Spdr Sp Global Etf Price on November 11, 2024
GII Etf | USD 62.77 0.04 0.06% |
Below is the normalized historical share price chart for SPDR SP Global extending back to January 31, 2007. 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 SP stands at 62.77, as last reported on the 25th of November, with the highest price reaching 62.98 and the lowest price hitting 62.66 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. SPDR SP is very steady at the moment. SPDR SP Global owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the etf had a 0.15% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SPDR SP Global, which you can use to evaluate the volatility of the etf. Please validate SPDR SP's risk adjusted performance of 0.1267, and Coefficient Of Variation of 597.66 to confirm if the risk estimate we provide is consistent with the expected return of 0.0988%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.77 | 200 Day MA 56.8873 | 1 y Volatility 13.76 | 50 Day MA 61.672 | Inception Date 2007-01-25 |
SPDR |
Sharpe Ratio = 0.1543
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Estimated Market Risk
0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average SPDR SP is performing at about 12% 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 SP by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 28.2 K |
SPDR SP Valuation on November 11, 2024
It is possible to determine the worth of SPDR SP on a given historical date. On November 11, 2024 SPDR was worth 61.7 at the beginning of the trading date compared to the closed value of 61.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR SP etf. Still, in general, we apply an absolute valuation method to find SPDR SP'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 SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR SP's related companies.
Open | High | Low | Close | Volume | |
61.31 | 61.69 | 61.29 | 61.63 | 55,787 | |
11/11/2024 | 61.70 | 61.94 | 61.60 | 61.76 | 42,171 |
61.55 | 61.55 | 60.60 | 60.91 | 94,900 |
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SPDR SP Trading Date Momentum on November 11, 2024
On November 12 2024 SPDR SP Global was traded for 60.91 at the closing time. Highest SPDR SP's price during the trading hours was 61.55 and the lowest price during the day was 60.60 . The net volume was 94.9 K. The overall trading history on the 12th of November 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.38% . The trading price change to current price is 0.83% . |
SPDR SP Global Fundamentals Correlations and Trends
By evaluating SPDR SP'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 SP'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 SP Etf history
SPDR SP 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 SP Global 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 SP stock prices may prove useful in developing a viable investing in SPDR SP
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. FTSE Global is traded on NYSEARCA Exchange in the United States.
SPDR SP Etf Technical Analysis
SPDR SP 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 SP Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
SPDR SP Global 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 SP November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR SP 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 SP shares will generate the highest return on investment. By undertsting and applying SPDR SP etf market strength indicators, traders can identify SPDR SP Global entry and exit signals to maximize returns
SPDR SP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR SP'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 | 0.1267 | |||
Jensen Alpha | 0.0673 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.3673 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SP Global. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of SPDR SP Global 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.