SPDR SP Backtesting

SDY -- USA Etf  

USD 94.38  0.23  0.24%

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
SymbolX
Backtest

SPDR SP 'What if' Analysis

June 17, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 17, 2018
0.00
If you would invest  0.00  in SPDR SP on June 17, 2018 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 Vanguard Dividend, Vanguard High, iShares Select, iShares US, PowerShares Preferred, and ISHARES DJ. The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total ret...

SPDR SP Upside/Downside Indicators

Downside Deviation0.4494
Maximum Drawdown1.63
Value At Risk0.54
Potential Upside0.5719
  

SPDR SP Market Premium Indicators

Risk Adjusted Performance0.01

SPDR SP Dividend Backtested Returns

We consider SPDR SP not too risky. SPDR SP Dividend owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.1596 which indicates SPDR SP Dividend had 0.1596% 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 0.01 and Coefficient Of Variation of 983.43 to confirm if risk estimate we provide are consistent with the epected return of 0.0659%. The entity has beta of 0.0 which indicates the returns on MARKET and SPDR SP are completely uncorrelated. 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 0.0659% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.55) 

Good reverse predictability

SPDR SP Dividend ETF has good reverse predictability. Overlapping area represents the amount of predictability between SPDR SP time series from June 17, 2018 to July 2, 2018 and July 2, 2018 to July 17, 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 -0.55 indicates that about 55.0% of current SPDR SP price fluctuation can be explain by its past prices. Given that SPDR SP Dividend ETF has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of SPDR SP for similar time interval.
Correlation Coefficient -0.55
Spearman Rank Test -0.48
Price Variance 0.46
Lagged Price Variance 0.06

SPDR SP Dividend lagged returns against current returns

 Current and Lagged Values 
      Timeline 

SPDR SP regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

SPDR SP Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - SDY

SPDR SP Dividend Investor Sentiment
Predominant part of Macroaxis users are at this time bullish on SPDR SP Dividend ETF. What is your outlook on investing in SPDR SP Dividend ETF? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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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. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.