Spdr Sp 500 Etf Technical Analysis
| SPY Etf | USD 595.51 1.84 0.31% |
As of the 23rd of November, SPDR SP has the risk adjusted performance of 0.0932, and Coefficient Of Variation of 819.89. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SPDR SP 500, as well as the relationship between them.
SPDR SP Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPDR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPDRSPDR |
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.
SPDR SP 500 Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SPDR SP 500 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SPDR SP 500 Trend Analysis
Use this graph to draw trend lines for SPDR SP 500. You can use it to identify possible trend reversals for SPDR SP as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SPDR SP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SPDR SP Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SPDR SP 500 applied against its price change over selected period. The best fit line has a slop of 0.73 , which may imply that SPDR SP 500 will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 20353.88, which is the sum of squared deviations for the predicted SPDR SP price change compared to its average price change.About SPDR SP Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SPDR SP 500 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SPDR SP 500 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on SPDR SP 500 price pattern first instead of the macroeconomic environment surrounding SPDR SP 500. By analyzing SPDR SP's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SPDR SP's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SPDR SP specific price patterns or momentum indicators. Please read more on our technical analysis page.
SPDR SP November 23, 2024 Technical Indicators
Most technical analysis of SPDR help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SPDR from various momentum indicators to cycle indicators. When you analyze SPDR charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0932 | |||
| Market Risk Adjusted Performance | 0.1087 | |||
| Mean Deviation | 0.5568 | |||
| Semi Deviation | 0.6742 | |||
| Downside Deviation | 0.8403 | |||
| Coefficient Of Variation | 819.89 | |||
| Standard Deviation | 0.7741 | |||
| Variance | 0.5992 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.0006) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0987 | |||
| Maximum Drawdown | 3.77 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.12 | |||
| Downside Variance | 0.7062 | |||
| Semi Variance | 0.4546 | |||
| Expected Short fall | (0.56) | |||
| Skewness | (0.23) | |||
| Kurtosis | 1.75 |
SPDR SP 500 One Year Return
Based on the recorded statements, SPDR SP 500 has an One Year Return of 31.7%. This is 308.51% higher than that of the SPDR State Street Global Advisors family and 235.81% higher than that of the Large Blend category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.SPDR SP November 23, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as SPDR stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 158,310 | ||
| Daily Balance Of Power | 0.61 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 594.65 | ||
| Day Typical Price | 594.94 | ||
| Price Action Indicator | 1.78 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of SPDR SP 500 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 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.