SPDR Portfolio Probability of Target Price Finishing Over Current Price

SP
SPIB -- USA Etf  

USD 36.10  0.03  0.08%

SPDR Portfolio probability of target price tool provides mechanism to make assumptions about upside and downside potential of SPDR Portfolio Intermediate performance during a given time horizon utilizing its historical volatility.

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Please specify SPDR Portfolio time horizon, a valid symbol (red box) and a target price (blue box) you would like SPDR Portfolio odds to be computed. Additionally, take a look at SPDR Portfolio Backtesting, Portfolio Optimization, SPDR Portfolio Correlation, SPDR Portfolio Hype Analysis, SPDR Portfolio Volatility, SPDR Portfolio History as well as SPDR Portfolio Performance.
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SPDR Portfolio Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 36.10 30 days 36.10 
about 15.48
Based on normal probability distribution, the odds of SPDR Portfolio to move above current price in 30 days from now is about 15.48 (This SPDR Portfolio Intermediate probability density function shows the probability of SPDR Portfolio Etf to fall within a particular range of prices over 30 days) .
Given the investment horizon of 30 days, SPDR Portfolio has beta of 0.0955 . This entails as returns on market go up, SPDR Portfolio average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SPDR Portfolio Intermediate will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. SPDR Portfolio Inter is significantly underperforming DOW.
 SPDR Portfolio Price Density 
      Price 
α
Alpha over DOW
=-0.01
β
Beta against DOW=0.1
σ
Overall volatility
=1.25
Ir
Information ratio =-0.07

SPDR Portfolio Alerts and Suggestions

On 1st of June 2020 SPDR Portfolio paid $ 0.0742 per share dividend to its current shareholders
The fund maintains about 95.59% of its assets in bonds

SPDR PortfolioPrice Density Drivers

Average Daily Volume Last 10 Day2.77M
Average Daily Volume In Three Month2.48M
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