SPDR Intermediate Etf Profile

SPIB -  USA Etf  

USD 32.94  0.01  0.0304%

Market Performance
0 of 100
Odds Of Distress
Less than 1
SPDR Intermediate is trading at 32.94 as of the 19th of May 2022, a 0.0304% increase since the beginning of the trading day. The etf's open price was 32.93. SPDR Intermediate has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SPDR Intermediate Term are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of April 2022 and ending today, the 19th of May 2022. Click here to learn more.
The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays U.S. SPDR Intermediate is traded on NYSEArca Exchange in the United States. More on SPDR Intermediate Term

SPDR Intermediate Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. SPDR Intermediate's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Intermediate or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SPDR Intermediate generated a negative expected return over the last 90 days
SPDR Intermediate is unlikely to experience financial distress in the next 2 years
The fund maintains about 94.67% of its assets in bonds
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SPDR Intermediate's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
IssuerSSgA
DescriptionSPDR Portfolio Intermediate Term Corporate Bond ETF
Inception Date2009-02-10
BenchmarkBarclays Capital Intermediate U.S. Corporate Index
Entity TypeRegulated Investment Company
Asset Under Management4.84 Billion
Average Trading Valume5.57 Million
Asset TypeFixed Income
CategoryCorporate
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerFrank Miethe, Kyle Kelly, Christopher DiStefano
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Nov
ExchangeNYSE Arca, Inc.
Number of Constituents4,300
Market MakerVirtu Financial
Total Expense0.04
Management Fee0.04
Nav Price36.08
Two Hundred Day Average35.54
Ytd-0.05%
Average Daily Volume In Three Month5.56M
Fifty Two Week Low32.8
As Of Date31st of August 2021
Average Daily Volume Last 10 Day5.48M
Fifty Two Week High37.0
One Month-0.15%
Fifty Day Average33.7
Three Month1.07%
SPDR Intermediate Term [SPIB] is traded in USA and was established 2009-02-10. The fund is listed under Corporate Bond category and is part of SPDR State Street Global Advisors family. SPDR Intermediate Term at this time have 6.06 B in assets. , while the total return for the last 3 years was 5.96%.
Check SPDR Intermediate Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Intermediate Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Intermediate , and the less return is expected.

SPDR Intermediate Target Price Odds Analysis

What are SPDR Intermediate's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SPDR Intermediate jumping above the current price in 90 days from now is about 90.8%. The SPDR Intermediate Term probability density function shows the probability of SPDR Intermediate etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SPDR Intermediate has a beta of 0.0394. This usually implies as returns on the market go up, SPDR Intermediate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Intermediate Term will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SPDR Intermediate Term is significantly underperforming DOW.
  Odds Below 32.94HorizonTargetOdds Above 32.94
8.98%90 days
 32.94 
90.80%
Based on a normal probability distribution, the odds of SPDR Intermediate to move above the current price in 90 days from now is about 90.8 (This SPDR Intermediate Term probability density function shows the probability of SPDR Intermediate Etf to fall within a particular range of prices over 90 days) .

SPDR Intermediate Top Holders

SPDR Intermediate Major Institutional Holders

Institutional Holdings refers to the ownership stake in SPDR Intermediate that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SPDR Intermediate's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SPDR Intermediate's value.
InstituionSecurity TypeTotal SharesValue
Charles Schwab Investment Advisory IncFund Units24.1 M824.4 M
View SPDR Intermediate Diagnostics

SPDR Intermediate Term Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Intermediate market risk premium is the additional return an investor will receive from holding SPDR Intermediate long position in a well-diversified portfolio. 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 Intermediate. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR Intermediate's alpha and beta are two of the key measurements used to evaluate SPDR Intermediate's performance over the market, the standard measures of volatility play an important role as well.

SPDR Intermediate Term Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. SPDR Intermediate Term Sine Of Price Series is a trigonometric price transformation method.
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SPDR Intermediate Against Markets

Picking the right benchmark for SPDR Intermediate etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR Intermediate etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR Intermediate is critical whether you are bullish or bearish towards SPDR Intermediate Term at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR Intermediate without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing SPDR Intermediate Term

You need to understand the risk of investing before taking a position in SPDR Intermediate. The danger of trading SPDR Intermediate Term is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR Intermediate is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR Intermediate. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Intermediate Term is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the SPDR Intermediate Term information on this page should be used as a complementary analysis to other SPDR Intermediate's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running SPDR Intermediate Term price analysis, check to measure SPDR Intermediate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR Intermediate is operating at the current time. Most of SPDR Intermediate's value examination focuses on studying past and present price action to predict the probability of SPDR Intermediate's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPDR Intermediate's price. Additionally, you may evaluate how the addition of SPDR Intermediate to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR Intermediate Term is measured differently than its book value, which is the value of SPDR Intermediate that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Intermediate's value that differs from its market value or its book value, called intrinsic value, which is SPDR Intermediate'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 Intermediate's market value can be influenced by many factors that don't directly affect SPDR Intermediate'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 Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine SPDR Intermediate value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Intermediate'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.