SPDR SP Backtesting

SPDR SP Dividend ETF -- USA Etf  

USD 96.37  0.63  0.66%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of SPDR SP Dividend ETF and determine expected loss or profit from investing in SPDR SP over given investment horizon. Also please take a look at SPDR SP Hype Analysis, SPDR SP Correlation, Portfolio Optimization, SPDR SP Volatility as well as analyze SPDR SP Alpha and Beta and SPDR SP Performance
 Time Horizon     30 Days    Login   to change

SPDR SP 'What if' Analysis

December 23, 2017
No Change 0.00  0.0%
In 31 days
January 22, 2018
If you would invest  0.00  in SPDR SP on December 23, 2017 and sell it all today you would earn a total of 0.00 from holding SPDR SP Dividend ETF or generate 0.0% return on investment in SPDR SP over 30 days. SPDR SP is related to or competes with iShares VII, HSBC Securities, and SPDR MSCI. The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total ret...

SPDR SP Upside/Downside Indicators


SPDR SP Market Premium Indicators

SPDR SP Dividend lagged returns against current returns

 Current and Lagged Values 

SPDR SP regressed lagged prices vs. current prices

 Current vs Lagged Prices 

SPDR SP Dividend Backtested Returns

We consider SPDR SP not too risky. SPDR SP Dividend owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.3012 which indicates SPDR SP Dividend had 0.3012% of return per unit of volatility over the last 1 month. Our approach towards measuring volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty technical indicators for SPDR SP Dividend ETF which you can use to evaluate future volatility of the etf. Please validate SPDR SP Risk Adjusted Performance of 0.1193 and Standard Deviation of 0.3696 to confirm if risk estimate we provide are consistent with the epected return of 0.1191%. The entity has beta of 0.5658 which indicates as returns on market increase, SPDR SP returns are expected to increase less than the market. However during bear market, the loss on holding SPDR SP will be expected to be smaller as well.. Although it is extremely important to respect SPDR SP Dividend current price movements, it is better to be realistic regarding the information on equity historical returns. The approach towards measuring future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining SPDR SP Dividend technical indicators you can now evaluate if the expected return of 0.1191% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.59 

Modest predictability

SPDR SP Dividend ETF has modest predictability. Overlapping area represents the amount of predictability between SPDR SP time series from December 23, 2017 to January 7, 2018 and January 7, 2018 to January 22, 2018. 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 SP Dividend price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current SPDR SP price fluctuation can be explain by its past prices.
Correlation Coefficient 0.59
Spearman Rank Test 0.72
Price Variance 0.22
Lagged Price Variance 0.11

SPDR SP Lagged Returns

 Regressed Prices 

SPDR SP Performance vs DOW

The median price of SPDR SP for the period between Sat, Dec 23, 2017 and Mon, Jan 22, 2018 is 94.73 with a coefficient of variation of 0.75. The daily time series for the period is distributed with a sample standard deviation of 0.71, arithmetic mean of 94.88, and mean deviation of 0.6. The Etf received some media coverage during the period.
Price Growth (%)  
SPDR SandP Dividend ETF Shares Bought by Stokes and Hubbell ...01/19/2018