SPASX Dividend (Australia) Price on November 22, 2024
| AXDI Index | 1,697 0.50 0.03% |
Below is the normalized historical share price chart for SPASX Dividend Opportunities extending back to September 22, 2010. 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 SPASX Dividend stands at 1,697, as last reported on the 30th of November, with the highest price reaching 1,697 and the lowest price hitting 1,686 during the day.
If you're considering investing in SPASX Index, it is important to understand the factors that can impact its price. SPASX Dividend Oppor retains Efficiency (Sharpe Ratio) of 0.0474, which indicates the index had a 0.0474% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for SPASX Dividend, which you can use to evaluate the volatility of the index. SPASX Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0474
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AXDI |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average SPASX Dividend is performing at about 3% 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 SPASX Dividend by adding it to a well-diversified portfolio.
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SPASX Dividend Valuation on November 22, 2024
It is possible to determine the worth of SPASX Dividend on a given historical date. On November 22, 2024 SPASX was worth 1683.4 at the beginning of the trading date compared to the closed value of 1701.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPASX Dividend index. Still, in general, we apply an absolute valuation method to find SPASX Dividend'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 SPASX Dividend where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPASX Dividend's related companies.
| Open | High | Low | Close | Volume | |
| 1,685 | 1,693 | 1,679 | 1,683 | 108,288,296 | |
11/22/2024 | 1,683 | 1,706 | 1,683 | 1,702 | 110,305,832 |
| 1,702 | 1,712 | 1,697 | 1,697 | 218,845,040 |
| Backtest SPASX Dividend | | | SPASX Dividend History | Previous | Next |
SPASX Dividend Trading Date Momentum on November 22, 2024
| On November 25 2024 SPASX Dividend Opportunities was traded for 1,697 at the closing time. The highest price during the trading period was 1,712 and the lowest recorded bid was listed for 1,697 . The volume for the day was 218.8 M. This history from November 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.26% . The trading price change to the current price is 0.30% . |
Price Boundaries
SPASX Dividend Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
SPASX Dividend Opportunities cannot be verified against its exchange. Please verify the symbol is currently traded on INDX. 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.
SPASX Dividend November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how SPASX Dividend index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPASX Dividend shares will generate the highest return on investment. By undertsting and applying SPASX Dividend index market strength indicators, traders can identify SPASX Dividend Opportunities entry and exit signals to maximize returns
SPASX Dividend Technical Drivers
SPASX Dividend November 30, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPASX Dividend's price direction in advance. Along with the technical and fundamental analysis of SPASX Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPASX 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 | 0.041 | |||
| Mean Deviation | 0.5008 | |||
| Semi Deviation | 0.6805 | |||
| Downside Deviation | 0.7327 | |||
| Coefficient Of Variation | 1771.94 | |||
| Standard Deviation | 0.6317 | |||
| Variance | 0.3991 | |||
| Information Ratio | (0.16) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.14) | |||
| Maximum Drawdown | 2.58 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 0.9947 | |||
| Downside Variance | 0.5369 | |||
| Semi Variance | 0.463 | |||
| Expected Short fall | (0.48) | |||
| Skewness | (0.76) | |||
| Kurtosis | 0.6357 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |