US Industry Investment Models
The plan is to build 10 industry group investment models to estimate the price of the 10 US industry group SPDR exchange traded funds (ETF) which track the Standard & Poor's US industry group indices. These investment models take economic, stock market, and industry specific data to estimate the price of the SPDR ETFs. Model results once completed will be posted weekly onto InvestModels.com. When the website becomes more popular model results may be updated more frequently.
Industry groups and their development status.
Industry groups and their development status.
- Consumer Discretionary: Under Development
- Consumer Staples: Model Completed; Model Results Posted Weekly
- Energy: Model Completed; Model Results Posted Weekly
- Financial: Queued for Development
- Health Care: Queued for Development
- Industrial: Queued for Development
- Materials: Queued for Development
- Technology: Queued for Development
- Telecom: Queued for Development
- Utilities: Queued for Development
More about the US Industry Investment Models
The investment models on this site aim to provide price estimates for industry/sector exchange traded funds (ETFs). At the moment, the models estimate State Street's SPDR Industry/Sector ETF prices, but they can be used with other branded industry ETFs and even mutual funds managed by Vanguard and BlackRock. Statistical techniques combined with industry level data are used to create the investment model and provide updated price estimates. For instance the energy industry investment model on my website uses data on oil prices, oil production, and stock market performance to estimate a price for the Energy Select Sector SPDR ETF (XLE)
Strengths and Weaknesses
Strengths
- Based on historical data
- Uses statistical techniques
- Objective
- Historical data/trends may be limited in its ability to explain future events
- Confined by data set used