Ssga Active Trust Etf Performance
| HYBL Etf | USD 28.60 0.02 0.07% |
The entity has a beta of 0.0773, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SSGA Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding SSGA Active is expected to be smaller as well.
Risk-Adjusted Performance
24 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in SSGA Active Trust are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent fundamental drivers, SSGA Active is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | How the price action is used to our Advantage - Stock Traders Daily | 09/23/2024 |
2 | SPDR Blackstone High Income ETF declares monthly distribution of 0.1826 | 11/04/2024 |
SSGA |
SSGA Active Relative Risk vs. Return Landscape
If you would invest 2,791 in SSGA Active Trust on August 26, 2024 and sell it today you would earn a total of 69.00 from holding SSGA Active Trust or generate 2.47% return on investment over 90 days. SSGA Active Trust is currently generating 0.0377% in daily expected returns and assumes 0.1189% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than SSGA, 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 |
SSGA Active Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSGA Active's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SSGA Active Trust, and traders can use it to determine the average amount a SSGA Active'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 = 0.3168
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HYBL |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 24 76% of assets perform better |
Based on monthly moving average SSGA Active is performing at about 24% 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 SSGA Active by adding it to a well-diversified portfolio.
SSGA Active Fundamentals Growth
SSGA Etf prices reflect investors' perceptions of the future prospects and financial health of SSGA Active, and SSGA Active 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 SSGA Etf performance.
| Total Asset | 115.05 M | |||
About SSGA Active Performance
By examining SSGA Active's fundamental ratios, stakeholders can obtain critical insights into SSGA Active's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that SSGA Active is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Under normal circumstances, the Sub-Adviser will invest the funds assets primarily in U.S. dollar denominated high yield debt securities. SPDR Series is traded on BATS Exchange in the United States.| Latest headline from seekingalpha.com: SPDR Blackstone High Income ETF declares monthly distribution of 0.1826 | |
| The fund retains about 11.27% of its assets under management (AUM) in fixed income securities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SSGA Active Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.