Spdr Portfolio Sp Etf Probability of Future Etf Price Finishing Under 47.25
| SPSM Etf | USD 49.18 0.07 0.14% |
Closest to current price SPDR long CALL Option Payoff at Expiration
SPDR |
SPDR Portfolio Target Price Odds to finish below 47.25
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 $ 47.25 or more in 90 days |
| 49.18 | 90 days | 47.25 | about 84.51 |
Based on a normal probability distribution, the odds of SPDR Portfolio to drop to $ 47.25 or more in 90 days from now is about 84.51 (This SPDR Portfolio SP probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) . Probability of SPDR Portfolio SP price to stay between $ 47.25 and its current price of $49.18 at the end of the 90-day period is about 13.78 .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.46 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SPDR Portfolio will likely underperform. Additionally SPDR Portfolio SP 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 Portfolio Price Density |
| Price |
Predictive Modules for SPDR Portfolio
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 Portfolio SP. 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 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.
SPDR Portfolio Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SPDR Portfolio is not an exception. The market had few large corrections towards the SPDR Portfolio'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 Portfolio SP, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SPDR Portfolio within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 1.46 | |
σ | Overall volatility | 1.69 | |
Ir | Information ratio | 0.02 |
SPDR Portfolio 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 Portfolio for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SPDR Portfolio SP 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: Private Trust Co. NA Buys 1,228 Shares of SPDR Portfolio SP 600 Small Cap ETF | |
| The fund maintains 99.85% of its assets in stocks |
SPDR Portfolio Technical Analysis
SPDR Portfolio'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 Portfolio SP. In general, you should focus on analyzing SPDR Etf price patterns and their correlations with different microeconomic environments and drivers.
SPDR Portfolio Predictive Forecast Models
SPDR Portfolio's time-series forecasting models is one of many SPDR Portfolio'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 Portfolio'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 Portfolio SP
Checking the ongoing alerts about SPDR Portfolio for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SPDR Portfolio SP 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: Private Trust Co. NA Buys 1,228 Shares of SPDR Portfolio SP 600 Small Cap ETF | |
| The fund maintains 99.85% of its assets in stocks |
Check out SPDR Portfolio Backtesting, Portfolio Optimization, SPDR Portfolio Correlation, SPDR Portfolio Hype Analysis, SPDR Portfolio Volatility, SPDR Portfolio History as well as SPDR Portfolio Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of SPDR Portfolio SP 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 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 if SPDR Portfolio is a good investment 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.