Ssga Etf Profile
SSgA is trading at 85.46 as of the 30th of January 2025; that is 0.73% down since the beginning of the trading day. The etf's open price was 86.09. The performance scores are derived for the period starting the 31st of December 2024 and ending today, the 30th of January 2025. Click here to learn more.
SSgA Etf Highlights
| President | Michael Riley |
| Old Names | [SPDR® S&P 600 Small Cap ETF, SPDR S&P 600 Small Cap ETF] |
| Business Concentration | Small Blend, SPDR State Street Global Advisors (View all Sectors) |
| Nav Price | 82.97 |
| Two Hundred Day Average | 86.11 |
| Ytd | -15.96% |
| Average Daily Volume In Three Month | 128.74k |
| Fifty Two Week Low | 75.12 |
| As Of Date | 25th of October 2022 |
| Average Daily Volume Last 10 Day | 89.24k |
| Fifty Two Week High | 101.67 |
| One Month | 7.77% |
| Fifty Day Average | 81.61 |
| Three Month | -2.09% |
| Beta In Three Year | 1.1 |
SSgA [SLY] is traded in USA and was established 2005-11-08. The fund is classified under Small Blend category within SPDR State Street Global Advisors family. SSgA at this time have 1.51 B in assets. , while the total return for the last 3 years was 7.9%.
Check 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 SSgA Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SSgA 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 SSgA 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 SSgA Etf Constituents
| RGEN | Repligen | Stock | Health Care | |
| INGN | Inogen Inc | Stock | Health Care | |
| NKTR | Nektar Therapeutics | Stock | Health Care | |
| JBT | John Bean Technologies | Stock | Industrials | |
| HAE | Haemonetics | Stock | Health Care | |
| BLKB | Blackbaud | Stock | Information Technology | |
| QLYS | Qualys Inc | Stock | Information Technology | |
| NSP | Insperity | Stock | Industrials |
SSgA Risk Profiles
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. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 1.14 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.12 | |||
| Risk Adjusted Performance | (0.01) |
SSgA Against Markets
SSgA Related Equities
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 SSgA etf to make a market-neutral strategy. Peer analysis of SSgA could also be used in its relative valuation, which is a method of valuing SSgA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out World Market Map to better understand how to build diversified portfolios. 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 economic analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of SSgA 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's value that differs from its market value or its book value, called intrinsic value, which is 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 SSgA's market value can be influenced by many factors that don't directly affect 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 SSgA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSgA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 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.