Ssga Active Trust Etf Total Asset
| HYBL Etf | USD 28.64 0.03 0.10% |
SSGA Active Trust fundamentals help investors to digest information that contributes to SSGA Active's financial success or failures. It also enables traders to predict the movement of SSGA Etf. The fundamental analysis module provides a way to measure SSGA Active's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SSGA Active etf.
SSGA |
SSGA Active Trust ETF Total Asset Analysis
SSGA Active's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current SSGA Active Total Asset | 115.05 M |
Most of SSGA Active's fundamental indicators, such as Total Asset, 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.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Based on the latest financial disclosure, SSGA Active Trust has a Total Asset of 115.05 M. This is much higher than that of the SPDR State Street Global Advisors family and significantly higher than that of the High Yield Bond category. The total asset for all United States etfs is notably lower than that of the firm.
SSGA Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SSGA Active's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SSGA Active could also be used in its relative valuation, which is a method of valuing SSGA Active by comparing valuation metrics of similar companies.SSGA Active is currently under evaluation in total asset as compared to similar ETFs.
Fund Asset Allocation for SSGA Active
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds.Asset allocation divides SSGA Active's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
SSGA Fundamentals
| Total Asset | 115.05 M | |||
| One Year Return | 12.30 % | |||
| Net Asset | 115.05 M | |||
| Bond Positions Weight | 11.27 % |
About SSGA Active Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SSGA Active Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SSGA Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SSGA Active Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.