Spdr Bloomberg High Etf Performance
| JNK Etf | USD 96.65 0.03 0.03% |
The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR Bloomberg's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Bloomberg is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Bloomberg High are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent basic indicators, SPDR Bloomberg is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | Technical Data - Stock Traders Daily | 09/27/2024 |
2 | Wednesdays big stock stories Whats likely to move the market in the next trading session | 10/23/2024 |
3 | 2,100 Shares in SPDR Bloomberg High Yield Bond ETF Acquired by Clarity Financial LLC | 11/06/2024 |
4 | Ashton Thomas Private Wealth LLC Has 300,000 Stake in SPDR Bloomberg High Yield Bond ETF | 11/15/2024 |
5 | Desperately Seeking Yield - Tuesday, Nov. 19 | 11/19/2024 |
| In Threey Sharp Ratio | -0.15 |
SPDR |
SPDR Bloomberg Relative Risk vs. Return Landscape
If you would invest 9,511 in SPDR Bloomberg High on August 24, 2024 and sell it today you would earn a total of 154.00 from holding SPDR Bloomberg High or generate 1.62% return on investment over 90 days. SPDR Bloomberg High is generating 0.0257% of daily returns assuming volatility of 0.2108% on return distribution over 90 days investment horizon. In other words, 1% of etfs are less volatile than SPDR, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
SPDR Bloomberg Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Bloomberg's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Bloomberg High, and traders can use it to determine the average amount a SPDR Bloomberg'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 = 0.122
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JNK |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average SPDR Bloomberg is performing at about 9% 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 Bloomberg by adding it to a well-diversified portfolio.
SPDR Bloomberg Fundamentals Growth
SPDR Etf prices reflect investors' perceptions of the future prospects and financial health of SPDR Bloomberg, and SPDR Bloomberg 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.
| Price To Earning | 5.39 X | |||
| Total Asset | 5.19 B | |||
About SPDR Bloomberg Performance
By examining SPDR Bloomberg's fundamental ratios, stakeholders can obtain critical insights into SPDR Bloomberg's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that SPDR Bloomberg is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. High Yield is traded on NYSEARCA Exchange in the United States.| Latest headline from talkmarkets.com: Desperately Seeking Yield - Tuesday, Nov. 19 | |
| The fund retains about 13.26% 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 Bloomberg High. 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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of SPDR Bloomberg High 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is SPDR Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect SPDR Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Bloomberg'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.