Ssga Active Trust Etf Bond Positions Weight
| MBNE Etf | USD 29.42 0.07 0.24% |
SSGA Active Trust fundamentals help investors to digest information that contributes to SSGA Active's financial success or failures. It also enables traders to predict the movement of SSGA Etf. The fundamental analysis module provides a way to measure SSGA Active's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SSGA Active etf.
SSGA |
SSGA Active Trust ETF Bond Positions Weight Analysis
SSGA Active's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
| Competition |
In accordance with the recently published financial statements, SSGA Active Trust has a Bond Positions Weight of 0.0%. This indicator is about the same for the SPDR State Street Global Advisors average (which is currently at 0.0) family and about the same as Muni National Interm (which currently averages 0.0) category. The bond positions weight for all United States etfs is 100.0% higher than that of the company.
SSGA Bond Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SSGA Active's direct or indirect competition against its Bond Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SSGA Active could also be used in its relative valuation, which is a method of valuing SSGA Active by comparing valuation metrics of similar companies.SSGA Active is currently under evaluation in bond positions weight as compared to similar ETFs.
SSGA Fundamentals
| Total Asset | 31.39 M | |||
| One Year Return | 1.90 % | |||
| Net Asset | 31.39 M |
About SSGA Active Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SSGA Active Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SSGA Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SSGA Active Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| ZLAB | Zai Lab | |
| ASLE | AerSale Corp | |
| ATS | AT S Austria |
Check out SSGA Active Piotroski F Score and SSGA Active Altman Z Score analysis. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of SSGA Active Trust is measured differently than its book value, which is the value of SSGA that is recorded on the company's balance sheet. Investors also form their own opinion of SSGA Active's value that differs from its market value or its book value, called intrinsic value, which is SSGA Active'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 SSGA Active's market value can be influenced by many factors that don't directly affect SSGA Active'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 SSGA Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSGA Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSGA Active'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.