|Horizon||30 Days Login to change|
SPDR Portfolio Market Sensitivity
|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.One Month Beta |Analyze SPDR Portfolio Interm Demand TrendCheck current 30 days SPDR Portfolio correlation with market (DOW)|
β = 0.0377
SPDR Portfolio Interm Technical Analysis
SPDR Portfolio Projected Return Density Against MarketGiven the investment horizon of 30 days, SPDR Portfolio has beta of 0.0377 . This entails as returns on market go up, SPDR Portfolio average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SPDR Portfolio Interm Term Corp Bd ETF will be expected to be much smaller as well. Additionally, SPDR Portfolio Interm Term Corp Bd ETF has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
SPDR Portfolio Return VolatilitySPDR Portfolio Interm Term Corp Bd ETF inherits 0.1483% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.