|Horizon||30 Days Login to change|
SPDR SP Market Sensitivity
SPDR SP Dividend Technical Analysis
SPDR SP Projected Return Density Against MarketConsidering 30-days investment horizon, SPDR SP has beta of 0.6539 . This entails as returns on market go up, SPDR SP average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SPDR SP Dividend ETF will be expected to be much smaller as well. Moreover, SPDR SP Dividend ETF has an alpha of 0.1544 implying that it can potentially generate 0.1544% excess return over DOW after adjusting for the inherited market risk (beta).
SPDR SP Return VolatilitySPDR SP Dividend ETF has volatility of 1.0% on return distribution over 30 days investment horizon. DOW inherits 1.2677% risk (volatility on return distribution) over the 30 days horizon.