Spdr Bloomberg High Etf Price on December 3, 2024
JNK Etf | USD 96.99 0.02 0.02% |
Below is the normalized historical share price chart for SPDR Bloomberg High extending back to December 04, 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 Bloomberg stands at 96.99, as last reported on the 12th of December 2024, with the highest price reaching 97.17 and the lowest price hitting 96.99 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. As of now, SPDR Etf is very steady. SPDR Bloomberg High owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the etf had a 0.12% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for SPDR Bloomberg High, which you can use to evaluate the volatility of the etf. Please validate SPDR Bloomberg's risk adjusted performance of 0.0907, and Coefficient Of Variation of 621.93 to confirm if the risk estimate we provide is consistent with the expected return of 0.0251%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.23 | 200 Day MA 95.3946 | 1 y Volatility 4.5 | 50 Day MA 96.7352 | Inception Date 2007-11-28 |
SPDR |
Sharpe Ratio = 0.1228
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | JNK |
Estimated Market Risk
0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average SPDR Bloomberg is performing at about 9% 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 Bloomberg by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 1.1 K |
Related Headline
Eaton Vance Headline on 3rd of December 2024
Eaton Vance National Municipal Opportunities Trust declares ... by seekingalpha.com
Eaton Vance National Municipal Opportunities Trust maintains 0.0683share monthly dividend with a 4.65 percent forward yield. Payable Dec.
SPDR Bloomberg Valuation on December 3, 2024
It is possible to determine the worth of SPDR Bloomberg on a given historical date. On December 3, 2024 SPDR was worth 96.79 at the beginning of the trading date compared to the closed value of 96.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Bloomberg etf. Still, in general, we apply an absolute valuation method to find SPDR Bloomberg'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 Bloomberg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Bloomberg's related companies.
Open | High | Low | Close | Volume | |
97.03 | 97.03 | 96.64 | 96.79 | 3,129,221 | |
12/03/2024 | 96.79 | 96.91 | 96.75 | 96.81 | 2,005,236 |
96.90 | 97.02 | 96.79 | 97.02 | 2,434,862 |
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SPDR Bloomberg Trading Date Momentum on December 3, 2024
On December 04 2024 SPDR Bloomberg High was traded for 97.02 at the closing time. Highest SPDR Bloomberg's price during the trading hours was 97.02 and the lowest price during the day was 96.79 . The net volume was 2.4 M. The overall trading history on the 4th of December contributed to the next trading period price upswing. The trading delta at closing time to the next next day price was 0.22% . The trading price change to current price is 0.37% . |
SPDR Bloomberg High Fundamentals Correlations and Trends
By evaluating SPDR Bloomberg'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 Bloomberg'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 Bloomberg Etf history
SPDR Bloomberg 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 Bloomberg High 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 Bloomberg stock prices may prove useful in developing a viable investing in SPDR Bloomberg
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. High Yield is traded on NYSEARCA Exchange in the United States.
SPDR Bloomberg Etf Technical Analysis
SPDR Bloomberg 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 Bloomberg Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
SPDR Bloomberg High 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 Bloomberg December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Bloomberg 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 Bloomberg shares will generate the highest return on investment. By undertsting and applying SPDR Bloomberg etf market strength indicators, traders can identify SPDR Bloomberg High entry and exit signals to maximize returns
SPDR Bloomberg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Bloomberg'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 | 0.0907 | |||
Jensen Alpha | 0.0075 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.42) | |||
Treynor Ratio | 0.1712 |
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Pattern Recognition | ||
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Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Bloomberg High. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of SPDR Bloomberg High 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is SPDR Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect SPDR Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Bloomberg'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.