SPDR SPASX (Australia) Price on February 19, 2024

E200 Etf   26.99  0.15  0.55%   
Below is the normalized historical share price chart for SPDR SPASX 200 extending back to July 31, 2020. 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 SPASX stands at 26.99, as last reported on the 30th of November, with the highest price reaching 27.00 and the lowest price hitting 26.92 during the day.
200 Day MA
25.2722
50 Day MA
26.2788
Beta
0.93
 
Covid
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. Currently, SPDR SPASX 200 is very steady. SPDR SPASX 200 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the etf had a 0.11% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SPDR SPASX 200, which you can use to evaluate the volatility of the etf. Please validate SPDR SPASX's coefficient of variation of 839.45, and Risk Adjusted Performance of 0.0892 to confirm if the risk estimate we provide is consistent with the expected return of 0.0692%.
  
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1076

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashE200Average RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.64
  actual daily
5
95% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average SPDR SPASX is performing at about 8% 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 SPASX by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

SPDR SPASX Valuation on February 19, 2024

It is possible to determine the worth of SPDR SPASX on a given historical date. On February 19, 2024 SPDR was worth 23.73 at the beginning of the trading date compared to the closed value of 23.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR SPASX etf. Still, in general, we apply an absolute valuation method to find SPDR SPASX'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 SPASX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR SPASX's related companies.
 Open High Low Close Volume
  23.47    23.73    23.46    23.73    7,027  
02/19/2024
  23.73    23.74    23.68    23.68    230.00  
  23.64    23.69    23.61    23.61    48.00  
Backtest SPDR SPASX  |  SPDR SPASX History  PreviousNext  
Open Value
23.73
23.68
Closing Value
25.66
Upside

SPDR SPASX Trading Date Momentum on February 19, 2024

On February 20 2024 SPDR SPASX 200 was traded for  23.61  at the closing time. The highest price during the trading period was 23.69  and the lowest recorded bid was listed for  23.61 . The volume for the day was 48.0. This history from February 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.30% . The trading price change to the current price is 0.08% .

About SPDR SPASX Etf history

SPDR SPASX 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 SPASX 200 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 SPASX stock prices may prove useful in developing a viable investing in SPDR SPASX

SPDR SPASX Etf Technical Analysis

SPDR SPASX 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.
A focus of SPDR SPASX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SPDR SPASX trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

SPDR SPASX Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SPDR SPASX 200 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 SPASX November 30, 2024 Market Strength

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

SPDR SPASX Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SPDR SPASX'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.

Other Information on Investing in SPDR Etf

SPDR SPASX financial ratios help investors to determine whether SPDR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR SPASX security.