Spdr Sp 1500 Etf Price on November 22, 2024
MMTM Etf | USD 267.29 2.15 0.81% |
Below is the normalized historical share price chart for SPDR SP 1500 extending back to October 25, 2012. 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 267.29, as last reported on the 27th of November, with the highest price reaching 268.88 and the lowest price hitting 266.26 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 SP 1500 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SPDR SP 1500, which you can use to evaluate the volatility of the etf. Please validate SPDR SP's coefficient of variation of 885.41, and Risk Adjusted Performance of 0.0883 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.22 | 200 Day MA 239.0043 | 1 y Volatility 13.5 | 50 Day MA 256.3034 | Inception Date 2012-10-24 |
SPDR |
Sharpe Ratio = 0.1563
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Estimated Market Risk
0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.16 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 293.4 K |
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SPDR SP Valuation on November 22, 2024
It is possible to determine the worth of SPDR SP on a given historical date. On November 22, 2024 SPDR was worth 264.65 at the beginning of the trading date compared to the closed value of 265.04. 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 | |
263.43 | 264.44 | 263.43 | 264.25 | 2,229 | |
11/22/2024 | 264.65 | 265.04 | 264.21 | 265.04 | 1,323 |
265.08 | 265.43 | 265.02 | 265.14 | 900.00 |
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SPDR SP Trading Date Momentum on November 22, 2024
On November 25 2024 SPDR SP 1500 was traded for 265.14 at the closing time. The top price for the day was 265.43 and the lowest listed price was 265.02 . The trading volume for the day was 900. The trading history from November 25, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.04% . The trading price change against the current closing price is 0.46% . |
SPDR SP 1500 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 1500 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
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 27, 2024
| High |
0.00 | 0.00 |
SPDR SP 1500 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 27, 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 1500 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 | 0.0883 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0997 |
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Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SP 1500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of SPDR SP 1500 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.