SPDR Select Alpha and Beta Analysis

XLI -- USA Etf  

USD 84.13  0.54  0.65%

This module allows you to check different measures of market premium (i.e. an alpha and beta) for SPDR Select Sector Fund Indus as well as systematic risk associated with investing in SPDR Select over a specified time horizon. Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility againt benchmark. The goal is to know if an investor is being compensated for the volatility risk taken.The return on investment might be better than a benchmark but still not compensate for the assumption of the volatility risk. Check out SPDR Select Backtesting, Portfolio Optimization, SPDR Select Correlation, SPDR Select Hype Analysis, SPDR Select Volatility, SPDR Select History and analyze SPDR Select Performance.

SPDR Select Market Premiums

α0.033058   β0.06
30 days against DJI

SPDR Select expected buy-and-hold returns

SPDR Select Market Price Analysis

SPDR Select Return and Market Media

The median price of SPDR Select for the period between Sun, Nov 24, 2019 and Sat, Feb 22, 2020 is 82.5 with a coefficient of variation of 1.55. The daily time series for the period is distributed with a sample standard deviation of 1.28, arithmetic mean of 82.52, and mean deviation of 1.07. The Etf did not receive any noticable media coverage during the period.
 Price Growth (%)