SSgA SPDR (France) Profile
| JNKE Etf | EUR 51.04 0.07 0.14% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SSgA SPDR is trading at 51.04 as of the 19th of April 2024, a 0.14 percent increase since the beginning of the trading day. The etf's open price was 50.97. SSgA SPDR has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SSgA SPDR ETFs are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The objective of the SPDR Barclays Euro High Yield Bond UCITS ETF is to track the performance of the fixed-rate, Euro-denominated high yield corporate bond market. SPDR Blmbrg is traded on Paris Stock Exchange in France. More on SSgA SPDR ETFs
SSgA 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. SSgA SPDR's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SSgA SPDR or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | null, State Street Global Advisors (View all Sectors) |
| Beta In Three Year | 0.95 |
| As Of Date | May 31, 2019 |
SSgA SPDR ETFs [JNKE] is traded in France and was established 2012-02-03. The fund is listed under null category and is part of State Street Global Advisors family. SSgA SPDR ETFs currently have 631.66 M in assets under management (AUM). , while the total return for the last 3 years was 3.2%.
Check SSgA SPDR Probability Of Bankruptcy
SSgA SPDR Target Price Odds Analysis
What are SSgA SPDR's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SSgA SPDR jumping above the current price in 90 days from now is about 75.67%. The SSgA SPDR ETFs probability density function shows the probability of SSgA SPDR etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SSgA SPDR has a beta of 0.0348. This indicates as returns on the market go up, SSgA SPDR average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SSgA SPDR ETFs will be expected to be much smaller as well. Additionally, sSgA SPDR ETFs has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of SSgA SPDR to move above the current price in 90 days from now is about 75.67 (This SSgA SPDR ETFs probability density function shows the probability of SSgA Etf to fall within a particular range of prices over 90 days) .
SSgA SPDR ETFs Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SSgA SPDR market risk premium is the additional return an investor will receive from holding SSgA SPDR 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 SSgA SPDR. 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 SSgA SPDR's alpha and beta are two of the key measurements used to evaluate SSgA SPDR's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.475 | |||
| Standard Deviation | 1.01 | |||
| Variance | 1.02 | |||
| Risk Adjusted Performance | (0.02) |
SSgA SPDR ETFs Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. SSgA SPDR ETFs Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe SSgA SPDR price patterns.
SSgA SPDR Against Markets
Picking the right benchmark for SSgA SPDR 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 SSgA SPDR 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 SSgA SPDR is critical whether you are bullish or bearish towards SSgA SPDR ETFs at a given time. Please also check how SSgA SPDR's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in SSgA SPDR 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.Did you try this?
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How to buy SSgA Etf?
Before investing in SSgA SPDR, 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 SSgA SPDR. To buy SSgA SPDR etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SSgA SPDR. 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 SSgA SPDR etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SSgA SPDR ETFs 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 SSgA SPDR ETFs 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 SSgA SPDR ETFs, 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.
Already Invested in SSgA SPDR ETFs?
The danger of trading SSgA SPDR ETFs 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 SSgA SPDR 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 SSgA SPDR. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SSgA SPDR ETFs 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SSgA SPDR ETFs. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.