Spdr Ssga Fixed Etf Price on June 13, 2024
FISR Etf | USD 25.36 0.10 0.40% |
Below is the normalized historical share price chart for SPDR SSGA Fixed extending back to April 03, 2019. 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 SPDR SSGA stands at 25.36, as last reported on the 22nd of December, with the highest price reaching 25.41 and the lowest price hitting 25.34 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. SPDR SSGA Fixed owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the etf had a -0.15% return per unit of volatility over the last 3 months. SPDR SSGA Fixed exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPDR SSGA's risk adjusted performance of (0.14), and Variance of 0.1093 to confirm the risk estimate we provide.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 8.2 | 200 Day MA 25.7534 | 1 y Volatility 6.72 | 50 Day MA 25.8152 | Inception Date 2019-04-02 |
SPDR |
Sharpe Ratio = -0.1542
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Estimated Market Risk
0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR SSGA is not performing at its full potential. However, 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 SPDR SSGA by adding SPDR SSGA to a well-diversified portfolio.
Average Mkt Cap Mil 1.3 K |
SPDR SSGA Valuation on June 13, 2024
It is possible to determine the worth of SPDR SSGA on a given historical date. On June 13, 2024 SPDR was worth 24.94 at the beginning of the trading date compared to the closed value of 25.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR SSGA etf. Still, in general, we apply an absolute valuation method to find SPDR SSGA'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 SPDR SSGA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR SSGA's related companies.
Open | High | Low | Close | Volume | |
24.95 | 25.05 | 24.90 | 24.90 | 47,900 | |
06/13/2024 | 24.94 | 25.07 | 24.94 | 25.04 | 24,300 |
25.07 | 25.12 | 25.07 | 25.11 | 18,200 |
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SPDR SSGA Trading Date Momentum on June 13, 2024
On June 14 2024 SPDR SSGA Fixed was traded for 25.11 at the closing time. The top price for the day was 25.12 and the lowest listed price was 25.07 . The trading volume for the day was 18.2 K. The trading history from June 14, 2024 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 0.28% . The trading price change against the current closing price is 0.08% . |
SPDR SSGA Fixed Fundamentals Correlations and Trends
By evaluating SPDR SSGA'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 SPDR SSGA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SPDR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SPDR SSGA Etf history
SPDR SSGA 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 SPDR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SPDR SSGA Fixed 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 SPDR SSGA stock prices may prove useful in developing a viable investing in SPDR SSGA
SPDR SSGA Etf Technical Analysis
SPDR SSGA 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.
Price Boundaries
SPDR SSGA Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
SPDR SSGA Fixed cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
SPDR SSGA December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR SSGA etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPDR SSGA shares will generate the highest return on investment. By undertsting and applying SPDR SSGA etf market strength indicators, traders can identify SPDR SSGA Fixed entry and exit signals to maximize returns
SPDR SSGA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR SSGA's price direction in advance. Along with the technical and fundamental analysis of SPDR Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SPDR 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 | (0.14) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | (1.61) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR SSGA Fixed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of SPDR SSGA Fixed is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SSGA's value that differs from its market value or its book value, called intrinsic value, which is SPDR SSGA'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 SPDR SSGA's market value can be influenced by many factors that don't directly affect SPDR SSGA'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 SPDR SSGA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SSGA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SSGA'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.