SPDR SPASX (Australia) Price on September 10, 2024
| BOND Etf | 25.38 0.06 0.24% |
Below is the normalized historical share price chart for SPDR SPASX Australian extending back to July 26, 2012. 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 SPASX stands at 25.38, as last reported on the 5th of October, with the highest price reaching 25.42 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. Currently, SPDR SPASX Australian is very steady. SPDR SPASX Australian owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the etf had a 0.19% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for SPDR SPASX Australian, which you can use to evaluate the volatility of the etf. Please validate SPDR SPASX's standard deviation of 0.292, and Risk Adjusted Performance of 0.1373 to confirm if the risk estimate we provide is consistent with the expected return of 0.0554%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.46 | 200 Day MA 24.8699 | 50 Day MA 25.3982 | Inception Date 2012-07-27 | Beta 1.12 |
SPDR |
Sharpe Ratio = 0.1886
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Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average SPDR SPASX is performing at about 14% 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 SPASX by adding it to a well-diversified portfolio.
SPDR SPASX Valuation on September 10, 2024
It is possible to determine the worth of SPDR SPASX on a given historical date. On September 10, 2024 SPDR was worth 25.43 at the beginning of the trading date compared to the closed value of 25.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR SPASX etf. Still, in general, we apply an absolute valuation method to find SPDR SPASX'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 SPASX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR SPASX's related companies.
| Open | High | Low | Close | Volume | |
| 25.41 | 25.41 | 25.34 | 25.35 | 2,356 | |
09/10/2024 | 25.43 | 25.43 | 25.40 | 25.40 | 1,987 |
| 25.50 | 25.53 | 25.46 | 25.52 | 16,472 |
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SPDR SPASX Trading Date Momentum on September 10, 2024
| On September 11 2024 SPDR SPASX Australian was traded for 25.52 at the closing time. The highest price during the trading period was 25.53 and the lowest recorded bid was listed for 25.46 . The volume for the day was 16.5 K. This history from September 11, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.47% . The trading price change to the current price is 0.20% . |
SPDR SPASX Australian Fundamentals Correlations and Trends
By evaluating SPDR SPASX'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 SPASX'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 SPASX Etf history
SPDR SPASX 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 SPASX Australian 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 SPASX stock prices may prove useful in developing a viable investing in SPDR SPASX
SPDR SPASX Etf Technical Analysis
SPDR SPASX 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 SPASX Period Price Range
Low | October 5, 2024
| High |
0.00 | 0.00 |
SPDR SPASX Australian cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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 SPASX October 5, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR SPASX 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 SPASX shares will generate the highest return on investment. By undertsting and applying SPDR SPASX etf market strength indicators, traders can identify SPDR SPASX Australian entry and exit signals to maximize returns
SPDR SPASX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR SPASX'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 | 0.1373 | |||
| Jensen Alpha | 0.0509 | |||
| Total Risk Alpha | 0.0075 | |||
| Sortino Ratio | (0.27) | |||
| Treynor Ratio | (0.95) |
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Other Information on Investing in SPDR Etf
SPDR SPASX financial ratios help investors to determine whether SPDR Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SPDR with respect to the benefits of owning SPDR SPASX security.