Spdr Nuveen Bloomberg Etf Performance
| SHM Etf | USD 47.73 0.04 0.08% |
The entity has a beta of 0.0352, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR Nuveen's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Nuveen is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days SPDR Nuveen Bloomberg has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical indicators, SPDR Nuveen is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.98 |
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SPDR Nuveen Relative Risk vs. Return Landscape
If you would invest 4,770 in SPDR Nuveen Bloomberg on September 15, 2024 and sell it today you would earn a total of 3.00 from holding SPDR Nuveen Bloomberg or generate 0.06% return on investment over 90 days. SPDR Nuveen Bloomberg is generating 0.0011% of daily returns assuming volatility of 0.1344% on return distribution over 90 days investment horizon. In other words, 1% of etfs are less volatile than SPDR, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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SPDR Nuveen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Nuveen's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Nuveen Bloomberg, and traders can use it to determine the average amount a SPDR Nuveen'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 = 0.0079
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Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR Nuveen is not performing at its full potential. However, 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 Nuveen by adding SPDR Nuveen to a well-diversified portfolio.
SPDR Nuveen Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Nuveen, and SPDR Nuveen 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.
| Total Asset | 4.6 B | |||
About SPDR Nuveen Performance
By examining SPDR Nuveen's fundamental ratios, stakeholders can obtain critical insights into SPDR Nuveen's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that SPDR Nuveen is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. Short-Term Muni is traded on NYSEARCA Exchange in the United States.| The fund maintains all of the assets in different exotic instruments |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Nuveen Bloomberg. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of SPDR Nuveen Bloomberg 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 Nuveen's value that differs from its market value or its book value, called intrinsic value, which is SPDR Nuveen'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 Nuveen's market value can be influenced by many factors that don't directly affect SPDR Nuveen'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 Nuveen's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Nuveen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Nuveen'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.