SPASX 20 (Australia) Price on October 2, 2024
| ATLI Index | 4,687 55.00 1.16% |
Below is the normalized historical share price chart for SPASX 20 extending back to April 19, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SPASX 20 stands at 4,687, as last reported on the 26th of November, with the highest price reaching 4,747 and the lowest price hitting 4,682 during the day.
If you're considering investing in SPASX Index, it is important to understand the factors that can impact its price. SPASX 20 retains Efficiency (Sharpe Ratio) of 0.0545, which indicates the index had a 0.0545% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for SPASX 20, which you can use to evaluate the volatility of the index. SPASX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0545
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ATLI |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average SPASX 20 is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SPASX 20 by adding it to a well-diversified portfolio.
SPASX 20 Valuation on October 2, 2024
It is possible to determine the worth of SPASX 20 on a given historical date. On October 2, 2024 SPASX was worth 4610.4 at the beginning of the trading date compared to the closed value of 4611.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPASX 20 index. Still, in general, we apply an absolute valuation method to find SPASX 20's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SPASX 20 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPASX 20's related companies.
| Open | High | Low | Close | Volume | |
| 4,662 | 4,662 | 4,597 | 4,610 | 89,700 | |
10/02/2024 | 4,610 | 4,620 | 4,598 | 4,612 | 94,400 |
| 4,612 | 4,633 | 4,610 | 4,619 | 70,100 |
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SPASX 20 Trading Date Momentum on October 2, 2024
| On October 03 2024 SPASX 20 was traded for 4,619 at the closing time. The highest price during the trading period was 4,633 and the lowest recorded bid was listed for 4,610 . The volume for the day was 70.1 K. This history from October 3, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.17% . The trading price change to the current price is 0.15% . |
Price Boundaries
SPASX 20 Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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SPASX 20 November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how SPASX 20 index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPASX 20 shares will generate the highest return on investment. By undertsting and applying SPASX 20 index market strength indicators, traders can identify SPASX 20 entry and exit signals to maximize returns
SPASX 20 Technical Drivers
SPASX 20 November 26, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPASX 20's price direction in advance. Along with the technical and fundamental analysis of SPASX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPASX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0757 | |||
| Mean Deviation | 0.5029 | |||
| Semi Deviation | 0.6397 | |||
| Downside Deviation | 0.7416 | |||
| Coefficient Of Variation | 988.76 | |||
| Standard Deviation | 0.645 | |||
| Variance | 0.416 | |||
| Information Ratio | (0.10) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.09) | |||
| Maximum Drawdown | 2.88 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 0.9329 | |||
| Downside Variance | 0.5499 | |||
| Semi Variance | 0.4092 | |||
| Expected Short fall | (0.51) | |||
| Skewness | (0.85) | |||
| Kurtosis | 0.9654 |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |