SSgA SPDR (Netherlands) Price on October 8, 2024
SXLY Etf | 65.42 0.31 0.47% |
If you're considering investing in SSgA Etf, it is important to understand the factors that can impact its price. As of today, the current price of SSgA SPDR stands at 65.42, as last reported on the 26th of December, with the highest price reaching 65.42 and the lowest price hitting 65.42 during the day. SSgA SPDR appears to be very steady, given 3 months investment horizon. SSgA SPDR ETFs owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the etf had a 0.28% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for SSgA SPDR ETFs, which you can use to evaluate the volatility of the etf. Please review SSgA SPDR's Semi Deviation of 0.5207, risk adjusted performance of 0.2336, and Coefficient Of Variation of 347.11 to confirm if our risk estimates are consistent with your expectations.
SSgA Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SSgA |
Sharpe Ratio = 0.2837
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Estimated Market Risk
1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average SSgA SPDR is performing at about 22% 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 SSgA SPDR by adding it to a well-diversified portfolio.
SSgA SPDR Valuation on October 8, 2024
It is possible to determine the worth of SSgA SPDR on a given historical date. On October 8, 2024 SSgA was worth 51.92 at the beginning of the trading date compared to the closed value of 52.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SSgA SPDR etf. Still, in general, we apply an absolute valuation method to find SSgA SPDR'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 SSgA SPDR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SSgA SPDR's related companies.
Open | High | Low | Close | Volume | |
53.04 | 53.04 | 52.43 | 52.43 | 205.00 | |
10/08/2024 | 51.92 | 52.60 | 51.92 | 52.60 | 180.00 |
52.65 | 53.03 | 52.65 | 53.03 | 160.00 |
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SSgA SPDR Trading Date Momentum on October 8, 2024
On October 09 2024 SSgA SPDR ETFs was traded for 53.03 at the closing time. The highest price during the trading period was 53.03 and the lowest recorded bid was listed for 52.65 . The volume for the day was 160. This history from October 9, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.82% . The trading price change to the current price is 1.69% . |
Price Boundaries
SSgA SPDR Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
SSgA SPDR ETFs cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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.
SSgA SPDR December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how SSgA SPDR etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SSgA SPDR shares will generate the highest return on investment. By undertsting and applying SSgA SPDR etf market strength indicators, traders can identify SSgA SPDR ETFs entry and exit signals to maximize returns
SSgA SPDR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SSgA SPDR's price direction in advance. Along with the technical and fundamental analysis of SSgA Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SSgA 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.