SPDR Portfolio Technical Analysis

SP
SPIB -- USA Etf  

USD 36.64  0.09  0.25%

As of the 14th of July 2020, SPDR Portfolio has the standard deviation of 0.3577, and risk adjusted performance of 0.3975. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SPDR Portfolio Inter, as well as the relationship between them. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze eighteen technical drivers for SPDR Portfolio Intermediate, which can be compared to its competition. Please validate SPDR Portfolio Inter treynor ratio, and the relationship between the variance and potential upside to decide if SPDR Portfolio is priced adequately, providing market reflects its prevalent price of 36.64 per share.

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SPDR Portfolio technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of SPDR Portfolio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SPDR Portfolio trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

SPDR Portfolio Inter Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of SPDR Portfolio Inter volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

SPDR Portfolio Inter Trend Analysis

Use this graph to draw trend lines for SPDR Portfolio Intermediate. You can use it to identify possible trend reversals for SPDR Portfolio as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SPDR Portfolio price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SPDR Portfolio Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SPDR Portfolio Intermediate applied against its price change over selected period. The best fit line has a slop of   0.029708  , which means SPDR Portfolio Intermediate will continue generating value for investors. It has 122 observation points and a regression sum of squares at 33.38, which is the sum of squared deviations for the predicted SPDR Portfolio price change compared to its average price change.

About SPDR Portfolio Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SPDR Portfolio Intermediate on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SPDR Portfolio Intermediate based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on SPDR Portfolio Inter stock first instead of the macroeconomic environment surrounding SPDR Portfolio Inter . By analyzing SPDR Portfolio's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SPDR Portfolio's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SPDR Portfolio specific price patterns or momentum indicators. Please read more on our technical analysis page.

SPDR Portfolio July 14, 2020 Technical Indicators

Most technical analysis of SPDR Portfolio stock help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SPDR Portfolio from various momentum indicators to cycle indicators. When you analyze SPDR Portfolio charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Risk Adjusted Performance0.3975
Market Risk Adjusted Performance1.56
Mean Deviation0.1976
Downside Deviation0.2347
Coefficient Of Variation412.09
Standard Deviation0.3577
Variance0.1279
Information Ratio(0.18)
Jensen Alpha0.0698
Total Risk Alpha0.0487
Sortino Ratio(0.28)
Treynor Ratio1.55
Maximum Drawdown2.92
Value At Risk(0.40)
Potential Upside0.4425
Downside Variance0.0551
Semi Variance(0.05)
Expected Short fall(0.26)
Skewness3.67
Kurtosis23.15

SPDR Portfolio Inter One Year Return

Based on the recorded statements SPDR Portfolio Intermediate has One Year Return of 7.57%. This is 2.45% lower than that of the SPDR State Street Global Advisors family and significantly higher than that of Corporate Bond category. The one year return for all United States etfs is notably lower than that of the firm.
  Year Return 
      SPDR Portfolio Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

SPDR Portfolio July 14, 2020 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as SPDR Portfolio stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution  2,217  
Daily Balance Of Power  1.50  
Rate Of Daily Change  1.00  
Day Median Price  36.61  
Day Typical Price  36.62  
Price Action Indicator  0.08  
Additionally, take a look at World Market Map. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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