SSGA Active Financial Statements From 2010 to 2024
| MBNE Etf | USD 29.85 0.08 0.27% |
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 | 5.90 % |
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 5.9%. This is 23.97% lower than that of the SPDR State Street Global Advisors family and significantly higher than that of the Muni National Interm 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 stakeholders use historical fundamental indicators, such as SSGA Active's revenue or net income, to determine how well the company is positioned to perform in the future. Although SSGA Active investors may analyze each financial statement separately, they are all interrelated. For example, changes in SSGA Active's assets and liabilities are reflected in the revenues and expenses on SSGA Active's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SSGA Active Trust. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets in municipal bonds that pay income that is exempt from regular federal income tax. SPDR Nuveen is traded on BATS Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SSGA Active Trust is a strong investment it is important to analyze SSGA Active'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 SSGA Active's future performance. For an informed investment choice regarding SSGA Etf, refer to the following important reports:Check out the analysis of SSGA Active Correlation against competitors. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.