SPASX 50 (Australia) Price on September 5, 2024
| AFLI Index | 8,286 39.90 0.48% |
Below is the normalized historical share price chart for SPASX 50 extending back to April 19, 2001. 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 SPASX 50 stands at 8,286, as last reported on the 28th of November, with the highest price reaching 8,318 and the lowest price hitting 8,247 during the day.
If you're considering investing in SPASX Index, it is important to understand the factors that can impact its price. SPASX 50 retains Efficiency (Sharpe Ratio) of 0.1, which indicates the index had a 0.1% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for SPASX 50, which you can use to evaluate the volatility of the index. SPASX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.1011
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| Cash | AFLI | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average SPASX 50 is performing at about 7% 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 SPASX 50 by adding it to a well-diversified portfolio.
SPASX 50 Valuation on September 5, 2024
It is possible to determine the worth of SPASX 50 on a given historical date. On September 5, 2024 SPASX was worth 7851.7 at the beginning of the trading date compared to the closed value of 7883.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPASX 50 index. Still, in general, we apply an absolute valuation method to find SPASX 50'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 SPASX 50 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPASX 50's related companies.
| Open | High | Low | Close | Volume | |
| 7,998 | 7,998 | 7,826 | 7,852 | 275,600 | |
09/05/2024 | 7,852 | 7,893 | 7,852 | 7,883 | 265,100 |
| 7,883 | 7,937 | 7,883 | 7,920 | 1.00 |
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SPASX 50 Trading Date Momentum on September 5, 2024
| On September 06 2024 SPASX 50 was traded for 7,920 at the closing time. The highest price during the trading period was 7,937 and the lowest recorded bid was listed for 7,883 . There was no trading activity during the period 1.0. Lack of trading volume on September 6, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 0.47% . The trading price change to the current price is 1.33% . |
Price Boundaries
SPASX 50 Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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SPASX 50 November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how SPASX 50 index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPASX 50 shares will generate the highest return on investment. By undertsting and applying SPASX 50 index market strength indicators, traders can identify SPASX 50 entry and exit signals to maximize returns
SPASX 50 Technical Drivers
SPASX 50 November 28, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPASX 50's price direction in advance. Along with the technical and fundamental analysis of SPASX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPASX 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 | 0.0688 | |||
| Mean Deviation | 0.4646 | |||
| Semi Deviation | 0.6315 | |||
| Downside Deviation | 0.73 | |||
| Coefficient Of Variation | 1069.27 | |||
| Standard Deviation | 0.6013 | |||
| Variance | 0.3615 | |||
| Information Ratio | (0.12) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.10) | |||
| Maximum Drawdown | 2.65 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 0.7999 | |||
| Downside Variance | 0.533 | |||
| Semi Variance | 0.3988 | |||
| Expected Short fall | (0.44) | |||
| Skewness | (0.89) | |||
| Kurtosis | 0.9883 |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |