SPDR SSGA My2031 Corporate Bond declares monthly distribution of 0.0923
| MYCK Etf | 24.12 0.08 0.33% |
About 54% of MYCK's investor base is interested to short. The current sentiment regarding investing in MYCK etf implies that many traders are impartial. MYCK's investing sentiment shows overall attitude of investors towards MYCK.
MYCK |
Discover the SPDR SSGA My2031 Corporate Bond ETF with a 30-Day SEC Yield of 4.85 percent and a current price of 0.0923.
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MYCK Fundamental Analysis
We analyze MYCK's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MYCK using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MYCK 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
MYCK is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
MYCK Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MYCK etf to make a market-neutral strategy. Peer analysis of MYCK could also be used in its relative valuation, which is a method of valuing MYCK by comparing valuation metrics with similar companies.
Peers
MYCK Related Equities
Check out MYCK Hype Analysis, MYCK Correlation and MYCK Performance. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of MYCK is measured differently than its book value, which is the value of MYCK that is recorded on the company's balance sheet. Investors also form their own opinion of MYCK's value that differs from its market value or its book value, called intrinsic value, which is MYCK'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 MYCK's market value can be influenced by many factors that don't directly affect MYCK'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 MYCK's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYCK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYCK'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.