Spdr Bloomberg 1 3 Etf Price on January 26, 2024
| BIL Etf | USD 91.40 0.01 0.01% |
Below is the normalized historical share price chart for SPDR Bloomberg 1 3 extending back to May 30, 2007. 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 Bloomberg stands at 91.40, as last reported on the 1st of May, with the highest price reaching 91.80 and the lowest price hitting 91.40 during the day.
If you're considering investing in SPDR Etf, it is important to understand the factors that can impact its price. We consider SPDR Bloomberg very steady. SPDR Bloomberg 1 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the etf had a 0.13% return per unit of volatility over the last 3 months. We have found twenty-three technical indicators for SPDR Bloomberg 1 3, which you can use to evaluate the volatility of the etf. Please validate SPDR Bloomberg's variance of 0.0227, and Risk Adjusted Performance of 0.0525 to confirm if the risk estimate we provide is consistent with the expected return of 0.0194%.
SPDR Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 0.68 | 200 Day MA 91.6066 | 1 y Volatility 0.11 | 50 Day MA 91.6264 | Inception Date 2007-05-25 |
SPDR |
Sharpe Ratio = 0.1268
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| Negative Returns | BIL |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average SPDR Bloomberg is performing at about 9% 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 Bloomberg by adding it to a well-diversified portfolio.
SPDR Bloomberg Valuation on January 26, 2024
It is possible to determine the worth of SPDR Bloomberg on a given historical date. On January 26, 2024 SPDR was worth 91.75 at the beginning of the trading date compared to the closed value of 90.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SPDR Bloomberg etf. Still, in general, we apply an absolute valuation method to find SPDR Bloomberg'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 Bloomberg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SPDR Bloomberg's related companies.
| Open | High | Low | Close | Volume | |
| 91.74 | 91.74 | 90.20 | 90.20 | 6,059,517 | |
01/26/2024 | 91.75 | 91.75 | 90.21 | 90.21 | 5,612,929 |
| 91.76 | 91.77 | 90.21 | 90.21 | 5,646,110 |
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SPDR Bloomberg Trading Date Momentum on January 26, 2024
| On January 29 2024 SPDR Bloomberg 1 3 was traded for 90.21 at the closing time. Highest SPDR Bloomberg's price during the trading hours was 91.77 and the lowest price during the day was 90.21 . The net volume was 5.6 M. The overall trading history on the 29th of January did not result in any price rise and fall. The trading price change to current price is 1.37% . |
SPDR Bloomberg 1 Fundamentals Correlations and Trends
By evaluating SPDR Bloomberg'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 Bloomberg'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 Bloomberg Etf history
SPDR Bloomberg 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 Bloomberg 1 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 Bloomberg stock prices may prove useful in developing a viable investing in SPDR Bloomberg
The fund invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. 1-3 Month is traded on NYSEARCA Exchange in the United States.
SPDR Bloomberg Etf Technical Analysis
SPDR Bloomberg 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 Bloomberg Period Price Range
Low | January 26, 2024
| High |
91.75 | 90.21 |
SPDR Bloomberg May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how SPDR Bloomberg 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 Bloomberg shares will generate the highest return on investment. By undertsting and applying SPDR Bloomberg etf market strength indicators, traders can identify SPDR Bloomberg 1 3 entry and exit signals to maximize returns
| Accumulation Distribution | 94211.56 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 90.98 | |||
| Day Typical Price | 90.72 | |||
| Price Action Indicator | (1.54) | |||
| Period Momentum Indicator | 1.19 | |||
| Relative Strength Index | 69.87 |
SPDR Bloomberg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SPDR Bloomberg'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 | 0.0525 | |||
| Jensen Alpha | 0.0088 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 0.4086 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SPDR Bloomberg 1 3. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of SPDR Bloomberg 1 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is SPDR Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect SPDR Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Bloomberg'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.