Spdr Bofa Merrill Etf Price on November 18, 2024
| XOVR Etf | USD 18.50 0.31 1.70% |
Below is the normalized historical share price chart for SPDR BOFA MERRILL extending back to November 08, 2017. 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 BOFA stands at 18.50, as last reported on the 22nd of November, with the highest price reaching 18.50 and the lowest price hitting 18.23 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. SPDR BOFA appears to be very steady, given 3 months investment horizon. SPDR BOFA MERRILL owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the etf had a 0.22% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for SPDR BOFA MERRILL, which you can use to evaluate the volatility of the etf. Please review SPDR BOFA's coefficient of variation of 560.12, and Risk Adjusted Performance of 0.1404 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 25.63 | 200 Day MA 15.4763 | 1 y Volatility 18.92 | 50 Day MA 16.6262 | Inception Date 2017-11-07 |
SPDR |
Sharpe Ratio = 0.2179
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Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average SPDR BOFA is performing at about 17% 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 BOFA by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 88.4 K |
SPDR BOFA Main Headline on 18th of November 2024
On The My Stocks Page - Stock Traders Daily by news.google.com
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SPDR BOFA Valuation on November 18, 2024
It is possible to determine the worth of SPDR BOFA on a given historical date. On November 18, 2024 SPDR was worth 17.51 at the beginning of the trading date compared to the closed value of 17.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR BOFA etf. Still, in general, we apply an absolute valuation method to find SPDR BOFA'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 BOFA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR BOFA's related companies.
| Open | High | Low | Close | Volume | |
| 17.64 | 17.64 | 17.27 | 17.32 | 3,144 | |
11/18/2024 | 17.51 | 17.54 | 17.38 | 17.51 | 8,978 |
| 17.48 | 17.83 | 17.48 | 17.82 | 8,687 |
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SPDR BOFA Trading Date Momentum on November 18, 2024
| On November 19 2024 SPDR BOFA MERRILL was traded for 17.82 at the closing time. The top price for the day was 17.83 and the lowest listed price was 17.48 . The trading volume for the day was 8.7 K. The trading history from November 19, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 1.77% . The trading price change against the current closing price is 4.40% . |
SPDR BOFA MERRILL Fundamentals Correlations and Trends
By evaluating SPDR BOFA'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 BOFA'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 BOFA Etf history
SPDR BOFA 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 BOFA MERRILL 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 BOFA stock prices may prove useful in developing a viable investing in SPDR BOFA
SPDR BOFA Etf Technical Analysis
SPDR BOFA 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 BOFA Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
SPDR BOFA MERRILL cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 BOFA November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR BOFA 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 BOFA shares will generate the highest return on investment. By undertsting and applying SPDR BOFA etf market strength indicators, traders can identify SPDR BOFA MERRILL entry and exit signals to maximize returns
SPDR BOFA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR BOFA'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 | 0.1404 | |||
| Jensen Alpha | 0.1141 | |||
| Total Risk Alpha | 0.0541 | |||
| Sortino Ratio | 0.0809 | |||
| Treynor Ratio | 0.1992 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR BOFA MERRILL. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of SPDR BOFA MERRILL 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 BOFA's value that differs from its market value or its book value, called intrinsic value, which is SPDR BOFA'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 BOFA's market value can be influenced by many factors that don't directly affect SPDR BOFA'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 BOFA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR BOFA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR BOFA'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.