Spdr Series Trust Etf Price on October 4, 2024
| CERY Etf | 26.21 0.12 0.46% |
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. As of today, the current price of SPDR Series stands at 26.21, as last reported on the 11th of December 2024, with the highest price reaching 26.21 and the lowest price hitting 26.09 during the day. At this stage we consider SPDR Etf to be very steady. SPDR Series Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.081, which indicates the etf had a 0.081% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SPDR Series Trust, which you can use to evaluate the volatility of the etf. Please validate SPDR Series' coefficient of variation of 959.79, and Risk Adjusted Performance of 0.0757 to confirm if the risk estimate we provide is consistent with the expected return of 0.0597%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SPDR |
Sharpe Ratio = 0.081
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average SPDR Series is performing at about 6% 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 SPDR Series by adding it to a well-diversified portfolio.
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SPDR Series Valuation on October 4, 2024
It is possible to determine the worth of SPDR Series on a given historical date. On October 4, 2024 SPDR was worth 26.81 at the beginning of the trading date compared to the closed value of 26.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Series etf. Still, in general, we apply an absolute valuation method to find SPDR Series' 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 SPDR Series where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Series' related companies.
| Open | High | Low | Close | Volume | |
| 26.79 | 26.79 | 26.79 | 26.79 | 100.00 | |
10/04/2024 | 26.81 | 26.81 | 26.81 | 26.81 | 100.00 |
| 26.97 | 26.97 | 26.97 | 26.97 | 33.00 |
| Backtest SPDR Series | | | SPDR Series History | Previous | Next |
SPDR Series Trading Date Momentum on October 4, 2024
| On October 07 2024 SPDR Series Trust was traded for 26.97 at the closing time. The top price for the day was 26.97 and the lowest listed price was 26.97 . The trading volume for the day was 33.0. The trading history from October 7, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.60% . The trading price change against the current closing price is 1.72% . |
About SPDR Series Etf history
SPDR Series investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SPDR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SPDR Series Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SPDR Series stock prices may prove useful in developing a viable investing in SPDR Series
SPDR Series Etf Technical Analysis
SPDR Series technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
SPDR Series Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
SPDR Series Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. 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.
SPDR Series December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Series etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPDR Series shares will generate the highest return on investment. By undertsting and applying SPDR Series etf market strength indicators, traders can identify SPDR Series Trust entry and exit signals to maximize returns
SPDR Series Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Series' price direction in advance. Along with the technical and fundamental analysis of SPDR Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPDR 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 | |||
| Jensen Alpha | 0.0914 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.35) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SPDR Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of SPDR Series Trust is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Series' value that differs from its market value or its book value, called intrinsic value, which is SPDR Series' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Series' market value can be influenced by many factors that don't directly affect SPDR Series' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Series' 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.