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 0.0803% will be sustainable into the future.
|Time Horizon||30 Days Login to change|