Spdr Msci Eafe Etf Technical Analysis
| EFAX Etf | USD 39.50 0.02 0.05% |
As of the 18th of April 2024, SPDR MSCI has the coefficient of variation of 1533.35, and Risk Adjusted Performance of 0.0417. SPDR MSCI technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the etf's future prices. In other words, you can use this information to find out if the etf will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for SPDR MSCI EAFE, which can be compared to its competition. Please validate SPDR MSCI EAFE standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if SPDR MSCI is priced adequately, providing market reflects its prevalent price of 39.5 per share.
SPDR MSCI 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 MSCI 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 MSCI EAFE Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 MSCI EAFE volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SPDR MSCI EAFE Trend Analysis
Use this graph to draw trend lines for SPDR MSCI EAFE. You can use it to identify possible trend reversals for SPDR MSCI 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 MSCI price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SPDR MSCI Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SPDR MSCI EAFE applied against its price change over selected period. The best fit line has a slop of 0.04 , which means SPDR MSCI EAFE will continue generating value for investors. It has 122 observation points and a regression sum of squares at 46.48, which is the sum of squared deviations for the predicted SPDR MSCI price change compared to its average price change.About SPDR MSCI 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 MSCI EAFE 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 MSCI EAFE based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on SPDR MSCI EAFE price pattern first instead of the macroeconomic environment surrounding SPDR MSCI EAFE. By analyzing SPDR MSCI'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 MSCI'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 MSCI specific price patterns or momentum indicators. Please read more on our technical analysis page.
SPDR MSCI April 18, 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 | 0.0417 | |||
| Market Risk Adjusted Performance | (0.53) | |||
| Mean Deviation | 0.5014 | |||
| Semi Deviation | 0.62 | |||
| Downside Deviation | 0.7006 | |||
| Coefficient Of Variation | 1533.35 | |||
| Standard Deviation | 0.6711 | |||
| Variance | 0.4503 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0366 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.54) | |||
| Maximum Drawdown | 2.96 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.19 | |||
| Downside Variance | 0.4908 | |||
| Semi Variance | 0.3844 | |||
| Expected Short fall | (0.55) | |||
| Skewness | (0.38) | |||
| Kurtosis | 0.467 |
SPDR MSCI EAFE One Year Return
Based on the recorded statements, SPDR MSCI EAFE has an One Year Return of 7.3%. This is 5.93% lower than that of the SPDR State Street Global Advisors family and significantly higher than that of the Foreign Large Blend category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR MSCI EAFE. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the SPDR MSCI EAFE information on this page should be used as a complementary analysis to other SPDR MSCI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of SPDR MSCI EAFE 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 MSCI's value that differs from its market value or its book value, called intrinsic value, which is SPDR MSCI'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 MSCI's market value can be influenced by many factors that don't directly affect SPDR MSCI'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 MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR MSCI'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.