SPDR Portfolio Backtesting

SPDR Portfolio Intermediate Term Corporate Bond -- USA Etf  

USD 34.04  0.08  0.23%

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

SPDR Portfolio 'What if' Analysis

December 19, 2017
0.00
No Change 0.00  0.0%
In 30 days
January 18, 2018
0.00
If you would invest  0.00  in SPDR Portfolio on December 19, 2017 and sell it all today you would earn a total of 0.00 from holding SPDR Portfolio Intermediate Term Corporate Bond or generate 0.0% return on investment in SPDR Portfolio over 30 days. SPDR Portfolio is related to or competes with iShares iBoxx, iShares Intermediate, Guggenheim BulletShrs, PIMCO Investment, and Guggenheim BulletShrs. The investment seeks to provide investment results that correspond generally to the price and yield performance of the B...

SPDR Portfolio Upside/Downside Indicators

  

SPDR Portfolio Market Premium Indicators

SPDR Portfolio Inter lagged returns against current returns

 Current and Lagged Values 
      Timeline 

SPDR Portfolio regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

SPDR Portfolio Inter Backtested Returns

Macroaxis considers SPDR Portfolio to be not too risky. SPDR Portfolio Inter owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1016 which indicates SPDR Portfolio Inter had -0.1016% of return per unit of volatility over the last 1 month. Macroaxis approach towards measuring risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. SPDR Portfolio Intermediate Term Corporate Bond exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate SPDR Portfolio Risk Adjusted Performance of (0.12) and Coefficient Of Variation of (366.76) to confirm risk estimate we provide. The entity has beta of -0.0309 which indicates as returns on market increase, returns on owning SPDR Portfolio are expected to decrease at a much smaller rate. During bear market, SPDR Portfolio is likely to outperform the market.. Even though it is essential to pay attention to SPDR Portfolio Inter current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis approach towards measuring future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SPDR Portfolio Intermediate Term Corporate Bond exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.62) 

Very good reverse predictability

SPDR Portfolio Intermediate Term Corporate Bond has very good reverse predictability. Overlapping area represents the amount of predictability between SPDR Portfolio time series from December 19, 2017 to January 3, 2018 and January 3, 2018 to January 18, 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 Portfolio Inter price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current SPDR Portfolio price fluctuation can be explain by its past prices. Given that SPDR Portfolio Intermediate Term Corporate Bond has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of SPDR Portfolio for similar time interval.
Correlation Coefficient -0.62
Spearman Rank Test -0.67
Average Price 34.14
Lagged Average Price 34.17

SPDR Portfolio Lagged Returns

 Regressed Prices 
      Timeline 

SPDR Portfolio Performance vs DOW

The median price of SPDR Portfolio for the period between Tue, Dec 19, 2017 and Thu, Jan 18, 2018 is 34.15 with a coefficient of variation of 0.2. The daily time series for the period is distributed with a sample standard deviation of 0.07, arithmetic mean of 34.17, and mean deviation of 0.05. The Etf received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
SPDR Series Trust Relative Momentum Continuing to Trend High...01/05/2018
2
SPDR Series Trust Plans Monthly Dividend of 0.1801/12/2018