SSgA SPDR (France) Price on August 16, 2024
EUDV Etf | EUR 24.15 0.02 0.08% |
If you're considering investing in SSgA Etf, it is important to understand the factors that can impact its price. As of today, the current price of SSgA SPDR stands at 24.15, as last reported on the 30th of November, with the highest price reaching 24.15 and the lowest price hitting 23.99 during the day. SSgA SPDR ETFs owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.058, which indicates the etf had a -0.058% return per unit of risk over the last 3 months. SSgA SPDR ETFs exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SSgA SPDR's Risk Adjusted Performance of (0.04), variance of 0.4912, and Coefficient Of Variation of (1,982) to confirm the risk estimate we provide.
SSgA Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SSgA |
Sharpe Ratio = -0.058
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Estimated Market Risk
0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SSgA SPDR is not performing at its full potential. However, 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 SSgA SPDR by adding SSgA SPDR to a well-diversified portfolio.
SSgA SPDR Valuation on August 16, 2024
It is possible to determine the worth of SSgA SPDR on a given historical date. On August 16, 2024 SSgA was worth 23.83 at the beginning of the trading date compared to the closed value of 23.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SSgA SPDR etf. Still, in general, we apply an absolute valuation method to find SSgA SPDR'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 SSgA SPDR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SSgA SPDR's related companies.
Open | High | Low | Close | Volume | |
23.68 | 23.86 | 23.67 | 23.84 | 8,391 | |
08/16/2024 | 23.83 | 23.94 | 23.82 | 23.92 | 12,872 |
23.99 | 24.14 | 23.94 | 24.11 | 1,937 |
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SSgA SPDR Trading Date Momentum on August 16, 2024
On August 19 2024 SSgA SPDR ETFs was traded for 24.11 at the closing time. The highest price during the trading period was 24.14 and the lowest recorded bid was listed for 23.94 . The volume for the day was 1.9 K. This history from August 19, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.79% . The trading price change to the current price is 1.84% . |
SSgA SPDR ETFs Fundamentals Correlations and Trends
By evaluating SSgA SPDR'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 SSgA SPDR's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SSgA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SSgA SPDR Etf history
SSgA SPDR 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 SSgA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SSgA SPDR ETFs 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 SSgA SPDR stock prices may prove useful in developing a viable investing in SSgA SPDR
The objective of the SPDR SP Euro Dividend Aristocrats UCITS ETF is to track the performance of certain high dividend-yielding equity securities issued by companies from within the Eurozone. SPDR EUR is traded on Paris Stock Exchange in France.
SSgA SPDR Etf Technical Analysis
SSgA SPDR 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
SSgA SPDR Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
SSgA SPDR ETFs cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
SSgA SPDR November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how SSgA SPDR etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SSgA SPDR shares will generate the highest return on investment. By undertsting and applying SSgA SPDR etf market strength indicators, traders can identify SSgA SPDR ETFs entry and exit signals to maximize returns
SSgA SPDR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SSgA SPDR's price direction in advance. Along with the technical and fundamental analysis of SSgA Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SSgA 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 | (0.04) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | 1.94 |
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Other Information on Investing in SSgA Etf
SSgA SPDR financial ratios help investors to determine whether SSgA 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 SSgA with respect to the benefits of owning SSgA SPDR security.