Sp Preferred Stock Index Price on November 27, 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.
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
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPPREF |
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.
SP Preferred Valuation on November 27, 2024
It is possible to determine the worth of SP Preferred on a given historical date. On November 27, 2024 SPPREF was worth 678.89 at the beginning of the trading date compared to the closed value of 679.07. 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 | |
| 682.74 | 682.74 | 677.37 | 678.89 | 1.00 | |
11/27/2024 | 678.89 | 680.79 | 678.48 | 679.07 | 1.00 |
| 679.07 | 683.44 | 679.07 | 683.24 | 1.00 |
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SP Preferred Trading Date Momentum on November 27, 2024
| On November 29 2024 SP Preferred Stock was traded for 683.24 at the closing time. The highest price during the trading period was 683.44 and the lowest recorded bid was listed for 679.07 . There was no trading activity during the period 1.0. Lack of trading volume on November 29, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.61% . The trading price change to the current price is 0.02% . |
Price Boundaries
SP Preferred Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
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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 Deviation | 0.3473 | |||
| Coefficient Of Variation | (3,717) | |||
| Standard Deviation | 0.4449 | |||
| Variance | 0.1979 | |||
| Information Ratio | (0.25) | |||
| Total Risk Alpha | (0.08) | |||
| Maximum Drawdown | 2.01 | |||
| Value At Risk | (0.76) | |||
| Potential Upside | 0.7755 | |||
| Skewness | (0.16) | |||
| Kurtosis | (0.01) |
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