SPDR Intermediate Etf Market Value

SPIB
 Etf
  

USD 32.68  0.16  0.49%   

SPDR Intermediate's market value is the price at which a share of SPDR Intermediate stock trades on a public exchange. It measures the collective expectations of SPDR Intermediate Term investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of SPDR Intermediate Term and determine expected loss or profit from investing in SPDR Intermediate over a given investment horizon. Additionally, take a look at SPDR Intermediate Hype Analysis, SPDR Intermediate Correlation, Portfolio Optimization, SPDR Intermediate Volatility, as well as analyze SPDR Intermediate Alpha and Beta and SPDR Intermediate Performance.
Symbol
Backtest

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.

SPDR Intermediate 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SPDR Intermediate's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SPDR Intermediate.
0.00
07/17/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
07/07/2022
0.00
If you would invest  0.00  in SPDR Intermediate on July 17, 2020 and sell it all today you would earn a total of 0.00 from holding SPDR Intermediate Term or generate 0.0% return on investment in SPDR Intermediate over 720 days. SPDR Intermediate is related to or competes with Invest Grade, and Travelers Companies. The fund invests substantially all, but at least 80, of its total assets in the securities comprising the index and in s...More

SPDR Intermediate Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SPDR Intermediate's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SPDR Intermediate Term upside and downside potential and time the market with a certain degree of confidence.

SPDR Intermediate Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Intermediate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPDR Intermediate's standard deviation. In reality, there are many statistical measures that can use SPDR Intermediate historical prices to predict the future SPDR Intermediate's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of SPDR Intermediate's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of SPDR Intermediate in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
32.2732.6833.09
Details
Intrinsic
Valuation
LowReal ValueHigh
32.2832.6933.10
Details
Naive
Forecast
LowNext ValueHigh
32.9033.3033.71
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.9632.5733.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SPDR Intermediate. Your research has to be compared to or analyzed against SPDR Intermediate's peers to derive any actionable benefits. When done correctly, SPDR Intermediate's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in SPDR Intermediate Term.

SPDR Intermediate Term Backtested Returns

SPDR Intermediate Term owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0858, which indicates the etf had -0.0858% of return per unit of volatility over the last 3 months. Macroaxis approach towards measuring the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. SPDR Intermediate Term exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate SPDR Intermediate coefficient of variation of (735.79), and Risk Adjusted Performance of (0.22) to confirm the risk estimate we provide.
The entity has a beta of 0.0971, which indicates not very significant fluctuations relative to the market. Let's try to break down what SPDR Intermediate's beta means in this case. As returns on the market increase, SPDR Intermediate returns are expected to increase less than the market. However, during the bear market, the loss on holding SPDR Intermediate will be expected to be smaller as well. Even though it is essential to pay attention to SPDR Intermediate Term current price movements, it is always good to be careful when utilizing equity historical returns. Our approach towards measuring any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SPDR Intermediate Term exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.05  

Very weak reverse predictability

SPDR Intermediate Term has very weak reverse predictability. Overlapping area represents the amount of predictability between SPDR Intermediate time series from 17th of July 2020 to 12th of July 2021 and 12th of July 2021 to 7th of July 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SPDR Intermediate Term price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current SPDR Intermediate price fluctuation can be explain by its past prices.
Correlation Coefficient-0.05
Spearman Rank Test-0.23
Residual Average0.0
Price Variance1.72

SPDR Intermediate Term lagged returns against current returns

Autocorrelation, which is SPDR Intermediate etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SPDR Intermediate's etf expected returns. We can calculate the autocorrelation of SPDR Intermediate returns to help us make a trade decision. For example, suppose you find that SPDR Intermediate etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

SPDR Intermediate regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SPDR Intermediate etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SPDR Intermediate etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SPDR Intermediate etf over time.
 Current vs Lagged Prices 
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      Timeline 

SPDR Intermediate Lagged Returns

When evaluating SPDR Intermediate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SPDR Intermediate etf have on its future price. SPDR Intermediate autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SPDR Intermediate autocorrelation shows the relationship between SPDR Intermediate etf current value and its past values and can show if there is a momentum factor associated with investing in SPDR Intermediate Term.
 Regressed Prices 
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      Timeline 

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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Additionally, take a look at SPDR Intermediate Hype Analysis, SPDR Intermediate Correlation, Portfolio Optimization, SPDR Intermediate Volatility, as well as analyze SPDR Intermediate Alpha and Beta and SPDR Intermediate Performance. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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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SPDR Intermediate 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 Intermediate technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SPDR Intermediate 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...