SPDR Portfolio Etf Market Value

SPYG Etf

USD 53.28 0.70 1.30%

SPDR Portfolio's market value is the price at which a share of SPDR Portfolio stock trades on a public exchange. It measures the collective expectations of SPDR Portfolio SP investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of SPDR Portfolio SP and determine expected loss or profit from investing in SPDR Portfolio over a given investment horizon. Check out SPDR Portfolio Correlation, SPDR Portfolio Volatility and SPDR Portfolio Alpha and Beta module to complement your research on SPDR Portfolio. For more detail on how to invest in SPDR Portfolio Etf please use our How to Invest in SPDR Portfolio guide.

Symbol

The market value of SPDR Portfolio SP is measured differently than its book value, which is the value of SPDR Portfolio that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Portfolio's value that differs from its market value or its book value, called intrinsic value, which is SPDR Portfolio'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 SPDR Portfolio's market value can be influenced by many factors that don't directly affect SPDR Portfolio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between SPDR Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine SPDR Portfolio value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Portfolio'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.

SPDR Portfolio '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 SPDR Portfolio'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 SPDR Portfolio.

0.00

04/02/2021

No Change 0.00

0.0

In 1 year 11 months and 22 days

03/23/2023

0.00

If you would invest 0.00 in SPDR Portfolio on April 2, 2021 and sell it all today you would earn a total of 0.00 from holding SPDR Portfolio SP or generate 0.0% return on investment in SPDR Portfolio over 720 days. SPDR Portfolio is related to or competes with IShares MSCI, and International Business. The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the inde... More

SPDR Portfolio 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 SPDR Portfolio'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 SPDR Portfolio SP upside and downside potential and time the market with a certain degree of confidence.

	Downside Deviation	1.08
	Information Ratio	0.0801
	Maximum Drawdown	4.07
	Value At Risk	(1.55)
	Potential Upside	1.73

SPDR Portfolio Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Portfolio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPDR Portfolio's standard deviation. In reality, there are many statistical measures that can use SPDR Portfolio historical prices to predict the future SPDR Portfolio's volatility.

	Risk Adjusted Performance	0.0427
	Jensen Alpha	0.0875
	Total Risk Alpha	0.094
	Sortino Ratio	0.0808
	Treynor Ratio	0.0369

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of SPDR Portfolio'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 SPDR Portfolio in the context of predictive analytics.

Hype

Prediction

Low	Estimated Value	High
52.23	53.29	54.35

Details

Intrinsic

Valuation

Low	Real Value	High
51.93	52.99	54.05

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as SPDR Portfolio. Your research has to be compared to or analyzed against SPDR Portfolio's peers to derive any actionable benefits. When done correctly, SPDR Portfolio'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 SPDR Portfolio SP.

SPDR Portfolio SP Backtested Returns

We consider SPDR Portfolio very steady. SPDR Portfolio SP owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.095, which indicates the etf had 0.095% of return per unit of volatility 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-eight technical indicators for SPDR Portfolio SP, which you can use to evaluate the future volatility of the etf. Please validate SPDR Portfolio coefficient of variation of 2312.41, and Risk Adjusted Performance of 0.0427 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.

The entity has a beta of 1.0046, which indicates a somewhat significant risk relative to the market. Let's try to break down what SPDR Portfolio's beta means in this case. SPDR Portfolio returns are very sensitive to returns on the market. As the market goes up or down, SPDR Portfolio is expected to follow. Although it is important to respect SPDR Portfolio SP current price movements, it is better to be realistic regarding the information on the equity's historical returns. 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 examining SPDR Portfolio SP technical indicators, you can now evaluate if the expected return of 0.1% will be sustainable into the future.

Auto-correlation

-0.45

Modest reverse predictability

SPDR Portfolio SP has modest reverse predictability. Overlapping area represents the amount of predictability between SPDR Portfolio time series from 2nd of April 2021 to 28th of March 2022 and 28th of March 2022 to 23rd of March 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SPDR Portfolio SP price movement. The serial correlation of -0.45 indicates that just about 45.0% of current SPDR Portfolio price fluctuation can be explain by its past prices.

	Correlation Coefficient	-0.45
	Spearman Rank Test	-0.22
	Residual Average	0.0
	Price Variance	14.59

SPDR Portfolio SP lagged returns against current returns

Autocorrelation, which is SPDR Portfolio 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 SPDR Portfolio's etf expected returns. We can calculate the autocorrelation of SPDR Portfolio returns to help us make a trade decision. For example, suppose you find that SPDR Portfolio 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

Timeline

SPDR Portfolio 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 SPDR Portfolio etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SPDR Portfolio etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SPDR Portfolio etf over time.

Current vs Lagged Prices

Timeline

SPDR Portfolio Lagged Returns

When evaluating SPDR Portfolio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SPDR Portfolio etf have on its future price. SPDR Portfolio 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, SPDR Portfolio autocorrelation shows the relationship between SPDR Portfolio etf current value and its past values and can show if there is a momentum factor associated with investing in SPDR Portfolio SP.

Regressed Prices

Timeline

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR Portfolio without increasing your portfolio risk or giving up the 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.

Did you try this?

Run Share Portfolio Now

Share Portfolio

Track or share privately all of your investments from the convenience of any device

All Next

Launch Module

Currently Active Assets on Macroaxis

C	Citigroup
F	Ford Motor
F	Ford Motor
V	Visa Inc Class
VMW	VMware Inc

Check out SPDR Portfolio Correlation, SPDR Portfolio Volatility and SPDR Portfolio Alpha and Beta module to complement your research on SPDR Portfolio. For more detail on how to invest in SPDR Portfolio Etf please use our How to Invest in SPDR Portfolio guide. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for analysis

When running SPDR Portfolio SP price analysis, check to measure SPDR Portfolio'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 SPDR Portfolio is operating at the current time. Most of SPDR Portfolio's value examination focuses on studying past and present price action to predict the probability of SPDR Portfolio's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPDR Portfolio's price. Additionally, you may evaluate how the addition of SPDR Portfolio to your portfolios can decrease your overall portfolio volatility.

	Share Portfolio Track or share privately all of your investments from the convenience of any device
	Bond Directory Find actively traded corporate debentures issued by US companies
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk

SPDR Portfolio 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, etf market cycles, or different charting patterns.

Volatility Indicators

View

Value Movement

View

A focus of SPDR Portfolio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SPDR Portfolio 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...

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2023 Macroaxis LLC

SPDR Portfolio Etf Market Value

SPDR Portfolio 'What if' Analysis

SPDR Portfolio Upside/Downside Indicators

SPDR Portfolio Market Risk Indicators

SPDR Portfolio SP Backtested Returns

Auto-correlation

Modest reverse predictability

SPDR Portfolio SP lagged returns against current returns

SPDR Portfolio regressed lagged prices vs. current prices

SPDR Portfolio Lagged Returns

Be your own money manager

Did you try this?

Run Share Portfolio Now

Share Portfolio

Currently Active Assets on Macroaxis

Complementary Tools for analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY