Sp Global Natural Index Price on September 11, 2024
| NRU Index | 2,968 14.37 0.49% |
If you're considering investing in NRU Index, it is important to understand the factors that can impact its price. As of today, the current price of SP Global stands at 2,968, as last reported on the 30th of November, with the highest price reaching 2,989 and the lowest price hitting 2,952 during the day. SP Global Natural retains Efficiency (Sharpe Ratio) of -0.064, which indicates the index had a -0.064% return per unit of price deviation over the last 3 months. SP Global exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. NRU Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.064
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NRU |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.06 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 SP Global 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 SP Global by adding SP Global to a well-diversified portfolio.
SP Global Valuation on September 11, 2024
It is possible to determine the worth of SP Global on a given historical date. On September 11, 2024 NRU was worth 2897.86 at the beginning of the trading date compared to the closed value of 2893.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SP Global index. Still, in general, we apply an absolute valuation method to find SP Global'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 SP Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SP Global's related companies.
| Open | High | Low | Close | Volume | |
| 2,925 | 2,929 | 2,883 | 2,897 | 1.00 | |
09/11/2024 | 2,898 | 2,913 | 2,864 | 2,894 | 1.00 |
| 2,897 | 2,944 | 2,894 | 2,939 | 1.00 |
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SP Global Trading Date Momentum on September 11, 2024
| On September 12 2024 SP Global Natural was traded for 2,939 at the closing time. The highest price during the trading period was 2,944 and the lowest recorded bid was listed for 2,894 . There was no trading activity during the period 1.0. Lack of trading volume on September 12, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.58% . The trading price change to the current price is 5.07% . |
Price Boundaries
SP Global Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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SP Global November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how SP Global index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SP Global shares will generate the highest return on investment. By undertsting and applying SP Global index market strength indicators, traders can identify SP Global Natural entry and exit signals to maximize returns
SP Global Technical Drivers
SP Global November 30, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SP Global's price direction in advance. Along with the technical and fundamental analysis of NRU Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of NRU 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 | (0.05) | |||
| Mean Deviation | 0.6429 | |||
| Coefficient Of Variation | (1,563) | |||
| Standard Deviation | 0.8936 | |||
| Variance | 0.7985 | |||
| Information Ratio | (0.22) | |||
| Total Risk Alpha | (0.22) | |||
| Maximum Drawdown | 4.25 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.31 | |||
| Skewness | (0.65) | |||
| Kurtosis | 1.27 |
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