SPDR Gbl (Switzerland) Profile

SPDR Gbl is selling for under 31.62 as of the 24th of July 2021; that is 0.16% increase since the beginning of the trading day. The etf's lowest day price was 31.57. Equity ratings for SPDR Gbl Agg are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2021 and ending today, the 24th of July 2021. Click here to learn more.

SPDR Gbl Etf Profile

The objective of the Fund is to track the performance of global markets for investment grade fixed-rate debt securities. SPDR Gbl is traded on Switzerland Exchange in Switzerland. more on SPDR Gbl
SPDR Gbl Agg is not yet fully synchronised with the market data
The fund retains about 95.96% of its assets under management (AUM) in fixed income securities
Legal NameSPDR Gbl Agg
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 Gbl's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
SPDR Gbl Agg [GLAG] is traded in Switzerland and was established 2018-01-26. The fund is listed under null category and is part of State Street Global Advisors Ltd family. SPDR Gbl Agg currently have in assets under management (AUM). , while the total return for the last year was 5.46%.
Check SPDR Gbl Probability Of Bankruptcy

SPDR Gbl Target Price Odds Analysis

What are SPDR Gbl's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SPDR Gbl jumping above the current price in 90 days from now is about 13.33%. The SPDR Gbl Agg probability density function shows the probability of SPDR Gbl etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SPDR Gbl has a beta of 0.0319. This usually indicates as returns on the market go up, SPDR Gbl average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Gbl Agg will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0134, implying that it can generate a 0.0134 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 31.62HorizonTargetOdds Up 31.62 
85.71%90 days
Based on a normal probability distribution, the odds of SPDR Gbl to move above the current price in 90 days from now is about 13.33 (This SPDR Gbl Agg probability density function shows the probability of SPDR Gbl Etf to fall within a particular range of prices over 90 days) .

SPDR Gbl Agg Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Gbl market risk premium is the additional return an investor will receive from holding SPDR Gbl 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 Gbl. 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 Gbl's alpha and beta are two of the key measurements used to evaluate SPDR Gbl's performance over the market, the standard measures of volatility play an important role as well.

SPDR Gbl Against Markets

Picking the right benchmark for SPDR Gbl 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 Gbl 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 Gbl is critical whether you are bullish or bearish towards SPDR Gbl Agg at a given time.

View Currently Related Equities

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 SPDR Gbl etf to make a market-neutral strategy. Peer analysis of SPDR Gbl could also be used in its relative valuation, which is a method of valuing SPDR Gbl by comparing valuation metrics with similar companies.
Please check Risk vs Return Analysis. Note that the SPDR Gbl Agg information on this page should be used as a complementary analysis to other SPDR Gbl'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Other Tools for SPDR Gbl Etf

When running SPDR Gbl Agg price analysis, check to measure SPDR Gbl'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 Gbl is operating at the current time. Most of SPDR Gbl's value examination focuses on studying past and present price action to predict the probability of SPDR Gbl's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPDR Gbl's price. Additionally, you may evaluate how the addition of SPDR Gbl to your portfolios can decrease your overall portfolio volatility.
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