Mycl Etf Profile
| MYCL Etf | 24.45 0.02 0.08% |
Performance0 of 100
| Odds Of DistressLess than 9
|
MYCL is selling for 24.45 as of the 30th of October 2024. This is a 0.08 percent up since the beginning of the trading day. The etf's lowest day price was 24.45. MYCL has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for MYCL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of August 2024 and ending today, the 30th of October 2024. Click here to learn more.
MYCL is entity of United States. It is traded as Etf on NASDAQ exchange. More on MYCL
MYCL Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Corporate ETFs, Investment Grade ETFs, Target Maturity (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2024-09-23 |
| Benchmark | ICE 2032 Maturity US Corporate Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 4.89 Million |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Global Advisors Funds Management Inc. |
| Advisor | SSGA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Sprague Rient, John Mele |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | NASDAQ |
| Number of Constituents | 83.0 |
| Market Maker | Citadel |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Code | MYCL |
| Updated At | 29th of October 2024 |
| Name | MYCL |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01PZT0B60 |
| Type | ETF |
MYCL [MYCL] is traded in USA and was established null. The fund is listed under Target Maturity. The entity is thematically classified as Corporate ETFs. MYCL now have in assets.
Check MYCL Probability Of Bankruptcy
MYCL Risk Profiles
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 MYCL. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.26) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (5.96) |
MYCL Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYCL. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of MYCL is measured differently than its book value, which is the value of MYCL that is recorded on the company's balance sheet. Investors also form their own opinion of MYCL's value that differs from its market value or its book value, called intrinsic value, which is MYCL'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 MYCL's market value can be influenced by many factors that don't directly affect MYCL'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 MYCL's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYCL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYCL'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.