SP 500 Etf Market Value

SPY -  USA Etf  

USD 453.12  0.47  0.10%

SP 500's market value is the price at which a share of SP 500 stock trades on a public exchange. It measures the collective expectations of SP 500 SPDR investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of SP 500 SPDR and determine expected loss or profit from investing in SP 500 over a given investment horizon. Additionally, take a look at SP 500 Hype Analysis, SP 500 Correlation, Portfolio Optimization, SP 500 Volatility, as well as analyze SP 500 Alpha and Beta and SP 500 Performance.
Symbol
Backtest

The market value of SP 500 SPDR is measured differently than its book value, which is the value of SP 500 that is recorded on the company's balance sheet. Investors also form their own opinion of SP 500's value that differs from its market value or its book value, called intrinsic value, which is SP 500's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP 500's market value can be influenced by many factors that don't directly affect SP 500 SPDR underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP 500's value and its price as these two are different measures arrived at by different means. Investors typically determine SP 500 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP 500's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

SP 500 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SP 500's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SP 500.
0.00
07/29/2020
No Change 0.00  0.0 
In 1 year 2 months and 27 days
10/22/2021
0.00
If you would invest  0.00  in SP 500 on July 29, 2020 and sell it all today you would earn a total of 0.00 from holding SP 500 SPDR or generate 0.0% return on investment in SP 500 over 450 days. SP 500 is related to or competes with Russell 1000, Dimensional, and GS Activebeta. The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield pe...

SP 500 Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SP 500's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SP 500 SPDR upside and downside potential and time the market with a certain degree of confidence.

SP 500 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SP 500's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SP 500's standard deviation. In reality, there are many statistical measures that can use SP 500 historical prices to predict the future SP 500's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of SP 500's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of SP 500 in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
452.17452.87453.57
Details
Intrinsic
Valuation
LowReal ValueHigh
393.51394.21498.43
Details
Naive
Forecast
LowNext ValueHigh
461.60462.30463.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
427.33441.80456.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SP 500. Your research has to be compared to or analyzed against SP 500's peers to derive any actionable benefits. When done correctly, SP 500's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in SP 500 SPDR.

SP 500 SPDR Backtested Returns

We consider SP 500 very steady. SP 500 SPDR retains Efficiency (Sharpe Ratio) of 0.0712, which indicates the etf had 0.0712% of return per unit of price deviation over the last 3 months. Our approach towards measuring the volatility of an etf is to use all available market data together with etf-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for SP 500, which you can use to evaluate the future volatility of the etf. Please validate SP 500 SPDR Mean Deviation of 0.5363, downside deviation of 0.7787, and Risk Adjusted Performance of 0.0672 to confirm if the risk estimate we provide is consistent with the expected return of 0.0497%.
The entity owns a Beta (Systematic Risk) of 0.9377, which indicates possible diversification benefits within a given portfolio. Let's try to break down what SP 500's beta means in this case. SP 500 returns are very sensitive to returns on the market. As the market goes up or down, SP 500 is expected to follow. Although it is extremely important to respect SP 500 SPDR existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach towards measuring future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing SP 500 SPDR technical indicators, you can at this time evaluate if the expected return of 0.0497% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.85   

Very good predictability

SP 500 SPDR has very good predictability. Overlapping area represents the amount of predictability between SP 500 time series from 29th of July 2020 to 11th of March 2021 and 11th of March 2021 to 22nd of October 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SP 500 SPDR price movement. The serial correlation of 0.85 indicates that around 85.0% of current SP 500 price fluctuation can be explain by its past prices.
Correlation Coefficient0.85
Spearman Rank Test0.82
Residual Average0.0
Price Variance307.33

SP 500 SPDR lagged returns against current returns

Autocorrelation, which is SP 500 etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SP 500's etf expected returns. We can calculate the autocorrelation of SP 500 returns to help us make a trade decision. For example, suppose you find that SP 500 etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

SP 500 regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SP 500 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SP 500 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SP 500 etf over time.
 Current vs Lagged Prices 
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      Timeline 

SP 500 Lagged Returns

When evaluating SP 500's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SP 500 etf have on its future price. SP 500 autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SP 500 autocorrelation shows the relationship between SP 500 etf current value and its past values and can show if there is a momentum factor associated with investing in SP 500 SPDR.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in SP 500 without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at SP 500 Hype Analysis, SP 500 Correlation, Portfolio Optimization, SP 500 Volatility, as well as analyze SP 500 Alpha and Beta and SP 500 Performance. Note that the SP 500 SPDR information on this page should be used as a complementary analysis to other SP 500's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running SP 500 SPDR price analysis, check to measure SP 500's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SP 500 is operating at the current time. Most of SP 500's value examination focuses on studying past and present price action to predict the probability of SP 500's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SP 500's price. Additionally, you may evaluate how the addition of SP 500 to your portfolios can decrease your overall portfolio volatility.
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SP 500 technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of SP 500 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SP 500 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...