Sp Preferred Stock Index Price on October 18, 2024

SPPREF Index   669.16  4.49  0.67%   
Below is the normalized historical share price chart for SP Preferred Stock extending back to September 11, 2006. 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 Preferred stands at 669.16, as last reported on the 14th of December 2024, with the highest price reaching 673.65 and the lowest price hitting 667.99 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in SPPREF Index, it is important to understand the factors that can impact its price. SP Preferred Stock retains Efficiency (Sharpe Ratio) of -0.0918, which indicates the index had a -0.0918% return per unit of price deviation over the last 3 months. SP Preferred exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement.
SPPREF Index price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0918

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSPPREF

Estimated Market Risk

 0.45
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average SP Preferred 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 Preferred by adding SP Preferred to a well-diversified portfolio.

Related Headline

SL Green Headline on 18th of October 2024

Earnings call SL Green reports strong leasing, asset monetization plans

SP Preferred Valuation on October 18, 2024

It is possible to determine the worth of SP Preferred on a given historical date. On October 18, 2024 SPPREF was worth 694.86 at the beginning of the trading date compared to the closed value of 692.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SP Preferred index. Still, in general, we apply an absolute valuation method to find SP Preferred'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 Preferred where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SP Preferred's related companies.
 Open High Low Close Volume
  696.36    696.36    693.79    694.86    1.00  
10/18/2024
  694.86    695.80    692.98    692.98    1.00  
  692.98    692.98    685.94    687.74    1.00  
Backtest SP Preferred  |  SP Preferred History  PreviousNext  
Open Value
694.86
693.51
Downside
692.98
Closing Value
696.21
Upside

SP Preferred Trading Date Momentum on October 18, 2024

On October 21 2024 SP Preferred Stock was traded for  687.74  at the closing time. The highest price during the trading period was 692.98  and the lowest recorded bid was listed for  685.94 . There was no trading activity during the period 1.0. Lack of trading volume on October 21, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.76% . The trading price change to the current price is 1.39% .

Price Boundaries

SP Preferred Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SP Preferred Stock 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 Preferred December 14, 2024 Market Strength

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

SP Preferred Technical Drivers

SP Preferred December 14, 2024 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SP Preferred's price direction in advance. Along with the technical and fundamental analysis of SPPREF Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPPREF 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(0.03)
Mean Deviation0.3473
Coefficient Of Variation(3,717)
Standard Deviation0.4449
Variance0.1979
Information Ratio(0.25)
Total Risk Alpha(0.08)
Maximum Drawdown2.01
Value At Risk(0.76)
Potential Upside0.7755
Skewness(0.16)
Kurtosis(0.01)
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators