SPDR SP (Netherlands) Price on November 20, 2024
GEDV Etf | 19.09 0.05 0.26% |
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. As of today, the current price of SPDR SP stands at 19.09, as last reported on the 30th of December, with the highest price reaching 19.90 and the lowest price hitting 19.09 during the day. Currently, SPDR SP Global is very steady. SPDR SP Global owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0263, which indicates the etf had a 0.0263% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SPDR SP Global, which you can use to evaluate the volatility of the etf. Please validate SPDR SP's coefficient of variation of 2196.71, and Risk Adjusted Performance of 0.0359 to confirm if the risk estimate we provide is consistent with the expected return of 0.0206%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SPDR |
Sharpe Ratio = 0.0263
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Estimated Market Risk
0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average SPDR SP is performing at about 2% 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 SP by adding it to a well-diversified portfolio.
SPDR SP Valuation on November 20, 2024
It is possible to determine the worth of SPDR SP on a given historical date. On November 20, 2024 SPDR was worth 19.43 at the beginning of the trading date compared to the closed value of 19.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR SP etf. Still, in general, we apply an absolute valuation method to find SPDR SP'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 SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR SP's related companies.
Open | High | Low | Close | Volume | |
19.37 | 19.37 | 19.37 | 19.37 | 9.00 | |
11/20/2024 | 19.43 | 19.43 | 19.36 | 19.36 | 26.00 |
19.50 | 19.73 | 19.50 | 19.73 | 6.00 |
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SPDR SP Trading Date Momentum on November 20, 2024
On November 21 2024 SPDR SP Global was traded for 19.73 at the closing time. The highest price during the trading period was 19.73 and the lowest recorded bid was listed for 19.50 . The volume for the day was 6.0. This history from November 21, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.91% . The trading price change to the current price is 3.41% . |
Price Boundaries
SPDR SP Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
SPDR SP Global cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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 SP December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR SP 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 SP shares will generate the highest return on investment. By undertsting and applying SPDR SP etf market strength indicators, traders can identify SPDR SP Global entry and exit signals to maximize returns
SPDR SP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR SP'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.