SPDR SSGA My2033 Corporate Bond declares monthly distribution of 0.0950
| MYCM Etf | 24.49 0.08 0.33% |
About 54% of MYCM's investor base is interested to short. The current sentiment regarding investing in MYCM etf implies that many traders are impartial. MYCM's investing sentiment overview a quick insight into current market opportunities from investing in MYCM. Many technical investors use MYCM etf news signals to limit their universe of possible portfolio assets and to time the market correctly.
MYCM etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of MYCM daily returns and investor perception about the current price of MYCM as well as its diversification or hedging effects on your existing portfolios.
MYCM |
SPDR SSGA My2033 Corporate Bond ETF offers a 0.0950 dividend with a 4.99 percent yield as of October 31, payable to shareholders on November 6.
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MYCM Fundamental Analysis
We analyze MYCM's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MYCM using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MYCM 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
MYCM is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
MYCM Potential Pair-trading
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 MYCM etf to make a market-neutral strategy. Peer analysis of MYCM could also be used in its relative valuation, which is a method of valuing MYCM by comparing valuation metrics with similar companies.
Peers
MYCM Related Equities
| VCLT | Vanguard Long | 0.55 | ||||
| MYCK | MYCK | 0.33 | ||||
| VEMY | Virtus ETF | 0.29 | ||||
| VCIT | Vanguard Intermediate | 0.27 | ||||
| VCSH | Vanguard Short | 0.11 | ||||
| VCEB | Vanguard ESG | 0.1 | ||||
| MYCF | MYCF | 0.08 | ||||
| MBBB | VanEck Vectors | 0.23 | ||||
| XB | BondBloxx ETF | 1.24 |
Check out MYCM Hype Analysis, MYCM Correlation and MYCM Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of MYCM is measured differently than its book value, which is the value of MYCM that is recorded on the company's balance sheet. Investors also form their own opinion of MYCM's value that differs from its market value or its book value, called intrinsic value, which is MYCM'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 MYCM's market value can be influenced by many factors that don't directly affect MYCM'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 MYCM's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYCM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYCM'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.