SPDR SP (Australia) Price on September 25, 2024

WXOZ Etf   47.97  0.19  0.40%   
Below is the normalized historical share price chart for SPDR SP World extending back to March 18, 2013. 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 SP stands at 47.97, as last reported on the 27th of November, with the highest price reaching 48.13 and the lowest price hitting 47.97 during the day.
200 Day MA
44.8662
50 Day MA
45.9324
Inception Date
2013-03-18
Beta
1
 
Yuan Drop
 
Covid
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. Currently, SPDR SP World is very steady. SPDR SP World owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the etf had a 0.21% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SPDR SP World, which you can use to evaluate the volatility of the etf. Please validate SPDR SP's coefficient of variation of 541.13, and Risk Adjusted Performance of 0.1388 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
  
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2135

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashWXOZAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.61
  actual daily
5
95% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average SPDR SP is performing at about 16% 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 SP by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
AUD 100599

SPDR SP Valuation on September 25, 2024

It is possible to determine the worth of SPDR SP on a given historical date. On September 25, 2024 SPDR was worth 44.34 at the beginning of the trading date compared to the closed value of 44.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR SP etf. Still, in general, we apply an absolute valuation method to find SPDR SP'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 SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR SP's related companies.
 Open High Low Close Volume
  44.64    44.65    44.40    44.58    735.00  
09/25/2024
  44.34    44.39    44.34    44.36    10.00  
  44.84    44.84    44.79    44.79    18.00  
Backtest SPDR SP  |  SPDR SP History  |  SPDR SP Valuation   PreviousNext  
Open Value
44.34
44.36
Closing Value
46.16
Upside

SPDR SP Trading Date Momentum on September 25, 2024

On September 26 2024 SPDR SP World was traded for  44.79  at the closing time. The highest price during the trading period was 44.84  and the lowest recorded bid was listed for  44.79 . The volume for the day was 18.0. This history from September 26, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.97% . The trading price change to the current price is 1.44% .

SPDR SP World Fundamentals Correlations and Trends

By evaluating SPDR SP'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 SP'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 SP Etf history

SPDR SP 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 SP World 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 SP stock prices may prove useful in developing a viable investing in SPDR SP

SPDR SP Etf Technical Analysis

SPDR SP 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.
A focus of SPDR SP technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SPDR SP trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

SPDR SP Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SPDR SP World cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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 SP November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how SPDR SP 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 SP shares will generate the highest return on investment. By undertsting and applying SPDR SP etf market strength indicators, traders can identify SPDR SP World entry and exit signals to maximize returns

SPDR SP Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SPDR SP'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.
When determining whether SPDR SP World is a strong investment it is important to analyze SPDR SP's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR SP's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP World. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Please note, there is a significant difference between SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.