SPDR Portfolio Backtesting

SPIB -- USA Etf  

USD 33.20  0.03  0.09%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of SPDR Portfolio Interm Term Corp Bd ETF 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

May 22, 2018
0.00
No Change 0.00  0.0%
In 31 days
June 21, 2018
0.00
If you would invest  0.00  in SPDR Portfolio on May 22, 2018 and sell it all today you would earn a total of 0.00 from holding SPDR Portfolio Interm Term Corp Bd ETF or generate 0.0% return on investment in SPDR Portfolio over 30 days. SPDR Portfolio is related to or competes with Sage ESG, iShares Edge, AGFiQ Hedged, ProShares Short, PowerShares SP, Fidelity MSCI, and UITB. The investment seeks to provide investment results that correspond generally to the price and yield performance of the B...

SPDR Portfolio Upside/Downside Indicators

Downside Deviation0.1692
Information Ratio0.0163
Maximum Drawdown0.7798
Value At Risk0.21
Potential Upside0.3018
  

SPDR Portfolio Market Premium Indicators

Risk Adjusted Performance0.01
Sortino Ratio0.0171

SPDR Portfolio Interm Backtested Returns

We consider SPDR Portfolio not too risky. SPDR Portfolio Interm owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0245 which indicates SPDR Portfolio Interm had 0.0245% 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-eight technical indicators for SPDR Portfolio Interm Term Corp Bd ETF which you can use to evaluate future volatility of the etf. Please validate SPDR Portfolio Risk Adjusted Performance of 0.01 and Coefficient Of Variation of 6148.95 to confirm if risk estimate we provide are consistent with the epected return of 0.0045%. The entity has beta of 0.0 which indicates the returns on MARKET and SPDR Portfolio are completely uncorrelated. Although it is extremely important to respect SPDR Portfolio Interm 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 Portfolio Interm technical indicators you can now evaluate if the expected return of 0.0045% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.06 

Virtually no predictability

SPDR Portfolio Interm Term Corp Bd ETF has virtually no predictability. Overlapping area represents the amount of predictability between SPDR Portfolio time series from May 22, 2018 to June 6, 2018 and June 6, 2018 to June 21, 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 Interm price movement. The serial correlation of 0.06 indicates that barely 6.0% of current SPDR Portfolio price fluctuation can be explain by its past prices.
Correlation Coefficient 0.06
Spearman Rank Test 0.19
Lagged Price Variance 0.01
Average Price 33.19

SPDR Portfolio Interm 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 Lagged Returns

 Regressed Prices 
      Timeline 

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Price Exposure Probability

Analyze equity upside and downside potential for a given time horizon across multiple markets
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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. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.