Spdr Bloomberg Convertible Etf Price on November 9, 2023
| CWB Etf | USD 81.23 0.63 0.78% |
Below is the normalized historical share price chart for SPDR Bloomberg Convertible extending back to April 16, 2009. 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 SPDR Bloomberg stands at 81.23, as last reported on the 11th of December 2024, with the highest price reaching 81.32 and the lowest price hitting 80.82 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. At this point, SPDR Bloomberg is very steady. SPDR Bloomberg Conve owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.31, which indicates the etf had a 0.31% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SPDR Bloomberg Convertible, which you can use to evaluate the volatility of the etf. Please validate SPDR Bloomberg's coefficient of variation of 320.77, and Risk Adjusted Performance of 0.2207 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 12.87 | 200 Day MA 73.933 | 1 y Volatility 9.39 | 50 Day MA 78.4934 | Inception Date 2009-04-14 |
SPDR |
Sharpe Ratio = 0.3064
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Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average SPDR Bloomberg is performing at about 24% 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 Bloomberg by adding it to a well-diversified portfolio.
SPDR Bloomberg Valuation on November 9, 2023
It is possible to determine the worth of SPDR Bloomberg on a given historical date. On November 9, 2023 SPDR was worth 64.86 at the beginning of the trading date compared to the closed value of 64.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Bloomberg etf. Still, in general, we apply an absolute valuation method to find SPDR Bloomberg'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 SPDR Bloomberg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Bloomberg's related companies.
| Open | High | Low | Close | Volume | |
| 64.89 | 65.02 | 64.69 | 64.82 | 409,605 | |
11/09/2023 | 64.86 | 64.92 | 64.26 | 64.30 | 740,188 |
| 64.35 | 64.59 | 64.32 | 64.54 | 475,730 |
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SPDR Bloomberg Trading Date Momentum on November 9, 2023
| On November 10 2023 SPDR Bloomberg Convertible was traded for 64.54 at the closing time. Highest SPDR Bloomberg's price during the trading hours was 64.59 and the lowest price during the day was 64.32 . The net volume was 475.7 K. The overall trading history on the 10th of November contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.37% . The trading price change to current price is 2.75% . |
SPDR Bloomberg Conve Fundamentals Correlations and Trends
By evaluating SPDR Bloomberg's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SPDR Bloomberg's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SPDR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SPDR Bloomberg Etf history
SPDR Bloomberg 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 Bloomberg Conve 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 Bloomberg stock prices may prove useful in developing a viable investing in SPDR Bloomberg
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. Convertible Secs is traded on NYSEARCA Exchange in the United States.
SPDR Bloomberg Etf Technical Analysis
SPDR Bloomberg 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 Bloomberg Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
SPDR Bloomberg Convertible 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 Bloomberg December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Bloomberg 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 Bloomberg shares will generate the highest return on investment. By undertsting and applying SPDR Bloomberg etf market strength indicators, traders can identify SPDR Bloomberg Convertible entry and exit signals to maximize returns
SPDR Bloomberg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Bloomberg's 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 | 0.2207 | |||
| Jensen Alpha | 0.0948 | |||
| Total Risk Alpha | 0.0663 | |||
| Sortino Ratio | 0.0643 | |||
| Treynor Ratio | 0.3302 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SPDR Bloomberg Convertible. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of SPDR Bloomberg Conve 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is SPDR Bloomberg's 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 Bloomberg's market value can be influenced by many factors that don't directly affect SPDR Bloomberg's 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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Bloomberg's 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.