SPDR FactSet Innovative Etf Technical Analysis
| XITK Etf | USD 152.11 1.19 0.79% |
As of the 17th of March 2026, SPDR FactSet is marked at 152.11 per share. Recent trend indicators show variance of 3.28, and Risk Adjusted Performance of -0.11. Trend analytics rely on normalized volatility and volume metrics. Trend metrics are reviewed within historical sector ranges.
SPDR FactSet 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 FactSet'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.Investors evaluate SPDR FactSet Innovative using market value and book value, each describing different facets of the business. A P/B ratio of 2.76 indicates the market values SPDR FactSet above its accounting book value. Value and price for SPDR FactSet are related but not identical, and they can diverge across cycles. Trading price represents the transaction level agreed by market participants.
The concept of value for SPDR FactSet differs from its quoted price, since each reflects a different lens. For SPDR FactSet, key inputs include a P/E ratio of 35.85, and a P/B ratio of 2.76. The quoted SPDR FactSet price is the exchange level where supply meets demand.
What if' Analysis
Historical what-if analysis for SPDR FactSet Innovative is useful because it converts abstract timing questions into a structured review of past performance under changing entry and holding periods. The stronger interpretation comes from comparing realized return, risk, and path dependency instead of focusing only on the best historical outcome.
| 12/17/2025 |
| 03/17/2026 |
Starting with 0.00 in SPDR FactSet on December 17, 2025 and exiting today would produce 0.00 in cumulative gains. In total, that is a 0.0% return on investment in SPDR FactSet on balance across 90 days. SPDR FactSet competes with or is related to Pacer Swan, Xtrackers Artificial, ALPS Disruptive, FlexShares ESG, First Trust, SPDR SAMPP, and SPDR MSCI. This provides context for relative positioning. -listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most ... More
SPDR FactSet Upside and Downside Indicators Summary
This section highlights upside and downside signals that contextualize SPDR FactSet price behavior. They provide a structured view of short-term momentum and range behavior.
| Information Ratio | -0.13 | |||
| Maximum Drawdown | 9.31 | |||
| Value At Risk | -3.43 | |||
| Potential Upside | 2.76 |
Volatility and Risk Indicators for SPDR FactSet Dashboard
Risk measures here provide context on SPDR FactSet's return distribution and drawdown behavior. The indicators highlight how volatility has behaved across recent periods.| Risk Adjusted Performance | -0.11 | |||
| Jensen Alpha | -0.23 | |||
| Total Risk Alpha | -0.20 | |||
| Treynor Ratio | -0.20 |
The degree to which SPDR FactSet's exhibits mean reversion depends on how efficiently the market prices new information. In highly covered equities, the mean reversion window tends to be shorter.
Technical Indicators
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| Overlap Studies | ||
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | -0.11 | |||
| Market Risk Adjusted Performance | -0.19 | |||
| Mean Deviation | 1.37 | |||
| Coefficient Of Variation | -723.40 | |||
| Standard Deviation | 1.81 | |||
| Variance | 3.28 | |||
| Information Ratio | -0.13 | |||
| Jensen Alpha | -0.23 | |||
| Total Risk Alpha | -0.20 | |||
| Treynor Ratio | -0.20 | |||
| Maximum Drawdown | 9.31 | |||
| Value At Risk | -3.43 | |||
| Potential Upside | 2.76 | |||
| Skewness | -0.17 | |||
| Kurtosis | 0.6426 |
SPDR FactSet Innovative Backtested Returns
SPDR FactSet registers a very low volatility profile across the specified investment window. It records a risk-adjusted return measure of -0.12, measuring return instability during 3 months. We identified twenty-three technical indicators influencing the company's volatility profile. Please evaluate metrics such as variance of 3.28, and risk-adjusted performance of -0.11 to validate implied downside exposure. The etf owns a Beta (Systematic Risk) of 1.3, which means a somewhat significant risk relative to the market. As the market goes up, the ETF is expected to outperform it. However, if the market returns are negative, SPDR FactSet will likely underperform.
