Spdr Nuveen Bloomberg Etf Performance
| HYMB Etf | USD 25.97 0.03 0.12% |
The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SPDR Nuveen are expected to decrease at a much lower rate. During the bear market, SPDR Nuveen is likely to outperform the market.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Nuveen Bloomberg are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong primary indicators, SPDR Nuveen is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Prime Capital Investment Advisors LLC Has 4.60 Million Stock Position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF | 09/16/2024 |
| In Threey Sharp Ratio | -0.47 |
SPDR |
SPDR Nuveen Relative Risk vs. Return Landscape
If you would invest 2,579 in SPDR Nuveen Bloomberg on August 24, 2024 and sell it today you would earn a total of 18.00 from holding SPDR Nuveen Bloomberg or generate 0.7% return on investment over 90 days. SPDR Nuveen Bloomberg is currently generating 0.0115% in daily expected returns and assumes 0.3472% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than SPDR, 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 |
SPDR Nuveen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Nuveen's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Nuveen Bloomberg, and traders can use it to determine the average amount a SPDR Nuveen'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 = 0.033
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| Negative Returns | HYMB |
Estimated Market Risk
| 0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average SPDR Nuveen is performing at about 2% 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 SPDR Nuveen by adding it to a well-diversified portfolio.
SPDR Nuveen Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Nuveen, and SPDR Nuveen 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 SPDR Etf performance.
| Total Asset | 1.75 B | |||
About SPDR Nuveen Performance
By analyzing SPDR Nuveen's fundamental ratios, stakeholders can gain valuable insights into SPDR Nuveen's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SPDR Nuveen 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 SPDR Nuveen has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. SP High is traded on NYSEARCA Exchange in the United States.| The fund created three year return of -1.0% | |
| SPDR Nuveen Bloomberg retains about 14.13% of its assets under management (AUM) in fixed income securities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Nuveen Bloomberg. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of SPDR Nuveen Bloomberg is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Nuveen's value that differs from its market value or its book value, called intrinsic value, which is SPDR Nuveen'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 SPDR Nuveen's market value can be influenced by many factors that don't directly affect SPDR Nuveen'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 SPDR Nuveen's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Nuveen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Nuveen'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.