Spdr Kensho Future Etf Price on November 26, 2024
XKFS Etf | USD 68.36 0.65 0.96% |
Below is the normalized historical share price chart for SPDR Kensho Future extending back to December 27, 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 SPDR Kensho stands at 68.36, as last reported on the 13th of December 2024, with the highest price reaching 68.59 and the lowest price hitting 67.85 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. SPDR Kensho appears to be very steady, given 3 months investment horizon. SPDR Kensho Future owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the etf had a 0.21% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SPDR Kensho Future, which you can use to evaluate the volatility of the etf. Please review SPDR Kensho's risk adjusted performance of 0.1825, and Coefficient Of Variation of 405.51 to confirm if our risk estimates are consistent with your expectations.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 38.6272 | 50 Day MA 38.6272 |
SPDR |
Sharpe Ratio = 0.2062
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Estimated Market Risk
1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average SPDR Kensho is performing at about 16% 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 SPDR Kensho by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Related Headline
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SPDR Kensho Valuation on November 26, 2024
It is possible to determine the worth of SPDR Kensho on a given historical date. On November 26, 2024 SPDR was worth 68.91 at the beginning of the trading date compared to the closed value of 68.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Kensho etf. Still, in general, we apply an absolute valuation method to find SPDR Kensho'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 Kensho where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Kensho's related companies.
Open | High | Low | Close | Volume | |
69.03 | 69.10 | 68.42 | 68.59 | 9,100 | |
11/26/2024 | 68.91 | 68.91 | 68.75 | 68.89 | 5,400 |
69.16 | 69.16 | 68.32 | 68.53 | 2,300 |
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SPDR Kensho Trading Date Momentum on November 26, 2024
On November 27 2024 SPDR Kensho Future was traded for 68.53 at the closing time. The top price for the day was 69.16 and the lowest listed price was 68.32 . The trading volume for the day was 2.3 K. The trading history from November 27, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.52% . The trading price change against the current closing price is 0.28% . |
SPDR Kensho Future Fundamentals Correlations and Trends
By evaluating SPDR Kensho'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 Kensho'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 Kensho Etf history
SPDR Kensho 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 Kensho Future 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 Kensho stock prices may prove useful in developing a viable investing in SPDR Kensho
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SP Kensho Future Security Index. SPDR Kensho is traded on Archipelago Exchange in USA.
SPDR Kensho Etf Technical Analysis
SPDR Kensho 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 Kensho Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
SPDR Kensho Future 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 Kensho December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Kensho 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 Kensho shares will generate the highest return on investment. By undertsting and applying SPDR Kensho etf market strength indicators, traders can identify SPDR Kensho Future entry and exit signals to maximize returns
SPDR Kensho Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Kensho'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 | 0.1825 | |||
Jensen Alpha | 0.237 | |||
Total Risk Alpha | 0.1073 | |||
Sortino Ratio | 0.1607 | |||
Treynor Ratio | 1.08 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR Kensho Future. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of SPDR Kensho Future 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 Kensho's value that differs from its market value or its book value, called intrinsic value, which is SPDR Kensho'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 Kensho's market value can be influenced by many factors that don't directly affect SPDR Kensho'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 Kensho's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Kensho is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Kensho'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.