Auto-correlation | -0.34 |
Poor reverse predictability
SPDR FactSet Innovative exhibits poor reverse predictability. Autocorrelation measures the degree of predictability between SPDR FactSet time series from 17th of December 2025 to 31st of January 2026 and from 31st of January 2026 to 17th of March 2026. Persistent correlation between intervals suggests underlying momentum patterns in SPDR FactSet that may carry forward. The measured coefficient of -0.34 means nearly 34.0% of SPDR FactSet's recent price variance traces back to prior period behavior. Given that SPDR FactSet Innovative has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 18.4 |
This technical analysis view for SPDR FactSet focuses on price, volume, and trend behavior. The model references moving averages, relative strength, and price correlation signals.
Technical Analysis
This analysis covers thirty-seven data points across the selected time horizon. 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 FactSet Innovative volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of SPDR FactSet evaluates traded price structure, volume, and spread stability relative to NAV behavior. Breakout confirmation often requires sustained volume and liquidity depth.
Unless otherwise specified, data for SPDR FactSet Innovative is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.
This content is curated and reviewed by:
Raphi Shpitalnik - Junior Member of Macroaxis Editorial BoardSPDR FactSet Technical Indicators
Technical analysis of SPDR FactSet Innovative is useful because it helps investors judge whether the current trend still looks durable or is beginning to weaken. The practical goal is to improve execution quality rather than to suggest that charts alone can predict every move.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.11 | |||
| Market Risk Adjusted Performance | -0.19 | |||
| Mean Deviation | 1.37 | |||
| Coefficient Of Variation | -723.40 | |||
| Standard Deviation | 1.81 | |||
| Variance | 3.28 | |||
| Information Ratio | -0.13 | |||
| Jensen Alpha | -0.23 | |||
| Total Risk Alpha | -0.20 | |||
| Treynor Ratio | -0.20 | |||
| Maximum Drawdown | 9.31 | |||
| Value At Risk | -3.43 | |||
| Potential Upside | 2.76 | |||
| Skewness | -0.17 | |||
| Kurtosis | 0.6426 |
SPDR FactSet Innovative One Year Return
Based on the recorded statements, SPDR FactSet Innovative has an One Year Return of -5.6%. The SPDR State Street Global Advisors family average is 172.16% above this level, and the Technology category average is 128.8% above. SPDR FactSet is also notably lower than the broader all United States etfs average.
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.March 17, 2026 Daily Trend Indicators
Technical analysis of SPDR FactSet Innovative is useful because it helps investors judge whether the current trend still looks durable or is beginning to weaken. The practical goal is to improve execution quality rather than to suggest that charts alone can predict every move.
| Accumulation Distribution | 6.90 | ||
| Daily Balance Of Power | 0.86 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 152.80 | ||
| Day Typical Price | 152.57 | ||
| Price Action Indicator | -0.09 | ||
| Market Facilitation Index | 0.0018 |
More Resources for SPDR Etf Analysis
Reviewing SPDR FactSet Innovative commonly begins with financial statements and performance trends. Ratio analysis helps investors evaluate SPDR FactSet Innovative Etf operating efficiency and financial trajectory. Highlighted below are reports that provide context for SPDR FactSet Innovative Etf:Your Current Watchlist provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. This suggests a position in SPDR FactSet Innovative inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. SPDR FactSet currently shows P/E of 35.85. Investors get more value from SPDR FactSet analysis when it is combined with the construction and diversification tools listed below. SPDR FactSet analysis across multiple dimensions - risk, valuation, diversification - produces a more informed position-sizing decision. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Investors evaluate SPDR FactSet Innovative using market value and book value, each describing different facets of the business. A P/B ratio of 2.76 indicates the market values SPDR FactSet above its accounting book value. Value and price for SPDR FactSet are related but not identical, and they can diverge across cycles. Trading price represents the transaction level agreed by market participants.
The concept of value for SPDR FactSet differs from its quoted price, since each reflects a different lens. For SPDR FactSet, key inputs include a P/E ratio of 35.85, and a P/B ratio of 2.76. The quoted SPDR FactSet price is the exchange level where supply meets demand.