SPDR Aggregate Etf Performance

SPAB
 Etf
  

USD 24.95  0.09  0.36%   

The entity has a beta of 0.1915, which indicates not very significant fluctuations relative to the market. Let's try to break down what SPDR Aggregate's beta means in this case. As returns on the market increase, SPDR Aggregate returns are expected to increase less than the market. However, during the bear market, the loss on holding SPDR Aggregate will be expected to be smaller as well. Even though it is essential to pay attention to SPDR Aggregate Bond current price movements, it is always good to be careful when utilizing equity historical returns. Our approach towards measuring any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SPDR Aggregate Bond exposes twenty-seven different technical indicators, which can help you to evaluate its performance.
  
SPDR Aggregate Performance
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Over the last 90 days SPDR Aggregate Bond has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, SPDR Aggregate is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

SPDR Aggregate Price Channel

Fifty Two Week Low25.11
Fifty Two Week High30.03

SPDR Aggregate Relative Risk vs. Return Landscape

If you would invest  2,658  in SPDR Aggregate Bond on July 2, 2022 and sell it today you would lose (150.00)  from holding SPDR Aggregate Bond or give up 5.64% of portfolio value over 90 days. SPDR Aggregate Bond is currently does not generate positive expected returns and assumes 0.5015% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than SPDR Aggregate, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days SPDR Aggregate is expected to generate 0.43 times more return on investment than the market. However, the company is 2.3 times less risky than the market. It trades about -0.18 of its potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of risk.

SPDR Aggregate Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Aggregate's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Aggregate Bond, and traders can use it to determine the average amount a SPDR Aggregate'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 = -0.1813

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Estimated Market Risk
 0.5
  actual daily
 
 4 %
of total potential
 
44
Expected Return
 -0.09
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 0 %
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Risk-Adjusted Return
 -0.18
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Based on monthly moving average SPDR Aggregate is performing at about 0% 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 Aggregate by adding it to a well-diversified portfolio.

About SPDR Aggregate Performance

To evaluate SPDR Aggregate Bond Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when SPDR Aggregate generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare SPDR Aggregate Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand SPDR Aggregate Bond market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents SPDR Aggregate's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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. SPDR Aggregate is traded on NYSEArca Exchange in the United States.

Things to note about SPDR Aggregate Bond

Checking the ongoing alerts about SPDR Aggregate for important developments is a great way to find new opportunities for your next move. Etf alerts and notifications screener for SPDR Aggregate Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

SPDR Aggregate Alerts

Equity Alerts and Improvement Suggestions

SPDR Aggregate Bond generated a negative expected return over the last 90 days
On 8th of September 2022 SPDR Aggregate paid $ 0.0532 per share dividend to its current shareholders
The fund created three year return of 0.0%
SPDR Aggregate Bond maintains about 6.45% of its assets in bonds
Additionally, take a look at World Market Map. Note that the SPDR Aggregate Bond information on this page should be used as a complementary analysis to other SPDR Aggregate's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running SPDR Aggregate Bond price analysis, check to measure SPDR Aggregate'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 Aggregate is operating at the current time. Most of SPDR Aggregate's value examination focuses on studying past and present price action to predict the probability of SPDR Aggregate's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPDR Aggregate's price. Additionally, you may evaluate how the addition of SPDR Aggregate to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR Aggregate Bond is measured differently than its book value, which is the value of SPDR Aggregate that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Aggregate's value that differs from its market value or its book value, called intrinsic value, which is SPDR Aggregate'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 Aggregate's market value can be influenced by many factors that don't directly affect SPDR Aggregate'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 Aggregate's value and its price as these two are different measures arrived at by different means. Investors typically determine SPDR Aggregate value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Aggregate'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.