Spdr Sp Health Etf Technical Analysis
| XHE Etf | USD 86.19 0.61 0.70% |
As of the 19th of February, SPDR SP has the coefficient of variation of 2275.79, and Risk Adjusted Performance of 0.0388. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SPDR SP Health, as well as the relationship between them. Please validate SPDR SP Health information ratio, as well as the relationship between the value at risk and expected short fall to decide if SPDR SP is priced adequately, providing market reflects its prevalent price of 86.19 per share.
SPDR SP Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPDR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPDRSPDR SP's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.The market value of SPDR SP Health 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, SPDR SP's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
SPDR SP '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 SP'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 SP.
| 11/21/2025 |
| 02/19/2026 |
If you would invest 0.00 in SPDR SP on November 21, 2025 and sell it all today you would earn a total of 0.00 from holding SPDR SP Health or generate 0.0% return on investment in SPDR SP over 90 days. SPDR SP is related to or competes with SPDR SP, Simplify Exchange, Invesco SP, SPDR SP, Innovator, Capitol Series, and Innovator Equity. In seeking to track the performance of the SP Health Care Equipment Select Industry Index , the fund employs a sampling ... More
SPDR SP 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 SP'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 SP Health upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.0089 | |||
| Maximum Drawdown | 7.88 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.41 |
SPDR SP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR SP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPDR SP's standard deviation. In reality, there are many statistical measures that can use SPDR SP historical prices to predict the future SPDR SP's volatility.| Risk Adjusted Performance | 0.0388 | |||
| Jensen Alpha | 0.0098 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0114 | |||
| Treynor Ratio | 0.046 |
SPDR SP February 19, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0388 | |||
| Market Risk Adjusted Performance | 0.056 | |||
| Mean Deviation | 0.9876 | |||
| Semi Deviation | 1.0 | |||
| Downside Deviation | 1.05 | |||
| Coefficient Of Variation | 2275.79 | |||
| Standard Deviation | 1.33 | |||
| Variance | 1.78 | |||
| Information Ratio | 0.0089 | |||
| Jensen Alpha | 0.0098 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0114 | |||
| Treynor Ratio | 0.046 | |||
| Maximum Drawdown | 7.88 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.41 | |||
| Downside Variance | 1.1 | |||
| Semi Variance | 1.01 | |||
| Expected Short fall | (1.31) | |||
| Skewness | 0.7649 | |||
| Kurtosis | 1.6 |
SPDR SP Health Backtested Returns
At this point, SPDR SP is very steady. SPDR SP Health owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0323, which indicates the etf had a 0.0323 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for SPDR SP Health, which you can use to evaluate the volatility of the etf. Please validate SPDR SP's risk adjusted performance of 0.0388, and Coefficient Of Variation of 2275.79 to confirm if the risk estimate we provide is consistent with the expected return of 0.0401%. The entity has a beta of 1.06, which indicates a somewhat significant risk relative to the market. SPDR SP returns are very sensitive to returns on the market. As the market goes up or down, SPDR SP is expected to follow.
Auto-correlation | -0.23 |
Weak reverse predictability
SPDR SP Health has weak reverse predictability. Overlapping area represents the amount of predictability between SPDR SP time series from 21st of November 2025 to 5th of January 2026 and 5th of January 2026 to 19th of February 2026. 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 SP Health price movement. The serial correlation of -0.23 indicates that over 23.0% of current SPDR SP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 6.52 |
SPDR SP 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.
SPDR SP Health Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SPDR SP Health volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About SPDR SP Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SPDR SP Health on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SPDR SP Health based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on SPDR SP Health price pattern first instead of the macroeconomic environment surrounding SPDR SP Health. By analyzing SPDR SP's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SPDR SP's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SPDR SP specific price patterns or momentum indicators. Please read more on our technical analysis page.
SPDR SP February 19, 2026 Technical Indicators
Most technical analysis of SPDR help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SPDR from various momentum indicators to cycle indicators. When you analyze SPDR charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0388 | |||
| Market Risk Adjusted Performance | 0.056 | |||
| Mean Deviation | 0.9876 | |||
| Semi Deviation | 1.0 | |||
| Downside Deviation | 1.05 | |||
| Coefficient Of Variation | 2275.79 | |||
| Standard Deviation | 1.33 | |||
| Variance | 1.78 | |||
| Information Ratio | 0.0089 | |||
| Jensen Alpha | 0.0098 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0114 | |||
| Treynor Ratio | 0.046 | |||
| Maximum Drawdown | 7.88 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.41 | |||
| Downside Variance | 1.1 | |||
| Semi Variance | 1.01 | |||
| Expected Short fall | (1.31) | |||
| Skewness | 0.7649 | |||
| Kurtosis | 1.6 |
SPDR SP Health One Year Return
Based on the recorded statements, SPDR SP Health has an One Year Return of -7.8%. This is 200.52% lower than that of the SPDR State Street Global Advisors family and significantly lower than that of the Health category. The one year return for all United States etfs is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.SPDR SP February 19, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as SPDR stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 271.30 | ||
| Daily Balance Of Power | (0.45) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 86.32 | ||
| Day Typical Price | 86.28 | ||
| Price Action Indicator | (0.44) |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Health. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of SPDR SP Health 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, SPDR SP's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.