SPDR SP (Mexico) Price on December 13, 2024
| KRE Etf | MXN 1,312 0.00 0.00% |
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 1,312, as last reported on the 14th of December 2024, with the highest price reaching 1,312 and the lowest price hitting 1,312 during the day. SPDR SP appears to be very steady, given 3 months investment horizon. SPDR SP Regional owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the etf had a 0.11% return per unit of volatility over the last 3 months. We have found sixteen technical indicators for SPDR SP Regional, which you can use to evaluate the volatility of the etf. Please review SPDR SP's risk adjusted performance of 0.0668, and Variance of 14.12 to confirm if our risk estimates are consistent with your expectations.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SPDR |
Sharpe Ratio = 0.1107
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Estimated Market Risk
| 3.83 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average SPDR SP 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 SP by adding it to a well-diversified portfolio.
SPDR SP Valuation on December 13, 2024
It is possible to determine the worth of SPDR SP on a given historical date. On December 13, 2024 SPDR was worth 1311.6 at the beginning of the trading date compared to the closed value of 1311.6. 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 | |
| 1,312 | 1,312 | 1,312 | 1,312 | 1.00 | |
12/14/2024 | 1,312 | 1,312 | 1,312 | 1,312 | 0.00 |
| Backtest SPDR SP | | | SPDR SP History | | | SPDR SP Valuation | Previous |
SPDR SP Trading Date Momentum on December 13, 2024
| On December 14 2024 SPDR SP Regional was traded for 1,312 at the closing time. The maximum traded price for the trading interval was 1,312 and the lowest daily price was 1,312 . There was no trading activity during the period 0.0. Lack of trading volume on 14th of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.00% . |
SPDR SP Regional Fundamentals Correlations and Trends
By evaluating SPDR SP'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 SP'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 SP Etf history
SPDR SP 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 SP Regional 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 SP stock prices may prove useful in developing a viable investing in SPDR SP
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. SPDR SERIES is traded on Mexico Stock Exchange in Mexico.
SPDR SP Etf Technical Analysis
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.
Price Boundaries
SPDR SP Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
SPDR SP Regional cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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 SP December 14, 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 Regional 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.
| Risk Adjusted Performance | 0.0668 | |||
| Jensen Alpha | 0.3372 | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.62) |
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Additional Information and Resources on Investing in SPDR Etf
When determining whether SPDR SP Regional is a strong investment it is important to analyze SPDR SP's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR SP's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SP Regional. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.