SSgA SPDR (Germany) Price on October 31, 2024
| SYBJ Etf | EUR 52.28 0.13 0.25% |
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 52.28, as last reported on the 1st of December, with the highest price reaching 52.38 and the lowest price hitting 52.13 during the day. At this point, SSgA SPDR is very steady. SSgA SPDR ETFs owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the etf had a 0.18% 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 Risk Adjusted Performance of 0.1047, downside deviation of 0.1723, and Standard Deviation of 0.1687 to confirm if the risk estimate we provide is consistent with the expected return of 0.0306%.
SSgA Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SSgA |
Sharpe Ratio = 0.1813
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| Negative Returns | SYBJ |
Estimated Market Risk
| 0.17 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
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average SSgA SPDR is performing at about 14% 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 31, 2024
It is possible to determine the worth of SSgA SPDR on a given historical date. On October 31, 2024 SSgA was worth 51.92 at the beginning of the trading date compared to the closed value of 51.82. 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 | |
| 52.01 | 52.01 | 51.87 | 51.87 | 1.00 | |
10/31/2024 | 51.92 | 51.92 | 51.80 | 51.82 | 1.00 |
| 51.80 | 51.94 | 51.80 | 51.84 | 1.00 |
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SSgA SPDR Trading Date Momentum on October 31, 2024
| On November 01 2024 SSgA SPDR ETFs was traded for 51.84 at the closing time. The maximum traded price for the trading interval was 51.94 and the lowest daily price was 51.80 . There was no trading activity during the period 1.0. Lack of trading volume on 1st of November 2024 played a part in the next trading day price rise. The trading price change to the next closing price was 0.04% . The trading price change to the closing price today is 0.64% . |
About SSgA SPDR Etf history
SSgA SPDR 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 SSgA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SSgA SPDR ETFs 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 SSgA SPDR stock prices may prove useful in developing a viable investing in SSgA SPDR
SSgA SPDR Etf Technical Analysis
SSgA SPDR 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
SSgA SPDR Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
SSgA SPDR ETFs cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
SSgA SPDR December 1, 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.
| Risk Adjusted Performance | 0.1047 | |||
| Jensen Alpha | 0.0155 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.62) | |||
| Treynor Ratio | 0.4949 |
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Other Information on Investing in SSgA Etf
SSgA SPDR financial ratios help investors to determine whether SSgA Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SSgA with respect to the benefits of owning SSgA SPDR security.