SPDR SSGA Financials
| MYCK Etf | 24.11 0.04 0.17% |
SPDR |
The data published in SPDR SSGA's official financial statements typically reflect SPDR SSGA's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving SPDR SSGA's quantitative information. For example, before you start analyzing numbers published by SPDR accountants, it's essential to understand SPDR SSGA's liquidity, profitability, and earnings quality within the context of the Target Maturity space in which it operates.
SPDR SSGA Etf Summary
SPDR SSGA competes with IShares IBonds, IShares IBonds, IShares IBonds, and IShares IBonds. SPDR SSGA is entity of United States. It is traded as Etf on NASDAQ exchange.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 78470P762 |
| Region | North America |
| Investment Issuer | SSgA |
| Fund Category | Corporate |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
SPDR SSGA My2031 Systematic Risk
SPDR SSGA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SPDR SSGA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on SPDR SSGA My2031 correlated with the market. If Beta is less than 0 SPDR SSGA generally moves in the opposite direction as compared to the market. If SPDR SSGA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPDR SSGA My2031 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPDR SSGA is generally in the same direction as the market. If Beta > 1 SPDR SSGA moves generally in the same direction as, but more than the movement of the benchmark.
SPDR SSGA Thematic Clasifications
SPDR SSGA My2031 is part of several thematic ideas from Investment Grade ETFs to Corporate ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSPDR SSGA January 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SPDR SSGA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SPDR SSGA My2031. We use our internally-developed statistical techniques to arrive at the intrinsic value of SPDR SSGA My2031 based on widely used predictive technical indicators. In general, we focus on analyzing SPDR Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SPDR SSGA's daily price indicators and compare them against related drivers.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 1.74 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.3736 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SSGA My2031. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of SPDR SSGA My2031 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 SSGA's value that differs from its market value or its book value, called intrinsic value, which is SPDR SSGA'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 SSGA's market value can be influenced by many factors that don't directly affect SPDR SSGA'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 SSGA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SSGA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SSGA'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.