Spdr Ice Preferred Etf Price on April 3, 2024
| PSK Etf | USD 33.79 0.28 0.84% |
Below is the normalized historical share price chart for SPDR ICE Preferred extending back to September 17, 2009. 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 ICE stands at 33.79, as last reported on the 2nd of June, with the highest price reaching 33.87 and the lowest price hitting 33.60 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. SPDR ICE Preferred owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0243, which indicates the etf had a -0.0243% return per unit of volatility over the last 3 months. SPDR ICE Preferred exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SPDR ICE's risk adjusted performance of (0.01), and Variance of 0.4246 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 14.47 | 200 Day MA 33.3178 | 1 y Volatility 12.54 | 50 Day MA 33.9066 | Inception Date 2009-09-16 |
SPDR |
Sharpe Ratio = -0.0243
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| Negative Returns | PSK |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SPDR ICE 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 ICE by adding SPDR ICE to a well-diversified portfolio.
SPDR ICE Valuation on April 3, 2024
It is possible to determine the worth of SPDR ICE on a given historical date. On April 3, 2024 SPDR was worth 34.38 at the beginning of the trading date compared to the closed value of 34.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR ICE etf. Still, in general, we apply an absolute valuation method to find SPDR ICE'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 ICE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR ICE's related companies.
| Open | High | Low | Close | Volume | |
| 34.60 | 34.60 | 34.24 | 34.24 | 360,207 | |
04/03/2024 | 34.38 | 34.59 | 34.29 | 34.38 | 86,879 |
| 34.63 | 34.76 | 34.53 | 34.53 | 88,340 |
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SPDR ICE Trading Date Momentum on April 3, 2024
| On April 04 2024 SPDR ICE Preferred was traded for 34.53 at the closing time. Highest SPDR ICE's price during the trading hours was 34.76 and the lowest price during the day was 34.53 . The net volume was 88.3 K. The overall trading history on the 4th of April contributed to the next trading period price upswing. The trading delta at closing time to the next next day price was 0.44% . The trading price change to current price is 2.15% . |
SPDR ICE Preferred Fundamentals Correlations and Trends
By evaluating SPDR ICE'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 ICE'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 ICE Etf history
SPDR ICE 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 ICE Preferred 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 ICE stock prices may prove useful in developing a viable investing in SPDR ICE
SPDR ICE Etf Technical Analysis
SPDR ICE 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 ICE Period Price Range
Low | April 3, 2024
| High |
34.38 | 34.38 |
SPDR ICE June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR ICE 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 ICE shares will generate the highest return on investment. By undertsting and applying SPDR ICE etf market strength indicators, traders can identify SPDR ICE Preferred entry and exit signals to maximize returns
| Accumulation Distribution | 753.5 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 34.44 | |||
| Day Typical Price | 34.42 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.59) | |||
| Relative Strength Index | 45.44 |
SPDR ICE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR ICE'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 | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.04) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SPDR ICE Preferred. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of SPDR ICE Preferred 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 ICE's value that differs from its market value or its book value, called intrinsic value, which is SPDR ICE'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 ICE's market value can be influenced by many factors that don't directly affect SPDR ICE'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 ICE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR ICE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR ICE'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.