SPASX 200 (Australia) Price on October 29, 2024

AXPJ Index   1,856  10.00  0.54%   
Below is the normalized historical share price chart for SPASX 200 REIT 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 200 stands at 1,856, as last reported on the 3rd of December, with the highest price reaching 1,861 and the lowest price hitting 1,846 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in SPASX Index, it is important to understand the factors that can impact its price. SPASX 200 REIT retains Efficiency (Sharpe Ratio) of 0.15, which indicates the index had a 0.15% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for SPASX 200, 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 = 0.1465

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Estimated Market Risk

 0.85
  actual daily
7
93% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average SPASX 200 is performing at about 11% 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 200 by adding it to a well-diversified portfolio.

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SPASX 200 Valuation on October 29, 2024

It is possible to determine the worth of SPASX 200 on a given historical date. On October 29, 2024 SPASX was worth 1792.3 at the beginning of the trading date compared to the closed value of 1795.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPASX 200 index. Still, in general, we apply an absolute valuation method to find SPASX 200'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 200 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPASX 200's related companies.
 Open High Low Close Volume
  1,803    1,803    1,784    1,792    48,844,200  
10/29/2024
  1,792    1,820    1,792    1,795    74,528,700  
  1,795    1,810    1,785    1,804    60,838,500  
Backtest SPASX 200  |  SPASX 200 History  PreviousNext  
Open Value
1792.3
1795.4
Closing Value
1,795
Upside

SPASX 200 Trading Date Momentum on October 29, 2024

On October 30 2024 SPASX 200 REIT was traded for  1,804  at the closing time. The highest price during the trading period was 1,810  and the lowest recorded bid was listed for  1,785 . The volume for the day was 60.8 M. This history from October 30, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.50% . The trading price change to the current price is 2.94% .

Price Boundaries

SPASX 200 Period Price Range

Low
December 3, 2024
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High

 0.00 

     

 0.00 

SPASX 200 REIT cannot be verified against its exchange. Please verify the symbol is currently traded on INDX. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

SPASX 200 December 3, 2024 Market Strength

Market strength indicators help investors to evaluate how SPASX 200 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 200 shares will generate the highest return on investment. By undertsting and applying SPASX 200 index market strength indicators, traders can identify SPASX 200 REIT entry and exit signals to maximize returns

SPASX 200 Technical Drivers

SPASX 200 December 3, 2024 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SPASX 200'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 Performance0.0825
Mean Deviation0.6723
Semi Deviation0.7167
Downside Deviation0.8157
Coefficient Of Variation940.19
Standard Deviation0.8669
Variance0.7515
Information Ratio(0.04)
Total Risk Alpha(0.05)
Sortino Ratio(0.04)
Maximum Drawdown4.22
Value At Risk(1.54)
Potential Upside1.64
Downside Variance0.6653
Semi Variance0.5137
Expected Short fall(0.78)
Skewness(0.17)
Kurtosis0.3354
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