Aam Sp 500 Etf Price on August 30, 2024
SPDV Etf | USD 32.83 0.02 0.06% |
Below is the normalized historical share price chart for AAM SP 500 extending back to November 29, 2017. 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 AAM SP stands at 32.83, as last reported on the 10th of January, with the highest price reaching 32.83 and the lowest price hitting 32.52 during the day.
If you're considering investing in AAM Etf, it is important to understand the factors that can impact its price. AAM SP 500 secures Sharpe Ratio (or Efficiency) of -0.0492, which signifies that the etf had a -0.0492% return per unit of return volatility over the last 3 months. AAM SP 500 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AAM SP's Variance of 0.5791, standard deviation of 0.761, and Mean Deviation of 0.5666 to double-check the risk estimate we provide.
AAM Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.5 | 200 Day MA 31.8207 | 1 y Volatility 15.26 | 50 Day MA 33.6866 | Inception Date 2017-11-28 |
AAM |
Sharpe Ratio = -0.0492
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Estimated Market Risk
0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AAM SP 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 AAM SP by adding AAM SP to a well-diversified portfolio.
Average Mkt Cap Mil 36 K |
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AAM SP Valuation on August 30, 2024
It is possible to determine the worth of AAM SP on a given historical date. On August 30, 2024 AAM was worth 32.2 at the beginning of the trading date compared to the closed value of 32.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AAM SP etf. Still, in general, we apply an absolute valuation method to find AAM SP'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 AAM SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AAM SP's related companies.
Open | High | Low | Close | Volume | |
31.97 | 32.12 | 31.97 | 32.02 | 1,083 | |
08/30/2024 | 32.20 | 32.30 | 32.03 | 32.30 | 2,794 |
32.18 | 32.19 | 31.83 | 31.97 | 3,109 |
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AAM SP Trading Date Momentum on August 30, 2024
On September 03 2024 AAM SP 500 was traded for 31.97 at the closing time. The top price for the day was 32.19 and the lowest listed price was 31.83 . The trading volume for the day was 3.1 K. The trading history from September 3, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.02% . The overall trading delta against the current closing price is 2.79% . |
AAM SP 500 Fundamentals Correlations and Trends
By evaluating AAM SP'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 AAM SP's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AAM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AAM SP Etf history
AAM SP 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 AAM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AAM SP 500 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 AAM SP stock prices may prove useful in developing a viable investing in AAM SP
The index is a rules-based, equal-weighted index that is designed to provide exposure to the constituents of the SP 500 Index that exhibit both high dividend yield and sustainable dividend distribution characteristics, while maintaining diversified sector exposure. Aam SP is traded on NYSEARCA Exchange in the United States.
AAM SP Etf Technical Analysis
AAM SP 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
AAM SP Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
AAM SP 500 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.
AAM SP January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how AAM SP etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AAM SP shares will generate the highest return on investment. By undertsting and applying AAM SP etf market strength indicators, traders can identify AAM SP 500 entry and exit signals to maximize returns
AAM SP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AAM SP's price direction in advance. Along with the technical and fundamental analysis of AAM Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of AAM 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 | (0.03) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | (0.13) |
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Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AAM SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of AAM SP 500 is measured differently than its book value, which is the value of AAM that is recorded on the company's balance sheet. Investors also form their own opinion of AAM SP's value that differs from its market value or its book value, called intrinsic value, which is AAM SP'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 AAM SP's market value can be influenced by many factors that don't directly affect AAM SP'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 AAM SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAM SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAM SP'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.