SPIRIT RLTY L Price on October 16, 2024
| 84861TAC2 | 99.48 0.00 0.00% |
If you're considering investing in SPIRIT Bond, it is important to understand the factors that can impact its price. As of today, the current price of SPIRIT stands at 99.48, as last reported on the 29th of November, with the highest price reaching 99.48 and the lowest price hitting 99.48 during the day. At this point, SPIRIT is very steady. SPIRIT RLTY L owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0046, which indicates the bond had a 0.0046% return per unit of volatility over the last 3 months. We have found twenty-five technical indicators for SPIRIT RLTY L, which you can use to evaluate the volatility of the bond. Please validate SPIRIT's risk adjusted performance of 0.0313, and Coefficient Of Variation of 2651.29 to confirm if the risk estimate we provide is consistent with the expected return of 0.0046%.
SPIRIT Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
SPIRIT |
Sharpe Ratio = 0.0046
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 84861TAC2 |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPIRIT 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 SPIRIT by adding SPIRIT to a well-diversified portfolio.
SPIRIT Valuation on October 16, 2024
It is possible to determine the worth of SPIRIT on a given historical date. On October 16, 2024 SPIRIT was worth 98.56 at the beginning of the trading date compared to the closed value of 98.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPIRIT bond. Still, in general, we apply an absolute valuation method to find SPIRIT'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 SPIRIT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPIRIT's related companies.
| Open | High | Low | Close | Volume | |
10/16/2024 | 98.56 | 98.56 | 98.56 | 98.56 | 1.00 |
| 99.34 | 99.34 | 99.34 | 99.34 | 1.00 |
| Backtest SPIRIT | | | SPIRIT History | | | SPIRIT Valuation | Next |
SPIRIT Trading Date Momentum on October 16, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.About SPIRIT Bond history
SPIRIT 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 SPIRIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SPIRIT RLTY L 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 SPIRIT stock prices may prove useful in developing a viable investing in SPIRIT
SPIRIT Bond Technical Analysis
SPIRIT technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
SPIRIT Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
SPIRIT RLTY L cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.
SPIRIT November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how SPIRIT bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPIRIT shares will generate the highest return on investment. By undertsting and applying SPIRIT bond market strength indicators, traders can identify SPIRIT RLTY L entry and exit signals to maximize returns
SPIRIT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPIRIT's price direction in advance. Along with the technical and fundamental analysis of SPIRIT Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPIRIT 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 | 0.0313 | |||
| Jensen Alpha | 0.0143 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.2363 |
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Other Information on Investing in SPIRIT Bond
SPIRIT financial ratios help investors to determine whether SPIRIT Bond 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 SPIRIT with respect to the benefits of owning SPIRIT security.