SPDR Dow (Australia) Price on September 2, 2024
| DJRE Etf | 22.01 0.18 0.82% |
Below is the normalized historical share price chart for SPDR Dow Jones extending back to November 01, 2013. 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 22.01, as last reported on the 24th of November, with the highest price reaching 22.02 and the lowest price hitting 21.82 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. Currently, SPDR Dow Jones is very steady. SPDR Dow Jones owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0487, which indicates the etf had a 0.0487% return per unit of volatility over the last 3 months. We have found thirty 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 1604.31, and Risk Adjusted Performance of 0.0495 to confirm if the risk estimate we provide is consistent with the expected return of 0.0446%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 20.6264 | 50 Day MA 21.8256 | Inception Date 2013-11-01 | Beta 0.7 |
SPDR |
Sharpe Ratio = 0.0487
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| Negative Returns | DJRE |
Estimated Market Risk
| 0.92 actual daily | 8 92% 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 | 3 97% of assets perform better |
Based on monthly moving average SPDR Dow is performing at about 3% 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 AUDÂ 15224 |
SPDR Dow Valuation on September 2, 2024
It is possible to determine the worth of SPDR Dow on a given historical date. On September 2, 2024 SPDR was worth 21.29 at the beginning of the trading date compared to the closed value of 21.5. 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 | |
| 21.30 | 21.30 | 21.23 | 21.23 | 22,819 | |
09/02/2024 | 21.29 | 21.57 | 21.29 | 21.50 | 22,044 |
| 21.46 | 21.61 | 21.43 | 21.58 | 16,198 |
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SPDR Dow Trading Date Momentum on September 2, 2024
| On September 03 2024 SPDR Dow Jones was traded for 21.58 at the closing time. The highest price during the trading period was 21.61 and the lowest recorded bid was listed for 21.43 . The volume for the day was 16.2 K. This history from September 3, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.37% . The trading price change to the current price is 3.95% . |
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
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 24, 2024
| High |
0.00 | 0.00 |
SPDR Dow Jones cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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 24, 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 | 0.0495 | |||
| Jensen Alpha | 0.003 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1291 |
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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 board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.