Sp High Yield Index Price on November 19, 2024
| SPHYDA Index | 4,496 38.21 0.86% |
Below is the normalized historical share price chart for SP High Yield extending back to December 08, 1999. 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 SP High stands at 4,496, as last reported on the 24th of December, with the highest price reaching 4,523 and the lowest price hitting 4,447 during the day.
If you're considering investing in SPHYDA Index, it is important to understand the factors that can impact its price. SP High Yield retains Efficiency (Sharpe Ratio) of -0.13, which indicates the index had a -0.13% return per unit of price deviation over the last 3 months. SP High exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. SPHYDA Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.1328
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPHYDA |
Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SP High 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 SP High by adding SP High to a well-diversified portfolio.
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SP High Valuation on November 19, 2024
It is possible to determine the worth of SP High on a given historical date. On November 19, 2024 SPHYDA was worth 4736.06 at the beginning of the trading date compared to the closed value of 4715.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SP High index. Still, in general, we apply an absolute valuation method to find SP High'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 SP High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SP High's related companies.
| Open | High | Low | Close | Volume | |
| 4,716 | 4,745 | 4,711 | 4,736 | 1.00 | |
11/19/2024 | 4,736 | 4,736 | 4,686 | 4,716 | 1.00 |
| 4,716 | 4,716 | 4,681 | 4,712 | 1.00 |
| Backtest SP High | | | SP High History | Previous | Next |
SP High Trading Date Momentum on November 19, 2024
| On November 20 2024 SP High Yield was traded for 4,712 at the closing time. The highest price during the trading period was 4,716 and the lowest recorded bid was listed for 4,681 . There was no trading activity during the period 1.0. Lack of trading volume on November 20, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.09% . The trading price change to the current price is 2.77% . |
Price Boundaries
SP High Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
SP High Yield cannot be verified against its exchange. Please verify the symbol is currently traded on INDX 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.
SP High December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how SP High index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SP High shares will generate the highest return on investment. By undertsting and applying SP High index market strength indicators, traders can identify SP High Yield entry and exit signals to maximize returns
SP High Technical Drivers
SP High December 24, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SP High's price direction in advance. Along with the technical and fundamental analysis of SPHYDA Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPHYDA 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 | (0.11) | |||
| Mean Deviation | 0.4716 | |||
| Coefficient Of Variation | (768.34) | |||
| Standard Deviation | 0.6269 | |||
| Variance | 0.393 | |||
| Information Ratio | (0.18) | |||
| Total Risk Alpha | (0.11) | |||
| Maximum Drawdown | 3.83 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 0.8895 | |||
| Skewness | (0.56) | |||
| Kurtosis | 2.66 |
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| Volume Indicators |