SPDR Portfolio Backtesting

SPIB -- USA Etf  

USD 34.94  0.16  0.46%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of SPDR Portfolio Intermediate Ter and determine expected loss or profit from investing in SPDR Portfolio over given investment horizon. Also please take a look at SPDR Portfolio Hype Analysis, SPDR Portfolio Correlation, Portfolio Optimization, SPDR Portfolio Volatility as well as analyze SPDR Portfolio Alpha and Beta and SPDR Portfolio Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

SPDR Portfolio 'What if' Analysis

June 18, 2019
0.00
No Change 0.00  0.0%
In 3 months and 1 day
September 16, 2019
0.00
If you would invest  0.00  in SPDR Portfolio on June 18, 2019 and sell it all today you would earn a total of 0.00 from holding SPDR Portfolio Intermediate Ter or generate 0.0% return on investment in SPDR Portfolio over 90 days. SPDR Portfolio is related to or competes with SPDR ICE, iShares ESG, ProShares, Sage ESG, SPDR SSgA, IQ Hedge, and SPDR Series. The investment seeks to provide investment results that correspond generally to the price and yield performance of the B...

SPDR Portfolio Upside/Downside Indicators

Downside Deviation0.1969
Information Ratio(0.021855)
Maximum Drawdown0.9666
Value At Risk(0.25)
Potential Upside0.2298

SPDR Portfolio Market Premium Indicators

Risk Adjusted Performance0.0698
Jensen Alpha0.0127
Total Risk Alpha0.0087
Sortino Ratio(0.019192)
Treynor Ratio(0.18)

SPDR Portfolio Inter Backtested Returns

We consider SPDR Portfolio very steady. SPDR Portfolio Inter owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0837 which indicates the organization had 0.0837% of return per unit of volatility over the last 3 months. Our approach towards measuring 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 Intermediate Ter which you can use to evaluate future volatility of the etf. Please validate SPDR Portfolio Coefficient Of Variation of 797.25 and Risk Adjusted Performance of 0.0698 to confirm if risk estimate we provide are consistent with the epected return of 0.0162%. The entity has beta of -0.0651 which indicates as returns on market increase, returns on owning SPDR Portfolio are expected to decrease at a much smaller rate. During bear market, SPDR Portfolio is likely to outperform the market. Although it is extremely important to respect SPDR Portfolio Inter current price movements, it is better to be realistic regarding the information on equity 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 Inter technical indicators you can now evaluate if the expected return of 0.0162% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

SPDR Portfolio Intermediate Ter has no correlation between past and present. Overlapping area represents the amount of predictability between SPDR Portfolio time series from June 18, 2019 to August 2, 2019 and August 2, 2019 to September 16, 2019. 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 Inter price movement. The serial correlation of 0.0 indicates that just 0.0% of current SPDR Portfolio price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.15
Residual Average0.0
Price Variance0.03

SPDR Portfolio Inter lagged returns against current returns

 Current and Lagged Values 
      Timeline 

SPDR Portfolio regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

SPDR Portfolio Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - SPIB

SPDR Portfolio Inter Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in SPDR Portfolio Intermediate Ter. What is your outlook on investing in SPDR Portfolio Intermediate Ter? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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Also please take a look at SPDR Portfolio Hype Analysis, SPDR Portfolio Correlation, Portfolio Optimization, SPDR Portfolio Volatility as well as analyze SPDR Portfolio Alpha and Beta and SPDR Portfolio Performance. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.
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