics and industry consolidation can also amplify price swings for companies like SSGA SPDR.Political and Economic Environment
Macroeconomic conditions and policy decisions shape the backdrop for SSGA SPDR's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward SSGA SPDR. During periods of economic expansion, SSGA SPDR's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.SSGA SPDR's Company-Specific Factors
Volatility can also stem from events unique to SSGA SPDR. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in SSGA SPDR's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on SSGA SPDR's share price.Etf Risk Measures
Assuming the 90-day trading horizon the coefficient of variation of SSGA SPDR is 3269.65. The daily returns are distributed with a variance of 0.41 and standard deviation of 0.64. The mean deviation of SSGA SPDR ETFS is currently at 0.49. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | 0.15 |
Etf Return Volatility
SSGA SPDR historical daily return volatility represents how much of SSGA SPDR etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The exchange-traded fund reported 0.6438% volatility on return distribution over a 90-day investment horizon. By contrast, Dow Jones Industrial has volatility of 0.8239% on return distribution over a 90-day investment horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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SSGA SPDR Constituents Risk-Adjusted Indicators
There is a big difference between SSGA Etf performing well and SSGA SPDR ETF doing well as a business compared to the competition. A thorough review of SSGA SPDR's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SWRD | 0.49 | 0.02 | 0.15 | 0.21 | 0.59 | 1.12 | 2.85 | |||
| AEXT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RTWO | 0.82 | 0.01 | 0.08 | -0.01 | 1.00 | 1.87 | 4.58 | |||
| EXCD | 1.06 | 0.22 | 0.15 | 0.26 | 1.46 | 1.99 | 8.33 | |||
| TOF | 0.38 | 0.04 | 0.19 | 0.16 | 0.51 | 0.80 | 2.36 | |||
| IEGZ | 0.25 | 0.00 | 0.00 | -0.11 | 0.00 | 0.51 | 1.64 | |||
| EMIM | 0.81 | 0.15 | 0.18 | 0.28 | 1.02 | 1.61 | 6.29 | |||
| IFRB | 0.18 | 0.00 | 0.25 | -0.07 | 0.30 | 0.36 | 1.11 | |||
| ISFA | 0.61 | 0.09 | 0.16 | 0.52 | 0.84 | 1.25 | 4.46 |
Risk Metrics, Assumptions & Methodology
Volatility for SSGA SPDR reflects price dispersion, spread stability, and underlying basket liquidity conditions. Return variability informs risk budgeting and diversification impact.
The analytics block for SSGA SPDR ETFS relies on fund disclosures and market reference feeds, with quality checks and normalization applied before rendering. Timing can vary by data vendor. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Raphi Shpitalnik - Junior Member of Macroaxis Editorial BoardSSGA SPDR Investment Opportunity
Recent data suggests that Dow Jones Industrial is meaningfully more volatile than SSGA SPDR ETFS, by roughly a 1.28x factor. That difference can matter when investors want a steadier position size or lower contribution to total portfolio risk.You can use SSGA SPDR ETFS to enhance the returns of your portfolios. This move summary looks at how the current session may translate into a basic near-term setup. It works best as a directional cue rather than as a standalone forecast. a moderate upward volatility. Check odds of SSGA SPDR to be traded at €45.2 in 90 days.Weak diversification
The correlation between SWRD and DJI is 0.33, which Macroaxis classifies as Weak diversification for the selected horizon. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
SSGA SPDR Additional Risk Indicators
Secondary risk indicators for SSGA SPDR ETFS can help investors evaluate exposure beyond standard deviation, beta, or one headline volatility measure. The practical goal is to identify how much risk is being accepted and whether that risk still fits the thesis.
| Risk Adjusted Performance | 0.0255 | |||
| Market Risk Adjusted Performance | 0.2196 | |||
| Mean Deviation | 0.4857 | |||
| Semi Deviation | 0.5905 | |||
| Downside Deviation | 0.6291 | |||
| Coefficient Of Variation | 2835.98 | |||
| Standard Deviation | 0.6355 |
SSGA SPDR Suggested Diversification Pairs
Using SSGA SPDR in a pair-trading setup can improve risk control because gains and losses are judged against a second position instead of against the market alone. Used properly, pair trading is less about prediction in isolation and more about identifying relative mispricing between related positions.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against SSGA SPDR as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. SSGA SPDR's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, SSGA SPDR's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to SSGA SPDR ETFS.
More Resources for SSGA Etf Analysis
Other Information on Investing in SSGA Etf
At SSGA SPDR, financial ratios outline links between core financial data. They outline how earnings and cash flow connect to company value.