SSGA Active Financial Statements From 2010 to 2024
| HYBL Etf | USD 28.64 0.03 0.10% |
Check SSGA Active financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SSGA Active's main balance sheet or income statement drivers, such as , as well as many indicators such as . SSGA financial statements analysis is a perfect complement when working with SSGA Active Valuation or Volatility modules.
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SSGA Active Trust ETF One Year Return Analysis
SSGA Active's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current SSGA Active One Year Return | 12.30 % |
Most of SSGA Active's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SSGA Active Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, SSGA Active Trust has an One Year Return of 12.3%. This is 58.51% higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the High Yield Bond category. The one year return for all United States etfs is notably lower than that of the firm.
About SSGA Active Financial Statements
SSGA Active investors utilize fundamental indicators, such as revenue or net income, to predict how SSGA Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
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.
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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.