SPDR Portfolio Backtesting

SPIB -- USA Etf  

USD 33.25  0.02  0.06%

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.
Horizon     30 Days    Login   to change
SymbolX
Backtest

SPDR Portfolio 'What if' Analysis

August 24, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 23, 2018
0.00
If you would invest  0.00  in SPDR Portfolio on August 24, 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 Guggenheim BulletShrs, iShares iBonds, Guggenheim BulletShrs, PowerShares LadderRite, Sage ESG, WisdomTree Fundamental, and Home Depot. The investment seeks to provide investment results that correspond generally to the price and yield performance of the B...

SPDR Portfolio Upside/Downside Indicators

Information Ratio2.02
Maximum Drawdown0.2996
Value At Risk0.21
Potential Upside0.1203
  

SPDR Portfolio Market Premium Indicators

Risk Adjusted Performance0.18
Jensen Alpha0.05
Total Risk Alpha0.08
Treynor Ratio0.72

SPDR Portfolio Interm Backtested Returns

Macroaxis considers SPDR Portfolio to be not too risky. SPDR Portfolio Interm owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.2923 which indicates SPDR Portfolio Interm had -0.2923% 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 Interm Term Corp Bd ETF 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 0.18 and Coefficient Of Variation of 317.12 to confirm risk estimate we provide. The entity has beta of 0.059 which indicates as returns on market increase, SPDR Portfolio returns are expected to increase less than the market. However during bear market, the loss on holding SPDR Portfolio will be expected to be smaller as well.. Even though it is essential to pay attention to SPDR Portfolio Interm 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 Interm Term Corp Bd ETF exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.47 

Average predictability

SPDR Portfolio Interm Term Corp Bd ETF has average predictability. Overlapping area represents the amount of predictability between SPDR Portfolio time series from August 24, 2018 to September 8, 2018 and September 8, 2018 to September 23, 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 0.47 indicates that about 47.0% of current SPDR Portfolio price fluctuation can be explain by its past prices.
Correlation Coefficient0.47
Spearman Rank Test0.22
Residual Average0.0
Price Variance0.0

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 

Current Sentiment - SPIB

SPDR Portfolio Interm Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in SPDR Portfolio Interm Term Corp Bd ETF. What is your outlook on investing in SPDR Portfolio Interm Term Corp Bd ETF? Are you bullish or bearish?
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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 Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.
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