SPDR BB (Netherlands) Price on September 13, 2024
USCE Etf | 26.42 0.01 0.04% |
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. As of today, the current price of SPDR BB stands at 26.42, as last reported on the 28th of November, with the highest price reaching 26.42 and the lowest price hitting 26.42 during the day. SPDR BB SB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0382, which indicates the etf had a -0.0382% return per unit of volatility over the last 3 months. SPDR BB SB exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPDR BB's risk adjusted performance of (0.04), and Variance of 0.1308 to confirm the risk estimate we provide.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SPDR |
Sharpe Ratio = -0.0382
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Estimated Market Risk
0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR BB 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 SPDR BB by adding SPDR BB to a well-diversified portfolio.
SPDR BB Valuation on September 13, 2024
It is possible to determine the worth of SPDR BB on a given historical date. On September 13, 2024 SPDR was worth 27.03 at the beginning of the trading date compared to the closed value of 27.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR BB etf. Still, in general, we apply an absolute valuation method to find SPDR BB'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 BB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR BB's related companies.
Open | High | Low | Close | Volume | |
27.00 | 27.00 | 26.96 | 26.96 | 1,677 | |
09/13/2024 | 27.03 | 27.05 | 27.03 | 27.05 | 1,677 |
27.09 | 27.12 | 27.09 | 27.12 | 1.00 |
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SPDR BB Trading Date Momentum on September 13, 2024
On September 16 2024 SPDR BB SB was traded for 27.12 at the closing time. The highest price during the trading period was 27.12 and the lowest recorded bid was listed for 27.09 . There was no trading activity during the period 1.0. Lack of trading volume on September 16, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.26% . The trading price change to the current price is 0.04% . |
Price Boundaries
SPDR BB Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
SPDR BB SB 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.
SPDR BB November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR BB 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 BB shares will generate the highest return on investment. By undertsting and applying SPDR BB etf market strength indicators, traders can identify SPDR BB SB entry and exit signals to maximize returns
SPDR BB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR BB'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.