|SPIB -- USA Etf|| |
USD 33.27 0.05 0.00%
The entity has beta of 0.0277 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. 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 0.0296% will be sustainable into the future.
SPDR Portfolio Interm Relative Risk vs. Return Landscape
If you would invest 3,289
in SPDR Portfolio Interm Term Corp Bd ETF on December 22, 2018
and sell it today you would earn a total of 38.00
from holding SPDR Portfolio Interm Term Corp Bd ETF or generate 1.16%
return on investment over 30
days. SPDR Portfolio Interm Term Corp Bd ETF is currently generating 0.0296% of daily expected returns and assumes 0.1414% risk (volatility on return distribution) over the 30 days horizon. In different words, 1% of equities are less volatile than SPDR Portfolio and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, SPDR Portfolio is expected to generate 2.09 times less return on investment than the market. But when comparing it to its historical volatility, the company is 14.11 times less risky than the market. It trades about 0.21 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 of returns per unit of risk over similar time horizon.
SPDR Portfolio Market Risk Analysis
Sharpe Ratio = 0.2089
SPDR Portfolio Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average SPDR Portfolio is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SPDR Portfolio
by adding it to a well-diversified
Compared to the overall equity markets, risk-adjusted returns on investments in SPDR Portfolio Interm Term Corp Bd ETF are ranked lower than 13 (%) of all global equities and portfolios over the last 30 days.
|The fund maintains about 98.48% of its assets in bonds|
|Fifty Two Week Low||32.70|
|Fifty Two Week High||34.06|