Spdr Global Dow Etf Probability of Future Etf Price Finishing Over 138.13

DGT Etf  USD 138.22  0.02  0.01%   
SPDR Global's implied volatility is one of the determining factors in the pricing options written on SPDR Global Dow. Implied volatility approximates the future value of SPDR Global based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in SPDR Global Dow over a specific time period. For example, DGT Option Call 20-12-2024 139 is a CALL option contract on SPDR Global's common stock with a strick price of 139.0 expiring on 2024-12-20. The contract was last traded on 2024-11-22 at 10:19:48 for $0.05 and, as of today, has 16 days remaining before the expiration. The option is currently trading at an ask price of $1.5. The implied volatility as of the 4th of December is 16.0. View All SPDR options

Closest to current price SPDR long CALL Option Payoff at Expiration

SPDR Global's future price is the expected price of SPDR Global instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of SPDR Global Dow performance during a given time horizon utilizing its historical volatility. Check out SPDR Global Backtesting, Portfolio Optimization, SPDR Global Correlation, SPDR Global Hype Analysis, SPDR Global Volatility, SPDR Global History as well as SPDR Global Performance.
  
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SPDR Global Target Price Odds to finish over 138.13

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 PriceHorizonTarget PriceOdds to stay above $ 138.13  in 90 days
 138.22 90 days 138.13 
about 12.78
Based on a normal probability distribution, the odds of SPDR Global to stay above $ 138.13  in 90 days from now is about 12.78 (This SPDR Global Dow probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) . Probability of SPDR Global Dow price to stay between $ 138.13  and its current price of $138.22 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon SPDR Global has a beta of 0.65 suggesting as returns on the market go up, SPDR Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Global Dow will be expected to be much smaller as well. Additionally SPDR Global Dow 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 Global Price Density   
       Price  

Predictive Modules for SPDR Global

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 Global Dow. 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.
Hype
Prediction
LowEstimatedHigh
137.56138.20138.84
Details
Intrinsic
Valuation
LowRealHigh
136.79137.43152.06
Details
Naive
Forecast
LowNextHigh
138.22138.86139.50
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
135.93137.11138.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SPDR Global. Your research has to be compared to or analyzed against SPDR Global's peers to derive any actionable benefits. When done correctly, SPDR Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SPDR Global Dow.

SPDR Global Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. SPDR Global is not an exception. The market had few large corrections towards the SPDR Global'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 Global Dow, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SPDR Global within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.04
β
Beta against Dow Jones0.65
σ
Overall volatility
1.90
Ir
Information ratio -0.12

SPDR Global 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 Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SPDR Global Dow can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund retains 99.41% of its assets under management (AUM) in equities

SPDR Global Technical Analysis

SPDR Global'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 Global Dow. In general, you should focus on analyzing SPDR Etf price patterns and their correlations with different microeconomic environments and drivers.

SPDR Global Predictive Forecast Models

SPDR Global's time-series forecasting models is one of many SPDR Global'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 Global'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 Global Dow

Checking the ongoing alerts about SPDR Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SPDR Global Dow help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains 99.41% of its assets under management (AUM) in equities
When determining whether SPDR Global Dow is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SPDR Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spdr Global Dow Etf. Highlighted below are key reports to facilitate an investment decision about Spdr Global Dow Etf:
Check out SPDR Global Backtesting, Portfolio Optimization, SPDR Global Correlation, SPDR Global Hype Analysis, SPDR Global Volatility, SPDR Global History as well as SPDR Global Performance.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of SPDR Global Dow 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 Global's value that differs from its market value or its book value, called intrinsic value, which is SPDR Global'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 Global's market value can be influenced by many factors that don't directly affect SPDR Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Global'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.