Spdr Russell 1000 Etf Price on May 6, 2024
ONEO Etf | USD 127.95 0.26 0.20% |
Below is the normalized historical share price chart for SPDR Russell 1000 extending back to December 03, 2015. 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 Russell stands at 127.95, as last reported on the 4th of December, with the highest price reaching 127.95 and the lowest price hitting 127.57 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. SPDR Russell appears to be very steady, given 3 months investment horizon. SPDR Russell 1000 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the etf had a 0.26% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SPDR Russell 1000, which you can use to evaluate the volatility of the etf. Please review SPDR Russell's risk adjusted performance of 0.1364, and Coefficient Of Variation of 561.17 to confirm if our risk estimates are consistent with your expectations.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.19 | 200 Day MA 114.2983 | 1 y Volatility 14.01 | 50 Day MA 121.3271 | Inception Date 2015-12-01 |
SPDR |
Sharpe Ratio = 0.2649
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Estimated Market Risk
0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average SPDR Russell is performing at about 20% 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 Russell by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 24.7 K |
SPDR Russell Valuation on May 6, 2024
It is possible to determine the worth of SPDR Russell on a given historical date. On May 6, 2024 SPDR was worth 110.3 at the beginning of the trading date compared to the closed value of 110.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Russell etf. Still, in general, we apply an absolute valuation method to find SPDR Russell'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 Russell where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Russell's related companies.
Open | High | Low | Close | Volume | |
109.08 | 109.08 | 109.08 | 109.08 | 54.00 | |
05/06/2024 | 110.30 | 110.30 | 110.30 | 110.30 | 67.00 |
110.23 | 110.23 | 110.23 | 110.23 | 24.00 |
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SPDR Russell Trading Date Momentum on May 6, 2024
On May 07 2024 SPDR Russell 1000 was traded for 110.23 at the closing time. The top price for the day was 110.23 and the lowest listed price was 110.23 . The trading volume for the day was 24.0. The trading history from May 7, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.06% . The trading price change against the current closing price is 1.47% . |
SPDR Russell 1000 Fundamentals Correlations and Trends
By evaluating SPDR Russell'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 Russell'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 Russell Etf history
SPDR Russell 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 Russell 1000 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 Russell stock prices may prove useful in developing a viable investing in SPDR Russell
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. Russell 1000 is traded on NYSEARCA Exchange in the United States.
SPDR Russell Etf Technical Analysis
SPDR Russell 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 Russell Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
SPDR Russell 1000 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 Russell December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Russell 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 Russell shares will generate the highest return on investment. By undertsting and applying SPDR Russell etf market strength indicators, traders can identify SPDR Russell 1000 entry and exit signals to maximize returns
SPDR Russell Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Russell'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 | 0.1364 | |||
Jensen Alpha | 0.0516 | |||
Total Risk Alpha | 0.0241 | |||
Sortino Ratio | 0.0416 | |||
Treynor Ratio | 0.1696 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SPDR Russell 1000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. 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 Russell 1000 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is SPDR Russell'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 Russell's market value can be influenced by many factors that don't directly affect SPDR Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Russell'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.