SPDR Bloomberg Etf Profile

RBND
 Etf
  

USD 19.87  0.03  0.15%   

Market Performance
0 of 100
Odds Of Distress
Less than 39
SPDR Bloomberg is trading at 19.87 as of the 7th of October 2022, a -0.15% down since the beginning of the trading day. The etf's lowest day price was 19.87. SPDR Bloomberg has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for SPDR Bloomberg Sasb are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of December 2021 and ending today, the 7th of October 2022. Click here to learn more.
Normally, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index or in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. More on SPDR Bloomberg Sasb

Moving together with SPDR Bloomberg

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SPDR Bloomberg Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR Bloomberg's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Bloomberg or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SPDR Bloomberg Sasb generated a negative expected return over the last 90 days
On 8th of September 2022 SPDR Bloomberg paid $ 0.0456 per share dividend to its current shareholders
The fund maintains about 19.65% of its assets in bonds
Thematic IdeaCorporate Bonds (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SPDR Bloomberg's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
IssuerSSgA
Inception Date2020-11-09
BenchmarkBloomberg SASB US Corporate ESG Ex-Controversies Select Index
Entity TypeRegulated Investment Company
Asset Under Management21.87 Million
Asset TypeFixed Income
CategoryCorporate
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorSSGA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerChristopher DiStefano, Frank Miethe, Michael Brunell
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents455
Market MakerJane Street
Total Expense0.12
Management Fee0.12
Nav Price21.61
Two Hundred Day Average22.08
Ytd-11.65%
Average Daily Volume In Three Month1.2k
Fifty Two Week Low19.57
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day4.44k
Fifty Two Week High25.06
One Month3.17%
Fifty Day Average20.92
Three Month0.45%
SPDR Bloomberg Sasb [RBND] is traded in USA and was established 2020-11-05. The fund is listed under Corporate Bond category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Corporate Bonds. SPDR Bloomberg Sasb at this time have 24.15 M in assets. , while the total return for the last year was -12.62%.
Check SPDR Bloomberg Probability Of Bankruptcy

Geographic Allocation (%)

SPDR Bloomberg Target Price Odds Analysis

What are SPDR Bloomberg's target price odds to finish over the current price? Based on a normal probability distribution, the odds of SPDR Bloomberg jumping above the current price in 90 days from now is over 95.84%. The SPDR Bloomberg Sasb probability density function shows the probability of SPDR Bloomberg etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SPDR Bloomberg has a beta of 0.2948 indicating as returns on the market go up, SPDR Bloomberg average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Bloomberg Sasb will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SPDR Bloomberg Sasb is significantly underperforming DOW.
  Odds Below 19.87HorizonTargetOdds Above 19.87
4.07%90 days
 19.87 
95.84%
Based on a normal probability distribution, the odds of SPDR Bloomberg to move above the current price in 90 days from now is over 95.84 (This SPDR Bloomberg Sasb probability density function shows the probability of SPDR Bloomberg Etf to fall within a particular range of prices over 90 days) .

SPDR Bloomberg Major Institutional Holders

Institutional Holdings refers to the ownership stake in SPDR Bloomberg that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SPDR Bloomberg's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SPDR Bloomberg's value.
InstituionSecurity TypeTotal SharesValue
Jane Street Group LlcFund Units70.1 K1.5 M
View SPDR Bloomberg Diagnostics

SPDR Bloomberg Sasb Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Bloomberg market risk premium is the additional return an investor will receive from holding SPDR Bloomberg long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Bloomberg. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR Bloomberg's alpha and beta are two of the key measurements used to evaluate SPDR Bloomberg's performance over the market, the standard measures of volatility play an important role as well.

SPDR Bloomberg Sasb Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. SPDR Bloomberg Sasb Tanh Of Price Series is a hyperbolic price transformation function.
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SPDR Bloomberg Against Markets

Picking the right benchmark for SPDR Bloomberg etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR Bloomberg etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR Bloomberg is critical whether you are bullish or bearish towards SPDR Bloomberg Sasb at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR Bloomberg without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Risk-Return Analysis

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Invested in SPDR Bloomberg Sasb?

The danger of trading SPDR Bloomberg Sasb is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR Bloomberg is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR Bloomberg. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Bloomberg Sasb is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at Your Equity Center. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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When running SPDR Bloomberg Sasb price analysis, check to measure SPDR Bloomberg's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR Bloomberg is operating at the current time. Most of SPDR Bloomberg's value examination focuses on studying past and present price action to predict the probability of SPDR Bloomberg's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPDR Bloomberg's price. Additionally, you may evaluate how the addition of SPDR Bloomberg to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR Bloomberg Sasb is measured differently than its book value, which is the value of SPDR Bloomberg 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 SPDR Bloomberg value 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.