SPDR SP (France) Technical Analysis
| SPY5 Etf | EUR 512.50 1.60 0.31% |
As of the 1st of July, SPDR SP has the coefficient of variation of 617.43, and Risk Adjusted Performance of 0.1045. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SPDR SP 500, as well as the relationship between them.
SPDR SP Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPDR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPDRSPDR |
SPDR 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.
SPDR SP 500 Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SPDR SP 500 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SPDR SP 500 Trend Analysis
Use this graph to draw trend lines for SPDR SP 500. You can use it to identify possible trend reversals for SPDR SP as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SPDR SP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SPDR SP Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SPDR SP 500 applied against its price change over selected period. The best fit line has a slop of 0.69 , which means SPDR SP 500 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 18127.14, which is the sum of squared deviations for the predicted SPDR SP price change compared to its average price change.About SPDR SP Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SPDR SP 500 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SPDR SP 500 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on SPDR SP 500 price pattern first instead of the macroeconomic environment surrounding SPDR SP 500. By analyzing SPDR SP's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SPDR SP's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SPDR SP specific price patterns or momentum indicators. Please read more on our technical analysis page.
SPDR SP July 1, 2024 Technical Indicators
Most technical analysis of SPDR help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SPDR from various momentum indicators to cycle indicators. When you analyze SPDR charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1045 | |||
| Market Risk Adjusted Performance | 0.3324 | |||
| Mean Deviation | 0.4486 | |||
| Semi Deviation | 0.4144 | |||
| Downside Deviation | 0.608 | |||
| Coefficient Of Variation | 617.43 | |||
| Standard Deviation | 0.6044 | |||
| Variance | 0.3653 | |||
| Information Ratio | 0.169 | |||
| Jensen Alpha | 0.0918 | |||
| Total Risk Alpha | 0.1011 | |||
| Sortino Ratio | 0.168 | |||
| Treynor Ratio | 0.3224 | |||
| Maximum Drawdown | 3.03 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 0.8292 | |||
| Downside Variance | 0.3697 | |||
| Semi Variance | 0.1717 | |||
| Expected Short fall | (0.48) | |||
| Skewness | 0.1147 | |||
| Kurtosis | 1.12 |
Additional Information and Resources on Investing in SPDR Etf
When determining whether SPDR SP 500 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR SP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Sp 500 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Sp 500 Etf:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR 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 board of governors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.