SPDR Aggregate Etf Alpha and Beta Analysis

SPAB
 Etf
  

USD 24.75  0.13  0.52%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SPDR Aggregate Bond. It also helps investors analyze the systematic and unsystematic risks associated with investing in SPDR Aggregate over a specified time horizon. Remember, high SPDR Aggregate's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, take a look at SPDR Aggregate Backtesting, Portfolio Optimization, SPDR Aggregate Correlation, SPDR Aggregate Hype Analysis, SPDR Aggregate Volatility, SPDR Aggregate History and analyze SPDR Aggregate Performance.
  
Please note that although SPDR Aggregate alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, SPDR Aggregate did 0.08  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of SPDR Aggregate Bond etf's relative risk over its benchmark. SPDR Aggregate Bond has a beta of 0.13  . Let's try to break down what SPDR Aggregate's beta means in this case. As returns on the market increase, SPDR Aggregate returns are expected to increase less than the market. However, during the bear market, the loss on holding SPDR Aggregate will be expected to be smaller as well.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

SPDR Aggregate Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SPDR Aggregate market risk premium is the additional return an investor will receive from holding SPDR Aggregate 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 Aggregate. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate SPDR Aggregate's performance over market.
α-0.08   β0.13
90 days against DJI

SPDR Aggregate expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of SPDR Aggregate's Buy-and-hold return. Our buy-and-hold chart shows how SPDR Aggregate performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

SPDR Aggregate Market Price Analysis

Market price analysis indicators help investors to evaluate how SPDR Aggregate etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPDR Aggregate shares will generate the highest return on investment. By understating and applying SPDR Aggregate etf market price indicators, traders can identify SPDR Aggregate position entry and exit signals to maximize returns.

SPDR Aggregate Return and Market Media

The median price of SPDR Aggregate for the period between Wed, Jun 29, 2022 and Tue, Sep 27, 2022 is 26.36 with a coefficient of variation of 1.78. The daily time series for the period is distributed with a sample standard deviation of 0.47, arithmetic mean of 26.29, and mean deviation of 0.37. The Etf did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About SPDR Aggregate Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including SPDR Aggregate or other etfs. Alpha measures the amount that position in SPDR Aggregate Bond has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SPDR Aggregate in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SPDR Aggregate's short interest history, or implied volatility extrapolated from SPDR Aggregate options trading.

Build Portfolio with SPDR Aggregate

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, take a look at SPDR Aggregate Backtesting, Portfolio Optimization, SPDR Aggregate Correlation, SPDR Aggregate Hype Analysis, SPDR Aggregate Volatility, SPDR Aggregate History and analyze SPDR Aggregate Performance. Note that the SPDR Aggregate Bond information on this page should be used as a complementary analysis to other SPDR Aggregate'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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running SPDR Aggregate Bond price analysis, check to measure SPDR Aggregate'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 Aggregate is operating at the current time. Most of SPDR Aggregate's value examination focuses on studying past and present price action to predict the probability of SPDR Aggregate's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPDR Aggregate's price. Additionally, you may evaluate how the addition of SPDR Aggregate to your portfolios can decrease your overall portfolio volatility.
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SPDR Aggregate 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, etf market cycles, or different charting patterns.
A focus of SPDR Aggregate technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SPDR Aggregate 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...