Spdr Dow Jones Etf Odds of Future Etf Price Finishing Under 37.33
| RWO Etf | USD 46.73 0.38 0.82% |
Closest to current price SPDR long CALL Option Payoff at Expiration
SPDR |
SPDR Dow Target Price Odds to finish below 37.33
The tendency of SPDR Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 37.33 or more in 90 days |
| 46.73 | 90 days | 37.33 | near 1 |
Based on a normal probability distribution, the odds of SPDR Dow to drop to $ 37.33 or more in 90 days from now is near 1 (This SPDR Dow Jones probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) . Probability of SPDR Dow Jones price to stay between $ 37.33 and its current price of $46.73 at the end of the 90-day period is about 66.29 .
Considering the 90-day investment horizon SPDR Dow has a beta of 0.21 indicating as returns on the market go up, SPDR Dow average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Dow Jones will be expected to be much smaller as well. Additionally SPDR Dow Jones has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. SPDR Dow Price Density |
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Predictive Modules for SPDR Dow
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SPDR Dow Jones. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SPDR Dow'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.
SPDR Dow Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SPDR Dow is not an exception. The market had few large corrections towards the SPDR Dow's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold SPDR Dow Jones, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SPDR Dow within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 0.83 | |
Ir | Information ratio | -0.14 |
SPDR Dow Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of SPDR Dow for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SPDR Dow Jones can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from thelincolnianonline.com: Great Valley Advisor Group Inc. Grows Holdings in SPDR Dow Jones Global Real Estate ETF | |
| The fund generated three year return of -1.0% | |
| SPDR Dow Jones maintains 99.01% of its assets in stocks |
SPDR Dow Technical Analysis
SPDR Dow's future price can be derived by breaking down and analyzing its technical indicators over time. SPDR Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SPDR Dow Jones. In general, you should focus on analyzing SPDR Etf price patterns and their correlations with different microeconomic environments and drivers.
SPDR Dow Predictive Forecast Models
SPDR Dow's time-series forecasting models is one of many SPDR Dow's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary SPDR Dow's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about SPDR Dow Jones
Checking the ongoing alerts about SPDR Dow for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SPDR Dow Jones help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from thelincolnianonline.com: Great Valley Advisor Group Inc. Grows Holdings in SPDR Dow Jones Global Real Estate ETF | |
| The fund generated three year return of -1.0% | |
| SPDR Dow Jones maintains 99.01% of its assets in stocks |
Check out SPDR Dow Backtesting, Portfolio Optimization, SPDR Dow Correlation, SPDR Dow Hype Analysis, SPDR Dow Volatility, SPDR Dow History as well as SPDR Dow Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of SPDR Dow Jones is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Dow's value that differs from its market value or its book value, called intrinsic value, which is SPDR Dow'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 Dow's market value can be influenced by many factors that don't directly affect SPDR Dow'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 Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Dow'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.