SPDR Dow (Australia) Price on November 26, 2024

DJRE Etf   22.06  0.20  0.90%   
Below is the normalized historical share price chart for SPDR Dow Jones extending back to November 01, 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 Dow stands at 22.06, as last reported on the 12th of December 2024, with the highest price reaching 22.45 and the lowest price hitting 22.00 during the day.
200 Day MA
20.764
50 Day MA
21.9412
Inception Date
2013-11-01
Beta
0.71
 
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 Dow Jones is very steady. SPDR Dow Jones owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0068, which indicates the etf had a 0.0068% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for SPDR Dow Jones, which you can use to evaluate the volatility of the etf. Please validate SPDR Dow's coefficient of variation of 16697.2, and Risk Adjusted Performance of 0.0064 to confirm if the risk estimate we provide is consistent with the expected return of 0.0063%.
  
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0068

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsDJRE

Estimated Market Risk

 0.92
  actual daily
8
92% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average SPDR Dow is not performing at its full potential. However, 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 Dow by adding SPDR Dow to a well-diversified portfolio.
Average Mkt Cap Mil
AUD 15224

SPDR Dow Valuation on November 26, 2024

It is possible to determine the worth of SPDR Dow on a given historical date. On November 26, 2024 SPDR was worth 22.25 at the beginning of the trading date compared to the closed value of 22.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Dow etf. Still, in general, we apply an absolute valuation method to find SPDR Dow'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 Dow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Dow's related companies.
 Open High Low Close Volume
  22.00    22.26    22.00    22.22    51,343  
11/26/2024
  22.25    22.63    22.25    22.36    25,155  
  22.43    22.64    22.43    22.53    7,804  
Backtest SPDR Dow  |  SPDR Dow History  |  SPDR Dow Valuation   PreviousNext  
Open Value
22.25
22.36
Closing Value
25.01
Upside

SPDR Dow Trading Date Momentum on November 26, 2024

On November 27 2024 SPDR Dow Jones was traded for  22.53  at the closing time. The highest price during the trading period was 22.64  and the lowest recorded bid was listed for  22.43 . The volume for the day was 7.8 K. This history from November 27, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.76% . The trading price change to the current price is 0.40% .

SPDR Dow Jones Fundamentals Correlations and Trends

By evaluating SPDR Dow'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 Dow'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 Dow Etf history

SPDR Dow 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 Dow Jones 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 Dow stock prices may prove useful in developing a viable investing in SPDR Dow

SPDR Dow Etf Technical Analysis

SPDR Dow 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 Dow technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SPDR Dow 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 Dow Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SPDR Dow Jones 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 Dow December 12, 2024 Market Strength

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

SPDR Dow Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SPDR Dow'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 Dow Jones offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Dow's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Dow Jones Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Dow Jones Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR Dow Jones. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Please note, there is a significant difference between SPDR Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Dow'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.