Spdr Ssga Income Etf Profile

INKM Etf  USD 31.15  0.26  0.84%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
SPDR SSgA is selling at 31.15 as of the 28th of March 2024; that is 0.84 percent up since the beginning of the trading day. The etf's lowest day price was 31.0. SPDR SSgA has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for SPDR SSgA Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The Adviser primarily invests the assets of the fund among ETPs that provide exposure to five primary asset classes domestic and international equity securities domestic and international investment-grade and high yield debt securities hybrid equitydebt securities first lien senior secured floating rate bank loans, commonly referred to as Senior Loans and REITs, including equity REITs and mortgage REITs. More on SPDR SSgA Income

Moving together with SPDR Etf

  0.83RAAX VanEck Inflation AllPairCorr
  0.74MFUL Collaborative InvestmentPairCorr

Moving against SPDR Etf

  0.62WTID UBS ETRACS -PairCorr

SPDR Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR SSgA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR SSgA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationAsset Allocation ETFs, Target Outcome ETFs, Moderate Allocation, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date2012-04-25
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management73.67 Million
Average Trading Valume8,985.8
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Outcome
Market ConcentrationBlended Development
RegionGlobal
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerTimothy Furbush, Michael Martel, Jeremiah Holly, Lorne Johnson
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents25.0
Market MakerCitadel
Total Expense0.5
Management Fee0.5
Country NameUSA
Returns Y T D0.32
NameSPDR SSgA Income Allocation ETF
Currency CodeUSD
Open FigiBBG002XY89W1
In Threey Volatility11.28
1y Volatility11.23
200 Day M A30.0787
50 Day M A30.7754
CodeINKM
Updated At27th of March 2024
Currency NameUS Dollar
SPDR SSgA Income [INKM] is traded in USA and was established 2012-04-25. The fund is listed under Moderate Allocation category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Asset Allocation ETFs. SPDR SSgA me currently have 84.71 M in assets under management (AUM). , while the total return for the last 3 years was 0.6%.
Check SPDR SSgA Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR SSgA Income Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top SPDR SSgA Income Etf Constituents

DWXSPDR SP InternationalEtfForeign Large Value
SRLNSPDR Blackstone SeniorEtfBank Loan
SPYDSPDR Portfolio SPEtfLarge Value
SPTLSPDR Barclays LongEtfLong Government
SPLBSPDR Barclays LongEtfLong-Term Bond
SPIBSPDR Barclays IntermediateEtfCorporate Bond
REMIShares Mortgage RealEtfReal Estate
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SPDR SSgA Target Price Odds Analysis

Contingent on a normal probability distribution, the odds of SPDR SSgA jumping above the current price in 90 days from now is about 1.1%. The SPDR SSgA Income probability density function shows the probability of SPDR SSgA etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SPDR SSgA has a beta of 0.605. This usually indicates as returns on the market go up, SPDR SSgA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR SSgA Income will be expected to be much smaller as well. Additionally, sPDR SSgA Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 31.15HorizonTargetOdds Above 31.15
98.81%90 days
 31.15 
1.10%
Based on a normal probability distribution, the odds of SPDR SSgA to move above the current price in 90 days from now is about 1.1 (This SPDR SSgA Income probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .

SPDR SSgA Top Holders

QBDSXQuantified Managed IncomeMutual FundAllocation--15% to 30% Equity
QBDAXQuantified Managed IncomeMutual FundAllocation--15% to 30% Equity
QALAXQuantified Alternative InvestmentMutual FundMacro Trading
QALTXQuantified Alternative InvestmentMutual FundMacro Trading
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SPDR SSgA me Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR SSgA market risk premium is the additional return an investor will receive from holding SPDR SSgA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR SSgA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR SSgA's alpha and beta are two of the key measurements used to evaluate SPDR SSgA's performance over the market, the standard measures of volatility play an important role as well.

SPDR SSgA Against Markets

Picking the right benchmark for SPDR SSgA etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR SSgA etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR SSgA is critical whether you are bullish or bearish towards SPDR SSgA Income at a given time. Please also check how SPDR SSgA's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR SSgA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Fundamental Analysis

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How to buy SPDR Etf?

Before investing in SPDR SSgA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SPDR SSgA. To buy SPDR SSgA etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR SSgA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase SPDR SSgA etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located SPDR SSgA Income etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased SPDR SSgA Income etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SPDR SSgA Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPDR Etf please use our How to Invest in SPDR SSgA guide.

Already Invested in SPDR SSgA Income?

The danger of trading SPDR SSgA Income is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR SSgA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR SSgA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR SSgA me is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SPDR SSgA me is a strong investment it is important to analyze SPDR SSgA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR SSgA's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SSgA Income. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for SPDR Etf analysis

When running SPDR SSgA's price analysis, check to measure SPDR SSgA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR SSgA is operating at the current time. Most of SPDR SSgA's value examination focuses on studying past and present price action to predict the probability of SPDR SSgA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR SSgA's price. Additionally, you may evaluate how the addition of SPDR SSgA to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR SSgA me 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.