Ssga Active Trust Etf Performance
| OBND Etf | USD 26.14 0.05 0.19% |
The entity has a beta of 0.0214, 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
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in SSGA Active Trust are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, SSGA Active is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | BlackRock Reshapes Two Muni Bond Funds for ETF Market - Yahoo Finance | 09/20/2024 |
2 | Schwab Plans Actively Managed Bond ETF - Yahoo Finance | 11/08/2024 |
| In Threey Sharp Ratio | -0.42 |
SSGA |
SSGA Active Relative Risk vs. Return Landscape
If you would invest 2,589 in SSGA Active Trust on August 30, 2024 and sell it today you would earn a total of 25.00 from holding SSGA Active Trust or generate 0.97% return on investment over 90 days. SSGA Active Trust is currently generating 0.0152% in daily expected returns and assumes 0.2002% 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 = 0.076
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OBND |
Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average SSGA Active is performing at about 5% 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 | 27.56 M | |||
About SSGA Active Performance
By analyzing SSGA Active's fundamental ratios, stakeholders can gain valuable insights into SSGA Active's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SSGA Active has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SSGA Active has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The sub-adviser will invest at least 80 percent of the funds net assets, directly, or indirectly through underlying ETFs, in debt obligations. SPDR Loomis is traded on BATS Exchange in the United States.| Latest headline from news.google.com: Schwab Plans Actively Managed Bond ETF - Yahoo Finance | |
| The fund maintains about 14.89% of its assets in bonds |
Check out Your Equity Center 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 board of governors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.