Spdr Ssga My2027 Etf Performance
| MYCG Etf | 24.70 0.01 0.04% |
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SPDR SSGA are completely uncorrelated.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR SSGA My2027 are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable fundamental indicators, SPDR SSGA is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | SPDR SSGA My2027 Corporate Bond declares monthly distribution of 0.0857 | 11/04/2024 |
2 | SPDR SSGA My2027 Corporate Bond ETF declares monthly distribution of 0.0883 | 12/02/2024 |
3 | SPDR SSGA My2027 Corporate Bond ETF declares monthly distribution of 0.0917 | 12/19/2024 |
4 | SPDR SSGA My2027 Corporate Bond ETF Increases Dividend to 0.09 Per Share | 12/20/2024 |
SPDR |
SPDR SSGA Relative Risk vs. Return Landscape
If you would invest 2,462 in SPDR SSGA My2027 on October 6, 2024 and sell it today you would earn a total of 8.00 from holding SPDR SSGA My2027 or generate 0.32% return on investment over 90 days. SPDR SSGA My2027 is currently generating 0.0053% in daily expected returns and assumes 0.1231% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than SPDR, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SPDR SSGA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SSGA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR SSGA My2027, and traders can use it to determine the average amount a SPDR SSGA'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 = 0.0431
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| Negative Returns | MYCG |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average SPDR SSGA is performing at about 3% of its full potential. 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 SSGA by adding it to a well-diversified portfolio.
SPDR SSGA Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR SSGA, and SPDR SSGA 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.
| Return On Asset | -727.25 | |||
| Operating Margin | (312.59) % | |||
| Current Valuation | 1.08 M | |||
| Shares Outstanding | 13.71 M | |||
| Price To Sales | 10.99 X | |||
| Revenue | 62.4 K | |||
| Cash And Equivalents | 5.44 K | |||
| Total Debt | 397.19 K | |||
| Book Value Per Share | (0.04) X | |||
| Cash Flow From Operations | (26.89 K) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 5 K | |||
| Retained Earnings | (1.07 M) | |||
| Current Asset | 5 K | |||
| Current Liabilities | 483 K |
About SPDR SSGA Performance
By analyzing SPDR SSGA's fundamental ratios, stakeholders can gain valuable insights into SPDR SSGA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPDR SSGA has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SPDR SSGA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bright Mountain Holdings, Inc. is based in Delray Beach, Florida.| SPDR SSGA My2027 currently holds 397.19 K in liabilities. SPDR SSGA My2027 has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist SPDR SSGA until it has trouble settling it off, either with new capital or with free cash flow. So, SPDR SSGA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SPDR SSGA My2027 sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SPDR to invest in growth at high rates of return. When we think about SPDR SSGA's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 62.4 K. Net Loss for the year was (424.73 K) with profit before overhead, payroll, taxes, and interest of 25.16 K. | |
| SPDR SSGA My2027 currently holds about 5.44 K in cash with (26.89 K) of positive cash flow from operations. | |
| Latest headline from thelincolnianonline.com: SPDR SSGA My2027 Corporate Bond ETF Increases Dividend to 0.09 Per Share |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SSGA My2027. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of SPDR SSGA My2027 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.