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SPDR Portfolio Backtesting

SPD
SPIB -- USA Etf  

0.078 Dividend

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. Additionally, 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.
Symbol
Backtest

SPDR Portfolio 'What if' Analysis

0.00
01/07/2020
No Change 0.00  0.0 
In 3 months and 1 day
04/06/2020
0.00
If you would invest  0.00  in SPDR Portfolio on January 7, 2020 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 Pimco Investment, Fidelity Corporate, Principal Investment, Vanguard Total, FlexShares Credit, and IShares Aaa. The investment seeks to provide investment results that correspond generally to the price and yield performance of the B...

SPDR Portfolio Upside/Downside Indicators

Information Ratio0.2453
Maximum Drawdown7.78
Value At Risk(1.84)
Potential Upside1.5

SPDR Portfolio Market Premium Indicators

Risk Adjusted Performance(0.18)
Jensen Alpha(0.038554)
Total Risk Alpha0.0855
Treynor Ratio(0.94)

SPDR Portfolio Inter Backtested Returns

Macroaxis considers SPDR Portfolio to be not too volatile. SPDR Portfolio Inter owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0287, which indicates the organization had -0.0287% of return per unit of volatility over the last 3 months. Macroaxis approach towards measuring risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. SPDR Portfolio Intermediate Ter exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate SPDR Portfolio Risk Adjusted Performance of (0.18) and Coefficient Of Variation of (2,395) to confirm the risk estimate we provide. The entity has a beta of 0.0732, which indicates as returns on market increase, SPDR Portfolio returns are expected to increase less than the market. However, during bear market, the loss on holding SPDR Portfolio will be expected to be smaller as well. Even though it is essential to pay attention to SPDR Portfolio Inter current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis approach towards measuring future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SPDR Portfolio Intermediate Ter exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.66) 
correlation synergy

Very good reverse predictability

SPDR Portfolio Intermediate Ter has very good reverse predictability. Overlapping area represents the amount of predictability between SPDR Portfolio time series from 7th of January 2020 to 21st of February 2020 and 21st of February 2020 to 6th of April 2020. 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 -0.66 indicates that around 66.0% of current SPDR Portfolio price fluctuation can be explain by its past prices. Given that SPDR Portfolio Intermediate Ter has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of SPDR Portfolio for similar time interval.
Correlation Coefficient-0.66
Spearman Rank Test-0.51
Residual Average0.0
Price Variance2.55

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 

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Additionally, 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 Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page