SPDR Portfolio Probability of Target Price Finishing Over Current Price

SP
SPIB -- USA Etf  

USD 36.62  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.

Search Price Probability

 
Refresh
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.
Apply Odds

SPDR Portfolio Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above the current price in 30 days
 36.62 30 days 36.62 
about 7.9
Based on a normal probability distribution, the odds of SPDR Portfolio to move above the current price in 30 days from now is about 7.9 (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 Intermediate has a beta of -0.0336. This usually implies as returns on benchmark increase, returns on holding SPDR Portfolio are expected to decrease at a much lower rate. During the bear market, however, SPDR Portfolio Intermediate is likely to outperform the market. Additionally The company has an alpha of 0.1159, implying that it can generate a 0.12 percent excess return over DOW after adjusting for the inherited market risk (beta).
 SPDR Portfolio Price Density 
      Price 
α
Alpha over DOW
=0.12
β
Beta against DOW=-0.03
σ
Overall volatility
=0.68
Ir
Information ratio =-0.12

SPDR Portfolio Alerts and Suggestions

On 1st of July 2020 SPDR Portfolio paid $ 0.0667 per share dividend to its current shareholders
The fund maintains about 95.6% of its assets in bonds

SPDR PortfolioPrice Density Drivers

Average Daily Volume Last 10 Day1.47M
Average Daily Volume In Three Month2.62M
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page