SPDR SP Etf Profile

SIMS
 Etf
  

USD 35.47  0.29  0.81%   

Market Performance
0 of 100
Odds Of Distress
Less than 41
SPDR SP is selling at 35.47 as of the 2nd of December 2022; that is -0.81 percent decrease since the beginning of the trading day. The etf's lowest day price was 0.0. SPDR SP has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for SPDR SP Kensho are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2022 and ending today, the 2nd of December 2022. Click here to learn more.
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR Kensho is traded on NYSEARCA Exchange in the United States. More on SPDR SP Kensho

Moving together with SPDR SP

+0.89INTCIntel Downward RallyPairCorr

SPDR SP Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR SP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR SP or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SPDR SP Kensho was previously known as SPDR SP KENSHO and was traded on NYSEARCA Exchange under the symbol XKII.
The fund maintains 99.9% of its assets in stocks
Older SymbolXKII
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SPDR SP's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerSSgA
Inception Date2017-12-26
BenchmarkS&P Kensho Intelligent Infrastructure Index
Entity TypeRegulated Investment Company
Asset Under Management29.02 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorState Street Global Advisors Funds Management Inc.
AdvisorSSGA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerMichael Feehily, Mark Krivitsky, Kala ODonnell
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents62.0
Market MakerVirtu Financial
Total Expense0.45
Management Fee0.45
Nav Price34.29
Two Hundred Day Average36.09
Ytd-24.15%
Average Daily Volume In Three Month4.47k
Fifty Two Week Low30.37
As Of Date25th of October 2022
Average Daily Volume Last 10 Day1.52k
Fifty Two Week High47.15
One Month3.74%
Fifty Day Average33.81
Three Month-0.52%
Beta In Three Year1.36
SPDR SP Kensho [SIMS] is traded in USA and was established 2017-12-18. SPDR SP Kensho was previously known as SPDR SP KENSHO and was traded on NYSEARCA Exchange under the symbol XKII. The fund is listed under Infrastructure category and is part of SPDR State Street Global Advisors family. SPDR SP Kensho at this time have 29.26 M in assets. , while the total return for the last 3 years was 4.99%.
Check SPDR SP Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR SP Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR SP Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR SP Kensho Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top SPDR SP Kensho Constituents

SPDR SP Target Price Odds Analysis

In regard to a normal probability distribution, the odds of SPDR SP jumping above the current price in 90 days from now is about 27.12%. The SPDR SP Kensho probability density function shows the probability of SPDR SP etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.4085. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SPDR SP will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SPDR SP Kensho is significantly underperforming NYSE Composite.
  Odds Below 35.47HorizonTargetOdds Above 35.47
72.68%90 days
 35.47 
27.12%
Based on a normal probability distribution, the odds of SPDR SP to move above the current price in 90 days from now is about 27.12 (This SPDR SP Kensho probability density function shows the probability of SPDR SP Etf to fall within a particular range of prices over 90 days) .

SPDR SP Kensho Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR SP market risk premium is the additional return an investor will receive from holding SPDR SP long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR SP's alpha and beta are two of the key measurements used to evaluate SPDR SP's performance over the market, the standard measures of volatility play an important role as well.

SPDR SP Against Markets

Picking the right benchmark for SPDR SP etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR SP etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR SP is critical whether you are bullish or bearish towards SPDR SP Kensho at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR SP without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in SPDR SP Kensho?

The danger of trading SPDR SP Kensho is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR SP is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR SP. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR SP Kensho is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running SPDR SP Kensho price analysis, check to measure SPDR SP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR SP is operating at the current time. Most of SPDR SP's value examination focuses on studying past and present price action to predict the probability of SPDR SP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPDR SP's price. Additionally, you may evaluate how the addition of SPDR SP to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR SP Kensho is measured differently than its book value, which is the value of SPDR SP 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 SPDR SP value 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.