Spear Alpha Etf Price History
SPRX Etf | USD 26.66 0.27 1.02% |
If you're considering investing in Spear Etf, it is important to understand the factors that can impact its price. As of today, the current price of Spear Alpha stands at 26.66, as last reported on the 2nd of December, with the highest price reaching 26.77 and the lowest price hitting 26.60 during the day. Spear Alpha appears to be very steady, given 3 months investment horizon. Spear Alpha ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the etf had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Spear Alpha ETF, which you can use to evaluate the volatility of the etf. Please review Spear Alpha's Semi Deviation of 1.7, coefficient of variation of 634.5, and Risk Adjusted Performance of 0.1262 to confirm if our risk estimates are consistent with your expectations.
Spear Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Spear |
Sharpe Ratio = 0.2181
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Spear Alpha is performing at about 17% 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 Spear Alpha by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 63.5 K |
Spear Alpha Etf Price History Chart
There are several ways to analyze Spear Alpha ETF price data. The simplest method is using a basic Spear candlestick price chart, which shows Spear Alpha price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | December 2, 2024 | 26.66 |
Lowest Price | September 6, 2024 | 20.12 |
Spear Alpha December 2, 2024 Etf Price Synopsis
Various analyses of Spear Alpha's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Spear Etf. It can be used to describe the percentage change in the price of Spear Alpha from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Spear Etf.Spear Alpha Accumulation Distribution | 47.58 | |
Spear Alpha Price Daily Balance Of Power | 1.59 | |
Spear Alpha Price Action Indicator | 0.11 | |
Spear Alpha Price Rate Of Daily Change | 1.01 |
Spear Alpha December 2, 2024 Etf Price Analysis
Spear Etf Price History Data
The price series of Spear Alpha for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 6.31 with a coefficient of variation of 6.62. The price distribution for the period has arithmetic mean of 23.47. The median price for the last 90 days is 23.75.Open | High | Low | Close | Volume | ||
12/02/2024 | 26.60 | 26.77 | 26.60 | 26.66 | 7,493 | |
11/29/2024 | 26.40 | 26.52 | 26.35 | 26.39 | 7,100 | |
11/27/2024 | 26.34 | 26.34 | 25.49 | 25.92 | 8,100 | |
11/26/2024 | 26.45 | 26.55 | 26.21 | 26.34 | 11,700 | |
11/25/2024 | 26.85 | 26.87 | 26.32 | 26.32 | 13,600 | |
11/22/2024 | 26.30 | 26.47 | 26.25 | 26.43 | 27,000 | |
11/21/2024 | 25.67 | 26.28 | 25.57 | 26.16 | 37,792 | |
11/20/2024 | 24.66 | 24.73 | 24.43 | 24.73 | 14,648 | |
11/19/2024 | 23.97 | 24.79 | 23.97 | 24.79 | 7,800 | |
11/18/2024 | 24.00 | 24.19 | 23.90 | 24.14 | 17,900 | |
11/15/2024 | 24.15 | 24.15 | 23.75 | 23.89 | 25,000 | |
11/14/2024 | 24.78 | 24.91 | 24.57 | 24.57 | 23,600 | |
11/13/2024 | 25.22 | 25.31 | 24.90 | 24.92 | 8,800 | |
11/12/2024 | 25.05 | 25.19 | 24.92 | 24.98 | 19,700 | |
11/11/2024 | 25.29 | 25.29 | 24.73 | 25.00 | 37,406 | |
11/08/2024 | 24.94 | 25.04 | 24.80 | 25.04 | 14,741 | |
11/07/2024 | 24.84 | 25.21 | 24.84 | 25.12 | 34,500 | |
11/06/2024 | 24.53 | 24.91 | 24.46 | 24.85 | 21,416 | |
11/05/2024 | 23.60 | 23.78 | 23.59 | 23.77 | 18,322 | |
11/04/2024 | 23.46 | 23.62 | 23.28 | 23.37 | 18,332 | |
11/01/2024 | 23.75 | 23.90 | 23.62 | 23.69 | 15,467 | |
10/31/2024 | 23.86 | 23.87 | 23.44 | 23.50 | 41,200 | |
10/30/2024 | 24.22 | 24.35 | 24.02 | 24.05 | 23,900 | |
10/29/2024 | 24.17 | 24.54 | 24.12 | 24.48 | 19,100 | |
10/28/2024 | 24.39 | 24.41 | 24.24 | 24.24 | 10,500 | |
10/25/2024 | 24.27 | 24.50 | 24.23 | 24.25 | 8,818 | |
10/24/2024 | 24.07 | 24.12 | 23.90 | 24.12 | 23,234 | |
10/23/2024 | 23.98 | 24.06 | 23.53 | 23.75 | 25,729 | |
