SPDR SP Technical Analysis

SPDR SP 500 ETF -- USA Etf  

USD 267.02  0.24  0.09%

SPDR SP 500 ETF has Risk Adjusted Performance of 0.1781 and Standard Deviation of 0.4166. In connection with Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check practical technical drivers of SPDR SP 500 as well as the relationship between them. In other words you can use this information to find out if the etf will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found eighteen technical drivers for SPDR SP 500 ETF which can be compared to its competition. Please validate SPDR SP 500 Treynor Ratio, and the relationship between Variance and Potential Upside to decide if SPDR SP is priced adequately providing market reflects its prevalent price of 267.02 per share.
Investment Horizon     30 Days    Login   to change

SPDR SP 500 Trend Analysis

Use this graph to draw trend lines for SPDR SP 500 ETF. You can use it to identify possible trend reversals for SPDR SP as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SPDR SP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SPDR SP Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SPDR SP 500 ETF applied against its price change over selected period. The best fit line has a slop of 0.49 % which may imply that SPDR SP 500 ETF will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 193.93, which is the sum of squared deviations for the predicted SPDR SP price change compared to its average price change.

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SPDR SP 500 ETF is rated fourth largest ETF in mean deviation as compared to similar ETFs. It is rated third largest ETF in standard deviation as compared to similar ETFs creating about  1.27  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for SPDR SP 500 ETF is roughly  1.27 

One Year Return

SPDR SP 500 One Year Return
Based on recorded statements SPDR SP 500 ETF has One Year Return of 22.68%. This is 3285.07% higher than that of the SPDR State Street Global Advisors family, and 211.47% higher than that of Large Blend category, The One Year Return for all etfs is 1914.4% lower than the firm.
  Year Return 
      SPDR SP Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.