Spdr Nuveen Bloomberg Etf Price on December 11, 2023
HYMB Etf | USD 25.47 0.08 0.32% |
Below is the normalized historical share price chart for SPDR Nuveen Bloomberg extending back to April 14, 2011. 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 Nuveen stands at 25.47, as last reported on the 26th of December, with the highest price reaching 25.47 and the lowest price hitting 25.32 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. SPDR Nuveen Bloomberg owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0581, which indicates the etf had a -0.0581% return per unit of volatility over the last 3 months. SPDR Nuveen Bloomberg exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPDR Nuveen's variance of 0.1442, and Risk Adjusted Performance of (0.05) 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 9.58 | 200 Day MA 25.7657 | 1 y Volatility 4.17 | 50 Day MA 25.9256 | Inception Date 2011-04-13 |
SPDR |
Sharpe Ratio = -0.0581
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Estimated Market Risk
0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR Nuveen 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 Nuveen by adding SPDR Nuveen to a well-diversified portfolio.
Average Mkt Cap Mil 3.1 K | Market Capitalisation {Big=0, Small=0.00183, Mega=0, Medium=0, Micro=0} |
SPDR Nuveen Valuation on December 11, 2023
It is possible to determine the worth of SPDR Nuveen on a given historical date. On December 11, 2023 SPDR was worth 23.75 at the beginning of the trading date compared to the closed value of 23.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Nuveen etf. Still, in general, we apply an absolute valuation method to find SPDR Nuveen'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 Nuveen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Nuveen's related companies.
Open | High | Low | Close | Volume | |
23.78 | 23.78 | 23.64 | 23.71 | 1,052,885 | |
12/11/2023 | 23.75 | 23.77 | 23.63 | 23.76 | 1,037,469 |
23.76 | 23.76 | 23.71 | 23.75 | 1,485,723 |
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SPDR Nuveen Trading Date Momentum on December 11, 2023
On December 12 2023 SPDR Nuveen Bloomberg was traded for 23.75 at the closing time. The top price for the day was 23.76 and the lowest listed price was 23.71 . The trading volume for the day was 1.5 M. The trading history from December 12, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.04% . The trading price change against the current closing price is 1.89% . |
SPDR Nuveen Bloomberg Fundamentals Correlations and Trends
By evaluating SPDR Nuveen'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 Nuveen'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 Nuveen Etf history
SPDR Nuveen 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 Nuveen Bloomberg 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 Nuveen stock prices may prove useful in developing a viable investing in SPDR Nuveen
The fund invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Sub-Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. SP High is traded on NYSEARCA Exchange in the United States.
SPDR Nuveen Etf Technical Analysis
SPDR Nuveen 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 Nuveen Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
SPDR Nuveen Bloomberg 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 Nuveen December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Nuveen 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 Nuveen shares will generate the highest return on investment. By undertsting and applying SPDR Nuveen etf market strength indicators, traders can identify SPDR Nuveen Bloomberg entry and exit signals to maximize returns
SPDR Nuveen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Nuveen'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 | (0.05) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | 1.27 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Nuveen Bloomberg. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of SPDR Nuveen Bloomberg 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 Nuveen's value that differs from its market value or its book value, called intrinsic value, which is SPDR Nuveen'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 Nuveen's market value can be influenced by many factors that don't directly affect SPDR Nuveen'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 Nuveen's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Nuveen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Nuveen'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.