SPDR Morningstar (UK) Market Value

GIN Etf   27.16  0.07  0.26%   
SPDR Morningstar's market value is the price at which a share of SPDR Morningstar trades on a public exchange. It measures the collective expectations of SPDR Morningstar Multi Asset investors about its performance. SPDR Morningstar is trading at 27.16 as of the 1st of March 2025, a 0.26 percent up since the beginning of the trading day. The etf's lowest day price was 26.86.
With this module, you can estimate the performance of a buy and hold strategy of SPDR Morningstar Multi Asset and determine expected loss or profit from investing in SPDR Morningstar over a given investment horizon. Check out SPDR Morningstar Correlation, SPDR Morningstar Volatility and SPDR Morningstar Alpha and Beta module to complement your research on SPDR Morningstar.
Symbol

Please note, there is a significant difference between SPDR Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Morningstar'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.

SPDR Morningstar '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 Morningstar'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 Morningstar.
0.00
03/12/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/01/2025
0.00
If you would invest  0.00  in SPDR Morningstar on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding SPDR Morningstar Multi Asset or generate 0.0% return on investment in SPDR Morningstar over 720 days. SPDR Morningstar is related to or competes with SPDR Dow, SPDR SP, SPDR Barclays, SPDR SP, SPDR SP, SPDR SP, and SPDR Morningstar. SPDR Morningstar is entity of United Kingdom More

SPDR Morningstar 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 Morningstar'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 Morningstar Multi Asset upside and downside potential and time the market with a certain degree of confidence.

SPDR Morningstar Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SPDR Morningstar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPDR Morningstar's standard deviation. In reality, there are many statistical measures that can use SPDR Morningstar historical prices to predict the future SPDR Morningstar's volatility.
Hype
Prediction
LowEstimatedHigh
26.4827.1627.84
Details
Intrinsic
Valuation
LowRealHigh
26.3827.0627.74
Details
Naive
Forecast
LowNextHigh
26.7027.3828.06
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.7827.0127.24
Details

SPDR Morningstar Multi Backtested Returns

SPDR Morningstar Multi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0228, which indicates the etf had a -0.0228 % return per unit of volatility over the last 3 months. SPDR Morningstar Multi Asset exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPDR Morningstar's risk adjusted performance of (0.02), and Variance of 0.4423 to confirm the risk estimate we provide. The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SPDR Morningstar's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPDR Morningstar is expected to be smaller as well.

Auto-correlation

    
  0.08  

Virtually no predictability

SPDR Morningstar Multi Asset has virtually no predictability. Overlapping area represents the amount of predictability between SPDR Morningstar time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st of March 2025. 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 Morningstar Multi price movement. The serial correlation of 0.08 indicates that barely 8.0% of current SPDR Morningstar price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.24

SPDR Morningstar Multi lagged returns against current returns

Autocorrelation, which is SPDR Morningstar etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SPDR Morningstar's etf expected returns. We can calculate the autocorrelation of SPDR Morningstar returns to help us make a trade decision. For example, suppose you find that SPDR Morningstar has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

SPDR Morningstar regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SPDR Morningstar etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SPDR Morningstar etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SPDR Morningstar etf over time.
   Current vs Lagged Prices   
       Timeline  

SPDR Morningstar Lagged Returns

When evaluating SPDR Morningstar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SPDR Morningstar etf have on its future price. SPDR Morningstar autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SPDR Morningstar autocorrelation shows the relationship between SPDR Morningstar etf current value and its past values and can show if there is a momentum factor associated with investing in SPDR Morningstar Multi Asset.
   Regressed Prices   
       Timeline  

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Other Information on Investing in SPDR Etf

SPDR Morningstar financial ratios help investors to determine whether SPDR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR Morningstar security.