SPDR BOFA is selling at 18.41 as of the 28th of November 2024; that is 0.54 percent decrease since the beginning of the trading day. The etf's lowest day price was 18.4. SPDR BOFA has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. SPDR BOFA symbol was changed from ENTR on 29th of August 2024. Equity ratings for SPDR BOFA MERRILL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
SPDR BOFA is entity of United States. It is traded as Etf on NYSE exchange. More on SPDR BOFA MERRILL
SPDR BOFA MERRILL LYNCH CROSSOVER CORPORATE BOND ETF SPDR BOFA MERRILL LYNCH CROSSOVER CORPORATE BOND ETF
Currency Name
US Dollar
In Threey Sharp Ratio
(0.09)
Currency Code
USD
Open Figi
BBG00J5HT1Q3
In Threey Volatility
25.63
Type
ETF
1y Volatility
18.92
SPDR BOFA MERRILL [XOVR] is traded in USA and was established June 18, 2012. SPDR BOFA MERRILL was previously known as ERShares Entrepreneurs ETF and was traded on NASDAQ Exchange under the symbol ENTR. The fund is listed under Large Growth category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Large & Mid Caps ETFs. This fund at this time have 44.8 M in net assets. SPDR BOFA MERRILL is currently generating year-to-date return of 2.02% with the current yeild of 3.82%, while the total return for the last 3 years was 4.6%.
Check SPDR BOFA Probability Of Bankruptcy
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 BOFA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether SPDR BOFA MERRILL is a strong investment it is important to analyze SPDR BOFA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR BOFA's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:
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The market value of SPDR BOFA MERRILL 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 BOFA's value that differs from its market value or its book value, called intrinsic value, which is SPDR BOFA'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 BOFA's market value can be influenced by many factors that don't directly affect SPDR BOFA'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 BOFA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR BOFA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR BOFA'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.