10/22/2024 | 24.21 | 24.21 | 24.05 | 24.13 | 19,361 | |
10/21/2024 | 24.24 | 24.54 | 24.18 | 24.40 | 11,000 | |
10/18/2024 | 24.30 | 24.34 | 24.24 | 24.24 | 10,600 | |
10/17/2024 | 24.56 | 24.56 | 24.14 | 24.14 | 20,600 | |
10/16/2024 | 24.06 | 24.19 | 23.90 | 24.19 | 8,779 | |
10/15/2024 | 24.36 | 24.36 | 23.83 | 23.88 | 14,800 | |
10/14/2024 | 24.41 | 24.44 | 24.31 | 24.44 | 7,632 | |
10/11/2024 | 23.88 | 24.20 | 23.88 | 24.13 | 9,696 | |
10/10/2024 | 23.70 | 24.12 | 23.70 | 24.02 | 94,894 | |
10/09/2024 | 23.47 | 23.74 | 23.47 | 23.67 | 22,200 | |
10/08/2024 | 23.18 | 23.52 | 23.18 | 23.51 | 19,700 | |
10/07/2024 | 23.28 | 23.31 | 23.08 | 23.14 | 29,100 | |
10/04/2024 | 22.96 | 23.33 | 22.80 | 23.32 | 28,703 | |
10/03/2024 | 22.45 | 22.67 | 22.45 | 22.61 | 6,700 | |
10/02/2024 | 22.22 | 22.55 | 22.22 | 22.44 | 22,306 | |
10/01/2024 | 22.58 | 22.58 | 22.19 | 22.28 | 22,601 | |
09/30/2024 | 22.54 | 22.75 | 22.54 | 22.75 | 10,905 | |
09/27/2024 | 22.87 | 22.87 | 22.62 | 22.72 | 15,000 | |
09/26/2024 | 23.35 | 23.37 | 22.76 | 22.95 | 21,542 | |
09/25/2024 | 22.78 | 22.98 | 22.78 | 22.80 | 18,394 | |
09/24/2024 | 22.75 | 22.90 | 22.50 | 22.79 | 39,600 | |
09/23/2024 | 22.66 | 22.71 | 22.60 | 22.68 | 19,229 | |
09/20/2024 | 22.41 | 22.64 | 22.25 | 22.61 | 23,657 | |
09/19/2024 | 22.21 | 22.56 | 22.15 | 22.40 | 47,200 | |
09/18/2024 | 21.81 | 21.95 | 21.54 | 21.62 | 21,782 | |
09/17/2024 | 21.90 | 21.99 | 21.68 | 21.83 | 12,999 | |
09/16/2024 | 21.48 | 21.72 | 21.48 | 21.70 | 15,564 | |
09/13/2024 | 21.49 | 21.72 | 21.49 | 21.63 | 18,970 | |
09/12/2024 | 21.21 | 21.59 | 21.13 | 21.44 | 150,305 | |
09/11/2024 | 20.48 | 21.28 | 20.45 | 21.24 | 42,148 | |
09/10/2024 | 20.48 | 20.58 | 20.17 | 20.58 | 31,146 | |
09/09/2024 | 20.38 | 20.51 | 20.27 | 20.41 | 31,356 | |
09/06/2024 | 20.80 | 20.80 | 19.98 | 20.12 | 68,589 |
About Spear Alpha Etf history
Spear Alpha 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 Spear is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spear Alpha ETF 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 Spear Alpha stock prices may prove useful in developing a viable investing in Spear Alpha
The fund is an actively-managed exchange-traded fund that will invest primarily in equity securities, including common stock or American depositary receipts of companies that Spear Advisors LLC believes are poised to benefit from breakthrough innovation in industrial technology. Spear Alpha is traded on NASDAQ Exchange in the United States.
Spear Alpha Etf Technical Analysis
Spear Alpha technical etf 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, etf market cycles, or different charting patterns.
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Spear Alpha Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spear Alpha's price direction in advance. Along with the technical and fundamental analysis of Spear Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spear 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 | 0.1262 | |||
Jensen Alpha | 0.077 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | 0.0747 | |||
Treynor Ratio | 0.1773 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spear Alpha ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Spear Alpha ETF is measured differently than its book value, which is the value of Spear that is recorded on the company's balance sheet. Investors also form their own opinion of Spear Alpha's value that differs from its market value or its book value, called intrinsic value, which is Spear Alpha's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spear Alpha's market value can be influenced by many factors that don't directly affect Spear Alpha's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spear Alpha's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spear Alpha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spear Alpha's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.