SSgA SPDR (Netherlands) Price on October 15, 2024
| SXLB Etf | 41.59 0.37 0.88% |
If you're considering investing in SSgA Etf, it is important to understand the factors that can impact its price. As of today, the current price of SSgA SPDR stands at 41.59, as last reported on the 13th of December 2024, with the highest price reaching 42.02 and the lowest price hitting 41.54 during the day. Currently, SSgA SPDR ETFs is very steady. SSgA SPDR ETFs owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0885, which indicates the etf had a 0.0885% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SSgA SPDR ETFs, which you can use to evaluate the volatility of the etf. Please validate SSgA SPDR's Coefficient Of Variation of 1147.54, semi deviation of 0.6236, and Risk Adjusted Performance of 0.0653 to confirm if the risk estimate we provide is consistent with the expected return of 0.0817%.
SSgA Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SSgA |
Sharpe Ratio = 0.0885
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | SXLB | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average SSgA SPDR is performing at about 6% 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 SSgA SPDR by adding it to a well-diversified portfolio.
SSgA SPDR Valuation on October 15, 2024
It is possible to determine the worth of SSgA SPDR on a given historical date. On October 15, 2024 SSgA was worth 43.26 at the beginning of the trading date compared to the closed value of 43.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SSgA SPDR etf. Still, in general, we apply an absolute valuation method to find SSgA SPDR'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 SSgA SPDR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SSgA SPDR's related companies.
| Open | High | Low | Close | Volume | |
| 42.91 | 43.02 | 42.79 | 43.02 | 17,528 | |
10/15/2024 | 43.26 | 43.47 | 43.14 | 43.47 | 1,200 |
| 43.33 | 43.61 | 43.27 | 43.61 | 720.00 |
| Backtest SSgA SPDR | | | SSgA SPDR History | Previous | Next |
SSgA SPDR Trading Date Momentum on October 15, 2024
| On October 16 2024 SSgA SPDR ETFs was traded for 43.61 at the closing time. The highest price during the trading period was 43.61 and the lowest recorded bid was listed for 43.27 . The volume for the day was 720. This history from October 16, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.32% . The trading price change to the current price is 1.86% . |
Price Boundaries
SSgA SPDR Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
SSgA SPDR ETFs cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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.
SSgA SPDR December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how SSgA SPDR etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SSgA SPDR shares will generate the highest return on investment. By undertsting and applying SSgA SPDR etf market strength indicators, traders can identify SSgA SPDR ETFs entry and exit signals to maximize returns
SSgA SPDR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SSgA SPDR's price direction in advance. Along with the technical and fundamental analysis of SSgA Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SSgA 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.