Spdr Factset Innovative Etf Price on May 15, 2024
| XITK Etf | USD 181.49 1.18 0.65% |
Below is the normalized historical share price chart for SPDR FactSet Innovative extending back to January 14, 2016. 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 FactSet stands at 181.49, as last reported on the 1st of December, with the highest price reaching 181.73 and the lowest price hitting 181.49 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. SPDR FactSet appears to be very steady, given 3 months investment horizon. SPDR FactSet Innovative owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates the etf had a 0.29% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SPDR FactSet Innovative, which you can use to evaluate the volatility of the etf. Please review SPDR FactSet's risk adjusted performance of 0.1815, and Coefficient Of Variation of 431.52 to confirm if our risk estimates are consistent with your expectations.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 28.87 | 200 Day MA 149.649 | 1 y Volatility 20.92 | 50 Day MA 162.2782 | Inception Date 2016-01-13 |
SPDR |
Sharpe Ratio = 0.2855
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Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average SPDR FactSet is performing at about 22% 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 FactSet by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 11.1 K |
SPDR FactSet Valuation on May 15, 2024
It is possible to determine the worth of SPDR FactSet on a given historical date. On May 15, 2024 SPDR was worth 147.17 at the beginning of the trading date compared to the closed value of 148.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR FactSet etf. Still, in general, we apply an absolute valuation method to find SPDR FactSet'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 FactSet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR FactSet's related companies.
| Open | High | Low | Close | Volume | |
| 143.82 | 144.95 | 143.82 | 144.62 | 2,000 | |
05/15/2024 | 147.17 | 148.07 | 147.17 | 148.07 | 1,300 |
| 148.47 | 148.47 | 147.76 | 147.76 | 1,000.00 |
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SPDR FactSet Trading Date Momentum on May 15, 2024
| On May 16 2024 SPDR FactSet Innovative was traded for 147.76 at the closing time. The top price for the day was 148.47 and the lowest listed price was 147.76 . The trading volume for the day was 1000. The trading history from May 16, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.21% . The trading price change against the current closing price is 0.92% . |
SPDR FactSet Innovative Fundamentals Correlations and Trends
By evaluating SPDR FactSet'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 FactSet'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 FactSet Etf history
SPDR FactSet 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 FactSet Innovative 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 FactSet stock prices may prove useful in developing a viable investing in SPDR FactSet
-listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. Factset Innovative is traded on NYSEARCA Exchange in the United States.
SPDR FactSet Etf Technical Analysis
SPDR FactSet 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
SPDR FactSet Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
SPDR FactSet Innovative cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 FactSet December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR FactSet 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 FactSet shares will generate the highest return on investment. By undertsting and applying SPDR FactSet etf market strength indicators, traders can identify SPDR FactSet Innovative entry and exit signals to maximize returns
SPDR FactSet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR FactSet'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.
| Risk Adjusted Performance | 0.1815 | |||
| Jensen Alpha | 0.1387 | |||
| Total Risk Alpha | 0.0775 | |||
| Sortino Ratio | 0.1336 | |||
| Treynor Ratio | 0.2356 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR FactSet Innovative. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of SPDR FactSet Innovative is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR FactSet's value that differs from its market value or its book value, called intrinsic value, which is SPDR FactSet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR FactSet's market value can be influenced by many factors that don't directly affect SPDR FactSet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR FactSet's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR FactSet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR FactSet'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.