Sp 500 Index Fund Price on September 17, 2024
| USSPX Fund | USD 77.16 0.43 0.56% |
If you're considering investing in USSPX Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Sp 500 stands at 77.16, as last reported on the 2nd of December, with the highest price reaching 77.16 and the lowest price hitting 77.16 during the day. At this stage we consider USSPX Mutual Fund to be very steady. Sp 500 Index retains Efficiency (Sharpe Ratio) of 0.21, which indicates the fund had a 0.21% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Sp 500, which you can use to evaluate the volatility of the fund. Please validate Sp 500's Mean Deviation of 0.5105, downside deviation of 0.7465, and Risk Adjusted Performance of 0.1596 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
USSPX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
USSPX |
Sharpe Ratio = 0.2096
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | USSPX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Sp 500 is performing at about 16% 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 Sp 500 by adding it to a well-diversified portfolio.
Sp 500 Valuation on September 17, 2024
It is possible to determine the worth of Sp 500 on a given historical date. On September 17, 2024 USSPX was worth 71.58 at the beginning of the trading date compared to the closed value of 71.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sp 500 mutual fund. Still, in general, we apply an absolute valuation method to find Sp 500'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 500 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sp 500's related companies.
| Open | High | Low | Close | Volume | |
| 71.56 | 71.56 | 71.56 | 71.56 | 1.00 | |
09/17/2024 | 71.58 | 71.58 | 71.58 | 71.58 | 1.00 |
| 71.38 | 71.38 | 71.38 | 71.38 | 1.00 |
| Backtest Sp 500 | | | Sp 500 History | | | Sp 500 Valuation | Previous | Next |
Sp 500 Trading Date Momentum on September 17, 2024
| On September 18 2024 Sp 500 Index was traded for 71.38 at the closing time. The highest daily price throughout the period was 71.38 and the lowest price was 71.38 . There was no trading activity during the period 1.0. Lack of trading volume on 09/18/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.28% . The trading price change to current closing price is 1.87% . |
Sp 500 Index Fundamentals Correlations and Trends
By evaluating Sp 500'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 Sp 500's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. USSPX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sp 500 Mutual Fund history
Sp 500 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 USSPX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sp 500 Index 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 Sp 500 stock prices may prove useful in developing a viable investing in Sp 500
The funds principal investment strategy is, under normal market conditions, to invest at least 80 percent of the funds assets in the common stocks of companies composing the index. Usaa 500 is traded on NASDAQ Exchange in the United States.
Sp 500 Mutual Fund Technical Analysis
Sp 500 technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Sp 500 Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Sp 500 Index cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 500 December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Sp 500 mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sp 500 shares will generate the highest return on investment. By undertsting and applying Sp 500 mutual fund market strength indicators, traders can identify Sp 500 Index entry and exit signals to maximize returns
Sp 500 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sp 500's price direction in advance. Along with the technical and fundamental analysis of USSPX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of USSPX 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 | 0.1596 | |||
| Jensen Alpha | 0.1296 | |||
| Total Risk Alpha | 0.0207 | |||
| Sortino Ratio | 0.0174 | |||
| Treynor Ratio | 1.63 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in USSPX Mutual Fund
Sp 500 financial ratios help investors to determine whether USSPX Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in USSPX with respect to the benefits of owning Sp 500 security.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |