Our approach towards measuring volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for SPDR Bl Ba 10Y US Co Bd UETF R which you can use to evaluate future volatility of the fund. Please validate SPDR Bl Coefficient Of Variation of 614.77 and Risk Adjusted Performance of 0.1065 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
SPDR Bl Market Sensitivity
|As returns on market increase, returns on owning SPDR Bl are expected to decrease at a much smaller rate. During bear market, SPDR Bl is likely to outperform the market. 2 Months Beta |Analyze SPDR Bl Ba Demand TrendCheck current 30 days SPDR Bl correlation with market (DOW)|
β = -0.1462
SPDR Bl Central Daily Price Deviation
SPDR Bl Ba Technical Analysis
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SPDR Bl Projected Return Density Against MarketAssuming 30 trading days horizon, SPDR Bl Ba 10Y US Co Bd UETF R has beta of -0.1462 . This entails as returns on benchmark increase, returns on holding SPDR Bl are expected to decrease at a much smaller rate. During bear market, however, SPDR Bl Ba 10Y US Co Bd UETF R is likely to outperform the market. Moreover, The company has an alpha of 0.1562 implying that it can potentially generate 0.1562% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.16|
|Beta against DOW||=||0.15|
SPDR Bl Return Volatilitythe entity accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.5769% risk (volatility on return distribution) over the 30 days horizon.
SPDR Bl Investment Opportunity
DOW has a standard deviation of returns of 0.58 and is 9.223372036854776E16 times more volatile than SPDR Bl Ba 10Y US Co Bd UETF R. 0% of all equities and portfolios are less risky than SPDR Bl. Compared to the overall equity markets, volatility of historical daily returns of SPDR Bl Ba 10Y US Co Bd UETF R is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use SPDR Bl Ba 10Y US Co Bd UETF R to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of SPDR Bl to be traded at 31.19 in 30 days. . As returns on market increase, returns on owning SPDR Bl are expected to decrease at a much smaller rate. During bear market, SPDR Bl is likely to outperform the market.
SPDR Bl correlation with market
SPDR Bl Current Risk Indicators
|Risk Adjusted Performance||0.1065|
|Market Risk Adjusted Performance||(0.93)|
|Coefficient Of Variation||614.77|
SPDR Bl Suggested Diversification Pairs
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