Spdr Ice Preferred Etf Price on October 22, 2024

PSK Etf  USD 34.25  0.12  0.35%   
Below is the normalized historical share price chart for SPDR ICE Preferred extending back to September 17, 2009. 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 ICE stands at 34.25, as last reported on the 4th of December, with the highest price reaching 34.26 and the lowest price hitting 34.10 during the day.
3 y Volatility
14.7
200 Day MA
34.4728
1 y Volatility
7.42
50 Day MA
35.119
Inception Date
2009-09-16
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. SPDR ICE Preferred owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0045, which indicates the etf had a -0.0045% return per unit of volatility over the last 3 months. SPDR ICE Preferred exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPDR ICE's risk adjusted performance of 0.0136, and Coefficient Of Variation of 4164.83 to confirm the risk estimate we provide.
  
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0045

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Estimated Market Risk

 0.52
  actual daily
4
96% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average SPDR ICE 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 ICE by adding SPDR ICE to a well-diversified portfolio.

SPDR ICE Valuation on October 22, 2024

It is possible to determine the worth of SPDR ICE on a given historical date. On October 22, 2024 SPDR was worth 34.7 at the beginning of the trading date compared to the closed value of 34.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR ICE etf. Still, in general, we apply an absolute valuation method to find SPDR ICE'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 ICE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR ICE's related companies.
 Open High Low Close Volume
  34.96    35.02    34.66    34.78    121,746  
10/22/2024
  34.70    34.87    34.61    34.84    105,254  
  34.65    34.74    34.47    34.59    97,631  
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Open Value
34.7
34.84
Closing Value
36.25
Upside

SPDR ICE Trading Date Momentum on October 22, 2024

On October 23 2024 SPDR ICE Preferred was traded for  34.59  at the closing time. Highest SPDR ICE's price during the trading hours was 34.74  and the lowest price during the day was  34.47 . The net volume was 97.6 K. The overall trading history on the 23rd of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.72% . The trading price change to current price is 1.29% .

SPDR ICE Preferred Fundamentals Correlations and Trends

By evaluating SPDR ICE'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 ICE'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 ICE Etf history

SPDR ICE 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 ICE Preferred 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 ICE stock prices may prove useful in developing a viable investing in SPDR ICE

SPDR ICE Etf Technical Analysis

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

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SPDR ICE Preferred cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 ICE December 4, 2024 Market Strength

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

SPDR ICE Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SPDR ICE'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 ICE Preferred is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SPDR Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spdr Ice Preferred Etf. Highlighted below are key reports to facilitate an investment decision about Spdr Ice Preferred Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SPDR ICE Preferred. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of SPDR ICE Preferred is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR ICE's value that differs from its market value or its book value, called intrinsic value, which is SPDR ICE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR ICE's market value can be influenced by many factors that don't directly affect SPDR ICE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR ICE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR ICE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR ICE'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.