Spdr Dow Jones Etf Price on October 3, 2024
| DIA Etf | USD 450.09 2.35 0.52% |
Below is the normalized historical share price chart for SPDR Dow Jones extending back to January 20, 1998. 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 Dow stands at 450.09, as last reported on the 29th of November, with the highest price reaching 451.27 and the lowest price hitting 448.24 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 Dow is very steady. SPDR Dow Jones owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the etf had a 0.21% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SPDR Dow Jones, which you can use to evaluate the volatility of the etf. Please validate SPDR Dow's coefficient of variation of 575.07, and Risk Adjusted Performance of 0.1331 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.41 | 200 Day MA 403.2872 | 1 y Volatility 11.71 | 50 Day MA 428.8844 | Inception Date 1998-01-13 |
SPDR |
Sharpe Ratio = 0.2085
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average SPDR Dow is performing at about 16% 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 Dow by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 321.3 K |
SPDR Dow Valuation on October 3, 2024
It is possible to determine the worth of SPDR Dow on a given historical date. On October 3, 2024 SPDR was worth 419.94 at the beginning of the trading date compared to the closed value of 419.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Dow etf. Still, in general, we apply an absolute valuation method to find SPDR Dow'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 Dow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Dow's related companies.
| Open | High | Low | Close | Volume | |
| 421.43 | 422.10 | 419.18 | 421.51 | 2,599,556 | |
10/03/2024 | 419.94 | 420.72 | 417.88 | 419.58 | 2,534,363 |
| 421.97 | 423.21 | 419.26 | 423.01 | 2,522,161 |
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SPDR Dow Trading Date Momentum on October 3, 2024
| On October 04 2024 SPDR Dow Jones was traded for 423.01 at the closing time. Highest SPDR Dow's price during the trading hours was 423.21 and the lowest price during the day was 419.26 . The net volume was 2.5 M. The overall trading history on the 4th of October contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.82% . The trading price change to current price is 1.99% . |
SPDR Dow Jones Fundamentals Correlations and Trends
By evaluating SPDR Dow'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 Dow'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 Dow Etf history
SPDR Dow 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 Dow Jones 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 Dow stock prices may prove useful in developing a viable investing in SPDR Dow
The Trusts Portfolio consists of substantially all of the component common stocks that comprise the DJIA, which are weighted in accordance with the terms of the Trust Agreement. Dow Industrials is traded on NYSEARCA Exchange in the United States.
SPDR Dow Etf Technical Analysis
SPDR Dow 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 Dow Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
SPDR Dow Jones 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 Dow November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Dow 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 Dow shares will generate the highest return on investment. By undertsting and applying SPDR Dow etf market strength indicators, traders can identify SPDR Dow Jones entry and exit signals to maximize returns
SPDR Dow Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Dow'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 | 0.1331 | |||
| Jensen Alpha | 0.0077 | |||
| Total Risk Alpha | 0.0076 | |||
| Sortino Ratio | 0.0099 | |||
| Treynor Ratio | 0.1232 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR Dow Jones. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of SPDR Dow Jones 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 Dow's value that differs from its market value or its book value, called intrinsic value, which is SPDR Dow'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 Dow's market value can be influenced by many factors that don't directly affect SPDR Dow'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 Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Dow'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.