SSGA SPDR (Netherlands) Technical Analysis
| SWRD Etf | EUR 38.52 0.24 0.62% |
As of the 15th of December 2024, SSGA SPDR has the coefficient of variation of 417.3, and Risk Adjusted Performance of 0.173. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SSGA SPDR ETFS, as well as the relationship between them. Please validate SSGA SPDR ETFS variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if SSGA SPDR is priced adequately, providing market reflects its prevalent price of 38.52 per share.
SSGA SPDR Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SSGA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SSGASSGA |
SSGA SPDR 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.
SSGA SPDR ETFS Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SSGA SPDR ETFS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SSGA SPDR ETFS Trend Analysis
Use this graph to draw trend lines for SSGA SPDR ETFS. You can use it to identify possible trend reversals for SSGA SPDR as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SSGA SPDR price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SSGA SPDR Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SSGA SPDR ETFS applied against its price change over selected period. The best fit line has a slop of 0.07 , which means SSGA SPDR ETFS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 166.0, which is the sum of squared deviations for the predicted SSGA SPDR price change compared to its average price change.About SSGA SPDR Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SSGA SPDR ETFS on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SSGA SPDR ETFS based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on SSGA SPDR ETFS price pattern first instead of the macroeconomic environment surrounding SSGA SPDR ETFS. By analyzing SSGA SPDR's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SSGA SPDR's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SSGA SPDR specific price patterns or momentum indicators. Please read more on our technical analysis page.
SSGA SPDR December 15, 2024 Technical Indicators
Most technical analysis of SSGA help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SSGA from various momentum indicators to cycle indicators. When you analyze SSGA charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.173 | |||
| Market Risk Adjusted Performance | 0.8447 | |||
| Mean Deviation | 0.4761 | |||
| Semi Deviation | 0.248 | |||
| Downside Deviation | 0.5634 | |||
| Coefficient Of Variation | 417.3 | |||
| Standard Deviation | 0.6757 | |||
| Variance | 0.4565 | |||
| Information Ratio | 0.0915 | |||
| Jensen Alpha | 0.1355 | |||
| Total Risk Alpha | 0.0679 | |||
| Sortino Ratio | 0.1097 | |||
| Treynor Ratio | 0.8347 | |||
| Maximum Drawdown | 4.43 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 1.14 | |||
| Downside Variance | 0.3175 | |||
| Semi Variance | 0.0615 | |||
| Expected Short fall | (0.58) | |||
| Skewness | 1.06 | |||
| Kurtosis | 5.51 |
Other Information on Investing in SSGA Etf
SSGA SPDR financial ratios help investors to determine whether SSGA Etf 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 SSGA with respect to the benefits of owning SSGA SPDR security.