SPDR Index (Mexico) Price on June 24, 2024
| FEZ Etf | MXN 981.88 0.42 0.04% |
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. As of today, the current price of SPDR Index stands at 981.88, as last reported on the 28th of November, with the highest price reaching 981.88 and the lowest price hitting 981.88 during the day. SPDR Index Shares owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0488, which indicates the etf had a -0.0488% return per unit of volatility over the last 3 months. SPDR Index Shares exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPDR Index's risk adjusted performance of (0), and Variance of 3.03 to confirm the risk estimate we provide.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SPDR |
Sharpe Ratio = -0.0488
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| Negative Returns | FEZ |
Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR Index 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 SPDR Index by adding SPDR Index to a well-diversified portfolio.
SPDR Index Valuation on June 24, 2024
It is possible to determine the worth of SPDR Index on a given historical date. On June 24, 2024 SPDR was worth 947.9 at the beginning of the trading date compared to the closed value of 947.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Index etf. Still, in general, we apply an absolute valuation method to find SPDR Index'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 Index where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Index's related companies.
| Open | High | Low | Close | Volume | |
| 927.02 | 927.02 | 927.02 | 927.02 | 5.00 | |
06/24/2024 | 947.90 | 947.90 | 947.90 | 947.90 | 1.00 |
| 947.90 | 947.90 | 947.90 | 947.90 | 1.00 |
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SPDR Index Trading Date Momentum on June 24, 2024
| On June 25 2024 SPDR Index Shares was traded for 947.90 at the closing time. The maximum traded price for the trading interval was 947.90 and the lowest daily price was 947.90 . There was no trading activity during the period 1.0. Lack of trading volume on 25th of June 2024 did not result in any price rise and fall. The trading price change to the closing price today is 3.05% . |
SPDR Index Shares Fundamentals Correlations and Trends
By evaluating SPDR Index'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 Index'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 Index Etf history
SPDR Index 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 Index Shares 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 Index stock prices may prove useful in developing a viable investing in SPDR Index
The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the EURO STOXX 50 Index. SPDR INDEX is traded on Mexico Stock Exchange in Mexico.
SPDR Index Etf Technical Analysis
SPDR Index 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 Index Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
SPDR Index Shares cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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 Index November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Index 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 Index shares will generate the highest return on investment. By undertsting and applying SPDR Index etf market strength indicators, traders can identify SPDR Index Shares entry and exit signals to maximize returns
SPDR Index Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Index'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) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (2.56) |
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| Math Transform | ||
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Other Information on Investing in SPDR Etf
SPDR Index 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 Index security.