Short Duration TR Tactical ETF SPDR has Coefficient Of Variation of
(2,501) and Risk Adjusted Performance of (0.048167). 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 49.35 per share.
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Short Duration TR Technical Analysis
Short Duration TR Trend AnalysisUse 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 LineThe 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 0.00007353 % which means Short Duration TR Tactical ETF SPDR will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Short Duration price change compared to its average price change.
Short Duration TR Tactical ETF SPDR is rated second largest ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about 1.39 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Short Duration TR Tactical ETF SPDR is roughly 1.39