SPDR Gold (Germany) Price on September 30, 2024
| GQ9 Stock | EUR 231.70 0.27 0.12% |
If you're considering investing in SPDR Stock, it is important to understand the factors that can impact its price. As of today, the current price of SPDR Gold stands at 231.70, as last reported on the 28th of December, with the highest price reaching 233.70 and the lowest price hitting 231.18 during the day. At this point, SPDR Gold is very steady. SPDR Gold Shares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SPDR Gold Shares, which you can use to evaluate the volatility of the company. Please validate SPDR Gold's risk adjusted performance of 0.1014, and Coefficient Of Variation of 800.48 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
SPDR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SPDR |
Sharpe Ratio = 0.1034
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | GQ9 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average SPDR Gold is performing at about 8% 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 Gold by adding it to a well-diversified portfolio.
SPDR Gold Valuation on September 30, 2024
It is possible to determine the worth of SPDR Gold on a given historical date. On September 30, 2024 SPDR was worth 220.02 at the beginning of the trading date compared to the closed value of 218.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Gold stock. Still, in general, we apply an absolute valuation method to find SPDR Gold'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 Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Gold's related companies.
| Open | High | Low | Close | Volume | |
| 220.52 | 221.30 | 219.00 | 219.08 | 3.00 | |
09/30/2024 | 220.02 | 220.02 | 217.69 | 218.40 | 3.00 |
| 219.40 | 222.84 | 219.40 | 222.12 | 3.00 |
| Backtest SPDR Gold | | | SPDR Gold History | | | SPDR Gold Valuation | Previous | Next |
SPDR Gold Trading Date Momentum on September 30, 2024
| On October 01 2024 SPDR Gold Shares was traded for 222.12 at the closing time. The maximum traded price for the trading interval was 222.84 and the lowest daily price was 219.40 . There was no trading activity during the period 3.0. Lack of trading volume on 1st of October 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 1.70% . The trading price change to the closing price today is 2.25% . |
About SPDR Gold Stock history
SPDR Gold 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 Gold Shares 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 Gold stock prices may prove useful in developing a viable investing in SPDR Gold
SPDR Gold Stock Technical Analysis
SPDR Gold technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
SPDR Gold Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
SPDR Gold Shares cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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 Gold December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPDR Gold shares will generate the highest return on investment. By undertsting and applying SPDR Gold stock market strength indicators, traders can identify SPDR Gold Shares entry and exit signals to maximize returns
SPDR Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Gold's price direction in advance. Along with the technical and fundamental analysis of SPDR Stock 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 | 0.1014 | |||
| Jensen Alpha | 0.112 | |||
| Total Risk Alpha | 0.0851 | |||
| Sortino Ratio | 0.0821 | |||
| Treynor Ratio | 5.82 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for SPDR Stock analysis
When running SPDR Gold's price analysis, check to measure SPDR Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR Gold is operating at the current time. Most of SPDR Gold's value examination focuses on studying past and present price action to predict the probability of SPDR Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR Gold's price. Additionally, you may evaluate how the addition of SPDR Gold to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |