Short Duration Technical Analysis

Short Duration TR Tactical ETF SPDR -- USA Etf  

USD 49.29  0.04  0.0811%

Short Duration TR Tactical ETF SPDR has Coefficient Of Variation of (685.92) and Risk Adjusted Performance of (0.1). In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Short Duration TR 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 nineteen technical drivers for Short Duration TR Tactical ETF SPDR which can be compared to its competition. Please validate Short Duration TR Variance and Potential Upside to decide if Short Duration is priced more or less accurately providing market reflects its prevalent price of 49.29 per share.
 Time Horizon     30 Days    Login   to change

Short Duration TR Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Short Duration TR volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Short Duration TR Trend Analysis

Use this graph to draw trend lines for Short Duration TR Tactical ETF SPDR. You can use it to identify possible trend reversals for Short Duration 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 Short Duration price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Short Duration Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Short Duration TR Tactical ETF SPDR applied against its price change over selected period. The best fit line has a slop of 0.005613 % which may suggest that Short Duration TR Tactical ETF SPDR market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Short Duration price change compared to its average price change.

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Short Duration TR Tactical ETF SPDR is rated below average in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.29  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Short Duration TR Tactical ETF SPDR is roughly  1.29 

One Year Return

Short Duration TR One Year Return
Based on recorded statements Short Duration TR Tactical ETF SPDR has One Year Return of 1.71%. This is 155.22% higher than that of the SPDR State Street Global Advisors family, and 14.07% lower than that of Short-Term Bond category, The One Year Return for all etfs is 236.8% lower than the firm.
  Year Return 
      Short Duration 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.

Fundamentals Correlations

Analyze Short Duration Fundamentals Trends