SPDR Intermediate Etf Performance

SPIB
 Etf
  

USD 32.44  0.06  0.18%   

The entity has a beta of 0.0967, 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.
  
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SPDR Intermediate Performance
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Over the last 90 days SPDR Intermediate Term has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong forward indicators, SPDR Intermediate is not utilizing all of its potentials. The new stock price disturbance, may contribute to short-term losses for the investors. ...more

SPDR Intermediate Price Channel

Fifty Two Week Low32.01
Fifty Two Week High37.00

SPDR Intermediate Relative Risk vs. Return Landscape

If you would invest  3,393  in SPDR Intermediate Term on April 1, 2022 and sell it today you would lose (143.00)  from holding SPDR Intermediate Term or give up 4.21% of portfolio value over 90 days. SPDR Intermediate Term is currently does not generate positive expected returns and assumes 0.3959% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than SPDR Intermediate, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days SPDR Intermediate is expected to generate 0.27 times more return on investment than the market. However, the company is 3.67 times less risky than the market. It trades about -0.18 of its potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of risk.

SPDR Intermediate Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Intermediate's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SPDR Intermediate Term, and traders can use it to determine the average amount a SPDR Intermediate's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1763

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Estimated Market Risk
 0.4
  actual daily
 
 3 %
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Expected Return
 -0.07
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Risk-Adjusted Return
 -0.18
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Based on monthly moving average SPDR Intermediate is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SPDR Intermediate by adding it to a well-diversified portfolio.

About SPDR Intermediate Performance

To evaluate SPDR Intermediate Term Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when SPDR Intermediate generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare SPDR Intermediate Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand SPDR Intermediate Term stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents SPDR Intermediate's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. SPDR Intermediate is traded on NYSEArca Exchange in the United States.

Things to note about SPDR Intermediate Term

Checking the ongoing alerts about SPDR Intermediate for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SPDR Intermediate Term help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

SPDR Intermediate Alerts

Equity Alerts and Improvement Suggestions

SPDR Intermediate generated a negative expected return over the last 90 days
The fund maintains about 13.18% of its assets in bonds
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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for SPDR Intermediate Etf analysis

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.